IPO

Sharp Chucks And Machines Limited IPO

NSE SME

Listed On: Oct 12, 2023 at ₹ 66.0

₹ 116000 /2000 Shares

Check Allotment

Sharp Chucks And Machines Limited IPO Details

29 Sep, 2023

Open Date

05 Oct, 2023

Close Date

09 Oct, 2023

Allotment Date

12 Oct, 2023

Listing Date

Issue Price

₹58 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

66.0

Listing Date

2023-10-12

Market Lot

2000 Shares (₹116,000/-)

Lead Manager

Fedex Securities Pvt Ltd

Issue Size

2,904,000 shares(aggregating up to ₹16.84 Cr)

Retail Portion

50%

Subscription

51.28 times

IPO Docs

DRHP

Sharp Chucks And Machines Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,378,0001,378,0002,756,000
Day 1 - 29-09-23 06:00 PM0.22 x1.81 x1.02 x
Day 2 - 03-10-23 06:00 PM1.77 x11.97 x6.87 x
Day 3 - 04-10-23 05:00 PM3.99 x25.16 x14.58 x
Day 4 - 05-10-23 05:00 PM32.92 x63.96 x51.28 x

Sharp Chucks And Machines Limited Valuations

Earnings Per Share (EPS)

₹5.18/-

P/E Ratio

11.2

RoNW

9.68%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Sharp Chucks And Machines Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets18,003.5818,392.0913,397.98
Revenue17,931.4515,252.2313,583.11
Profit After Tax506.50452.62330.96

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.

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Sharp Chucks And Machines Limited - Promoter(s)

Pre Issue Share Holding: 80.28%

Post Issue Share Holding: 73.00%


Company Promoter(s)

  1. Mr. Ajay Sikka
  2. Ms. Gopika Sikka

Sharp Chucks And Machines Limited IPO - Issue Objectives

  1. Funding of working capital requirements
  2. 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.