Spectrum Electrical Industries Limited IPO

NSE SME

Offer Date: Sep 17, 2018 - Sep 21, 2018

₹ 130000 /2000 Shares

IPO Details

17 Sep, 2018

Open Date

21 Sep, 2018

Close Date

27 Sep, 2018

Allotment Date

01 Oct, 2018

Listing Date

Issue Price

Rs 65/- Per Equity Share

Face Value

Rs 10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Private Limited

Market Lot

2000 Shares ( Rs 1,30,000/- )

Lead Manager

Arihant Capital Markets Limited

Issue Size

Fresh Issue of 39,80,000 Equity Shares of Rs 10/- at a price of Rs 65/- per share aggregating to Rs 25.87 Cr

Retail Portion

N/A

Subscription

48,08,000 1.27 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	18,90,000	18,90,000	37,80,000
Day 1 - 17-09-18	3,40,000 0.18 x	38,000 0.02 x	3,78,000 0.10 x
Day 2 - 18-09-18	3,86,000 0.20 x	86,000 0.05 x	4,72,000 0.12 x
Day 3 - 19-09-18	4,10,000 0.22 x	1,20,000 0.06 x	5,30,000 0.14 x
Day 4 - 21-09-18	37,56,000 1.99 x	10,52,000 0.56 x	48,08,000 1.27 x

Valuations

Earnings Per Share (EPS)

Rs 3.90/-

P/E Ratio

16.65

RoNW

17.50%

Net Asset Value (NAV) ( post issue )

Rs 39.42/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Net Worth
AKG Exim Limited	1.19	20.13	8.46%	112.35
Agro Tech Foods Limited	N/A	N/A	N/A	N/A
AuSom Enterprises Limited	N/A	N/A	N/A	N/A

- Promoter(s)

Company Promoter(s)

Mr. Deepak Chaudhari

IPO - Issue Objectives

To set up a Zinc Plating plant at Umale. ( Rs 7.50 Cr )
To meet long term working capital requirements. ( Rs 10.00 Cr )
General Corporate Purposes. ( Rs 5.87 Cr )
To meet the expenses of the Issue. ( Rs 2.50 Cr )

IPO - FAQs

Ans. Spectrum Electrical Industries Limited IPO is a SME IPO. The issue is priced at Rs 65/- Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Sep 17, 2018, and closes on Sep 21, 2018. Bigshare Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Spectrum Electrical Industries Limited IPO opens on Sep 17, 2018 and closes on Sep 21, 2018.

Ans. The size of Spectrum Electrical Industries Limited IPO is Fresh Issue of 39,80,000 Equity Shares of Rs 10/- at a price of Rs 65/- per share aggregating to Rs 25.87 Cr.

Ans. The IPO price band is set between Rs 65/- Per Equity Share .

Ans. To apply for Spectrum Electrical Industries Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Spectrum Electrical Industries 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 Spectrum Electrical Industries Limited IPO is Sep 27, 2018.

Ans. The Spectrum Electrical Industries Limited IPO will be listed on Oct 1, 2018.

Ans. Follow the steps to check the allotment status for Spectrum Electrical Industries Limited IPO here.