Ashoka Metcast Limited IPO

BSE SME

Offer Date: Jan 23, 2017 - Jan 25, 2018

₹ 120000 /6000 Shares

IPO Details

23 Jan, 2017

Open Date

25 Jan, 2018

Close Date

01 Feb, 2018

Allotment Date

05 Feb, 2018

Listing Date

Issue Price

Rs 20 Per Equity Share

Face Value

Rs 10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt. Ltd

Market Lot

6000 Shares (Rs 1,20,000/-)

Lead Manager

Aryaman Financial Services Limited

Issue Size

Fresh Issue of 60,00,000 Equity Shares of Rs 10/- each at a price of 20/- per share aggregating to 12 Cr

Retail Portion

N/A

Subscription

89,22,000 1.57 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	28,44,000	28,44,000	56,88,000
Day 1 - 23-01-18	12,06,000 0.42 x	6,00,000 0.21 x	18,06,000 0.32 x
Day 2 - 24-01-18	12,78,000 0.45 x	21,54,000 0.76 x	34,32,000 0.60 x
Day 3 - 25-01-18	14,40,000 0.51 x	74,82,000 2.63 x	89,22,000 1.57 x

Valuations

Earnings Per Share (EPS)

Rs 0.75

P/E Ratio

RoNW

0.86%

Net Asset Value (NAV)

Rs 19.57

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)

Mr Shalin Shah
Shalin A. Shah HUF

IPO - Issue Objectives

Investment in subsidiary company – SGRMPL for funding capital expenditure requirements in relation to revival and modernisation of existing manufacturing facility at Kadi, Gujarat and working capital requirements
Repayment of loans
Funding expenditure for General Corporate Purposes

IPO - FAQs

Ans. Ashoka Metcast Limited IPO is a SME IPO. The issue is priced at Rs 20 Per Equity Share . The minimum order quantity is 6000 Shares. The IPO opens on Jan 23, 2017, and closes on Jan 25, 2018. Bigshare Services Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Ashoka Metcast Limited IPO opens on Jan 23, 2017 and closes on Jan 25, 2018.

Ans. The size of Ashoka Metcast Limited IPO is Fresh Issue of 60,00,000 Equity Shares of Rs 10/- each at a price of 20/- per share aggregating to 12 Cr.

Ans. The IPO price band is set between Rs 20 Per Equity Share .

Ans. To apply for Ashoka Metcast Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Ashoka Metcast Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Ashoka Metcast Limited IPO is Feb 1, 2018.

Ans. The Ashoka Metcast Limited IPO will be listed on Feb 5, 2018.

Ans. Follow the steps to check the allotment status for Ashoka Metcast Limited IPO here.