Sharp Chucks And Machines Limited IPO
NSE SMEListed On: Oct 12, 2023 at ₹ 66.0
₹ 116000 /2000 Shares
Check AllotmentSharp Chucks And Machines Limited IPO Details
29 Sep, 2023
Open Date05 Oct, 2023
Close Date09 Oct, 2023
Allotment Date12 Oct, 2023
Listing DateIssue Price
₹58 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LtdList Price
66.0Listing Date
2023-10-12Market Lot
2000 Shares (₹116,000/-)Lead Manager
Fedex Securities Pvt LtdIssue Size
2,904,000 shares(aggregating up to ₹16.84 Cr)Retail Portion
50%Subscription
51.28 timesIPO Docs
DRHPSharp Chucks And Machines Limited IPO Subscription Details
As on | QIB / NII | Retail | Total |
---|---|---|---|
Shares Offered / Reserved | 1,378,000 | 1,378,000 | 2,756,000 |
Day 1 - 29-09-23 06:00 PM | 0.22 x | 1.81 x | 1.02 x |
Day 2 - 03-10-23 06:00 PM | 1.77 x | 11.97 x | 6.87 x |
Day 3 - 04-10-23 05:00 PM | 3.99 x | 25.16 x | 14.58 x |
Day 4 - 05-10-23 05:00 PM | 32.92 x | 63.96 x | 51.28 x |
Sharp Chucks And Machines Limited Valuations
Earnings Per Share (EPS)
₹5.18/-P/E Ratio
11.2RoNW
9.68%Net Asset Value (NAV) - Post Issue
₹N/A/-Sharp Chucks And Machines Limited Company Financials All values are in ₹ Lakh
31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
---|---|---|---|
Assets | 18,003.58 | 18,392.09 | 13,397.98 |
Revenue | 17,931.45 | 15,252.23 | 13,583.11 |
Profit After Tax | 506.50 | 452.62 | 330.96 |
About The Company
Sharp Chucks and Machines Limited is engaged in the manufacturing of forging and graded casting machined components of tractors and other automobiles, as well as power chucks, lathe chucks, drill chucks, and other machine tool accessories for tractors, automobiles, material handling & earth moving equipment, railways, defense, machine tools, the DIY industry, and so on.
The company's product portfolio includes:
1. Forging products: This includes Gear, Dog Clutch, Scaffolding, C Clamp Spanner, Wrench Axe, Ball Pein Hammer, Cross Pein Hammer, Machinist Hammer, Sledge Hammer, Splitting Maul, Stoning Hammer Hatchet, Combination Spanner, Splitting Axe, Splitting Wedge, Fireman Axe, Michigan Axe, Hunter Axe, Drilling Hammer, Claw Hammer, Camp Axe, Single Bit Axe.
2. Casting products: This includes Brake Housing, Piston Trumpet Housing, Wheel Hub Kit, Rear Cover, Bell Housing, Front Axel Braket, Gear Box, B.P Shaft Carrier, Brake Drum, Front Axel Housing, Lift Arm, Ram Cylinder, Rear Turnion, Planetary Carrier, TP Carrier, Cage, Steering Arm, Lift Housing, PTO Housing, Fly Wheel, Gear Casing, Cylinder Block, Plannet Carrier M Star, Support Front Axle, Plate Input Retainer, Temper Head.
3. Machine components: This includes Power Chucks, Lathe Chucks, Drill Chucks, and Machine Tools Accessories.
The company has two manufacturing units located in Jalandhar consisting of three foundries having an installed capacity of 30000 MTPA and Machining facilities consisting of VMC, CNC, and other machinery having an installed capacity of 14400 MTPA, and one forging unit consisting of hammers, billiard heaters, etc. having installed capacity of 3600 MTPA.
Sharp Chucks And Machines Limited - Promoter(s)
Pre Issue Share Holding: 80.28%
Post Issue Share Holding: 73.00%
Company Promoter(s)
- Mr. Ajay Sikka
- Ms. Gopika Sikka
Sharp Chucks And Machines Limited IPO - Issue Objectives
- Funding of working capital requirements
- General corporate purposes.
Sharp Chucks And Machines Limited IPO - FAQs
Ans. Sharp Chucks And Machines Limited IPO is a SME IPO. The issue is priced at ₹58 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 29, 2023, and closes on Oct 5, 2023. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Sharp Chucks And Machines Limited IPO opens on Sep 29, 2023 and closes on Oct 5, 2023.
Ans. The size of Sharp Chucks And Machines Limited IPO is 2,904,000 shares(aggregating up to ₹16.84 Cr).
Ans. The IPO price band is set between ₹58 per equity share.
Ans. To apply for Sharp Chucks And Machines Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Sharp Chucks And Machines 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 Sharp Chucks And Machines Limited IPO is Oct 9, 2023.
Ans. The Sharp Chucks And Machines Limited IPO will be listed on Oct 12, 2023.
Ans. Follow the steps to check the allotment status for Sharp Chucks And Machines Limited IPO here.