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Home All IPOs Spectrum Electrical Industries Ltd. IPO
Spectrum Electrical Industries Ltd. IPO
NSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹65
Issue Price
₹65
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹65
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹130,000
1 lot · 2,000 shares
Live Price
tap to chart
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
17 Sep 2018
Mon Completed
Done
Close Date
21 Sep 2018
Fri Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
01 Oct 2018
Mon Completed
UPI Deadline: 21 Sep 2018
Issue Details
Pricing & Size
Issue Price
₹65 Face ₹10
Lot Size
2,000 shares
Min Investment
₹130,000
Total Issue Size
39,80,000 shares (aggregating up to ₹25.87 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,00,000 (5.03%)
QIB Portion
-
NII / HNI
18,90,000 (47.49%)
Retail
18,90,000 (47.49%)
Employee
-
Net Offer to Public
37,80,000 shares (aggregating up to ₹24.57 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,11,39,840 shares
Post-Issue Shareholding
1,51,19,840 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,30,000
HNI / NII 2 4,000 ₹2,60,000
Objects of Issue
3 objectives
1
1 To set up a Zinc Plating plant at Umale
7.50 Cr
2
2 To meet long term working capital requirements
10.00 Cr
3
3 General Corporate Purposes
5.87 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Arihant Capital Markets Ltd.
Market Maker
Arihant Capital Markets Ltd.
IPO Timeline
Open
17 Sep
✓ Done
Close
21 Sep
✓ Done
Allotment
TBA
Listing
01 Oct
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
sarita.zamwar@spectrum-india.com
Phone
0257 2210 192
Address
Plot No. V -195, MIDC Area, Ajanta Road Jalgaon Jalgaon, Maharashtra, 425003
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹65
Est. Listing
₹65
Lot Size
2,000 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
Spectrum Electrical Industries Ltd. LIVE
INR ·
vs Issue
Open
High
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P/E
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| Price
Market Reference
IPO Issue Price
₹65
GMP
+₹0 (+0%)
GMP Est. Listing
₹65
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) 18,90,000 (47.49%) ₹1,228.50 Cr
Retail Investors 18,90,000 (47.49%) ₹1,228.50 Cr
Total ** 39,80,000 (100.00%) ₹25,870.00 Cr
Market Maker * 2,00,000 (5.03%) ₹13.00 Cr
* Based on ₹65.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
18,90,000 (47.49%)
Retail
18,90,000 (47.49%)
Market Maker
2,00,000 (5.03%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Lakhs
Metric31-Mar-1831-Mar-1731-Mar-16
Revenue11983.24659.77215.88
PAT590.3253.2730.03
EBITDA
Net Worth
Total Assets10763.342506.001491.32
Reserves
Borrowings
About Spectrum Electrical Industries Ltd.

Incorporated in 2008, Jalgaon (Maharashtra) based Spectrum Electrical Industries Limited is a company engaged in the business of design and manufacturing of electrical, automobile and irrigation components. The company is a contract manufacturer and component suppliers to leading industry players.

Spectrum Electrical offers end-to-end product solutions to its customers under the B2B model. It provides services ranging from global sourcing, manufacturing, quality testing and packaging to logistics. The company also offers products in the intermediate stages to its customers.

The manufacturing unit of the company is located at Jalgaon & Nashik, Maharashtra.

The company's turnover in fiscal 2017, 2016 and 2015 are 10,020.41 lakhs, 9,503.07 lakhs, and 8,085.99 lakhs respectively.

The PAT for fiscal 2017, 2016 and 2015 are 349.70 lakhs, 247.04 lakhs, and 184.66 lakhs.

The company has 370 full-time employees on its payroll.=

Frequently Asked Questions
What is the issue price of Spectrum Electrical Industries Ltd. IPO?
The issue price of Spectrum Electrical Industries Ltd. IPO is ₹65 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹130,000.
What are the IPO dates?
Opens 17 Sep 2018, closes 21 Sep 2018.
When is the listing date?
Tentative listing: 01 Oct 2018 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹65 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Spectrum Electrical Industries Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
01 Oct 2018
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹65
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹130,000
1 lot
Est. Listing
₹65
GMP +₹0
Key Dates
Open
17 Sep Done
Close
21 Sep Done
Listing
01 Oct Done
Registrar
Bigshare Services Pvt.Ltd.
A
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