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Ashoka Metcast Ltd. IPO
BSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹20
Issue Price
₹20
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹20
GMP based
Lot Size
6,000
shares / lot
Min Amount
₹120,000
1 lot · 6,000 shares
Live Price
tap to chart
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
23 Jan 2018
Tue Completed
Done
Close Date
25 Jan 2018
Thu Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
05 Feb 2018
Mon Completed
UPI Deadline: 25 Jan 2018
Issue Details
Pricing & Size
Issue Price
₹20 Face ₹10
Lot Size
6,000 shares
Min Investment
₹120,000
Total Issue Size
60,00,000 shares (aggregating up to ₹12.00 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,12,000 (5.20%)
QIB Portion
-
NII / HNI
28,44,000 (47.40%)
Retail
28,44,000 (47.40%)
Employee
-
Net Offer to Public
56,88,000 shares (aggregating up to ₹11.38 Cr)
Shareholding Pattern
Pre-Issue Shareholding
47,10,000 shares
Post-Issue Shareholding
1,07,10,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 6,000 ₹1,20,000
HNI / NII 2 12,000 ₹2,40,000
Objects of Issue
3 objectives
1
1 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
7.40 Cr
2
2 Repayment of loans
2.10 Cr
3
3 Funding expenditure for General Corporate Purposes
2.00 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Aryaman Financial Services Ltd.
Market Maker
Aryaman Capital Markets Ltd.
IPO Timeline
Open
23 Jan
✓ Done
Close
25 Jan
✓ Done
Allotment
TBA
Listing
05 Feb
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
info@ashokametcast.in
Phone
+91- 79- 2646 3226
Address
7th Floor, Ashoka Chambers, Opposite HCG Hospital Mithakhali Six Roads, Mithakhali Ahmedabad, Gujarat, 380006
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹20
Est. Listing
₹20
Lot Size
6,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Ashoka Metcast Ltd. LIVE
INR ·
vs Issue
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High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹20
GMP
+₹0 (+0%)
GMP Est. Listing
₹20
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 28,44,000 (47.40%) ₹568.80 Cr
Retail Investors 28,44,000 (47.40%) ₹568.80 Cr
Total ** 60,00,000 (100.00%) ₹12,000.00 Cr
Market Maker * 3,12,000 (5.20%) ₹6.24 Cr
* Based on ₹20.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
28,44,000 (47.40%)
Retail
28,44,000 (47.40%)
Market Maker
3,12,000 (5.20%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.

Financial data not available

About Ashoka Metcast Ltd.

Incorporated in 2009, Ashoka Metcast Limited is Ahmedabad Gujrat-based company engaged in trading of structural steel products such as Round Bars, Flat Bars etc. Company is proposing to manufacture structural steel products like TMT bars, angles, channels, MS Bars etc.

Ashoka Metcast Limited is part of a diversified business group with business interests in various sectors including Oil and Gas, Steel, Infrastructure, Electronic Equipments and Real Estate. Its flagship Group Company - Gujarat Natural Resources Limited is engaged in the business of Oil & Gas exploration and production and currently has participating interests in 6 producing blocks in Cambay basin and is operator in four of these blocks. The company is listed on BSE and has a market capitalisation of around 125 crores.

Frequently Asked Questions
What is the issue price of Ashoka Metcast Ltd. IPO?
The issue price of Ashoka Metcast Ltd. IPO is ₹20 per share, face value ₹10.
What is the lot size?
Minimum lot size is 6,000 shares, requiring ₹120,000.
What are the IPO dates?
Opens 23 Jan 2018, closes 25 Jan 2018.
When is the listing date?
Tentative listing: 05 Feb 2018 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹20 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Ashoka Metcast Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
05 Feb 2018
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹20
Face ₹10
Lot Size
6,000
shares / lot
Min Amount
₹120,000
1 lot
Est. Listing
₹20
GMP +₹0
Key Dates
Open
23 Jan Done
Close
25 Jan Done
Listing
05 Feb Done
Registrar
Bigshare Services Pvt.Ltd.
A
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