Free Offer
Open Demat FREE
Apply in Sanghvi Forging & Engineering Ltd. IPO via ASBA / UPI
₹0 Opening Digital KYC 1-Click Apply
SEBI Regulated · 100% Secure · Under 5 Min
Home All IPOs Sanghvi Forging & Engineering Ltd. IPO

Sanghvi Forging & Engineering Ltd. IPO

NSE & BSE Bookbuilding IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹85
Issue Price
₹85
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹85
GMP based
Lot Size
70
shares / lot
Min Amount
₹5,950
1 lot · 70 shares
Opens
04 May
Closed
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
04 May 2011
Wed Completed
Done
Close Date
09 May 2011
Mon Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
23 May 2011
Mon Completed
UPI Deadline: 09 May 2011
Issue Details
Pricing & Size
Issue Price
₹85 Face ₹10
Lot Size
70 shares
Min Investment
₹5,950
Total Issue Size
43,41,195 shares (aggregating up to ₹36.90 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
21,70,597 (50.00%)
NII / HNI
6,51,179 (15.00%)
Retail
15,19,419 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
83,51,072 shares
Post-Issue Shareholding
1,26,92,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 70 ₹5,950
HNI / NII 34 2,380 ₹2,02,300
bHNI / bNII 169 11,830 ₹10,05,550
Objects of Issue
3 objectives
1
1 To meet the requirement of margin money for working capital for the New Project.
105.14 Cr
2
2 To Part finance the cost of setting up 15,000 MTPA open die forging unit (with single piece forging up to 40 MT) to manufacture proof machined products viz. stepped shafts, bars & hollows, blocks, flanged shafts, gear blanks, forging items etc at G.I.D.C. Industrial. Estate (at plot no. 1401, 1402 & 1403), Waghodia District Vadodara.
3
3 To meet the pre-operative expenses including Issue expenses.
Lead Managers & Market Maker
Book Running Lead Managers
Arihant Capital Markets Ltd.
IPO Timeline
Open
04 May
✓ Done
Close
09 May
✓ Done
Allotment
TBA
Listing
23 May
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
sanghvi@bigshareonline.com
Company Contact
Email
cs@sanghviforge.com
Phone
+91-2668-263020/262201
Address
Sanghvi Forging & Engineering Ltd 224/6-7 GIDC Industrial Estate, Waghodia Vadodara, Gujarat, 391760
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹85
Est. Listing
₹85
Lot Size
70 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
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For
QIB — 21,70,597 (50.00%) —
NII / HNI (Total) — 6,51,179 (15.00%) —
Retail Investors — 15,19,419 (35.00%) —
Market Maker * 1× — —
Total ** — 43,41,195 (100.00%) —
* Based on ₹85.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
21,70,597 (50.00%)
NII
6,51,179 (15.00%)
Retail
15,19,419 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in Lakhs
Metric31-Dec-1031-Mar-1031-Mar-09
Revenue2932.712889.832952.83
PAT295.39251.82231.70
EBITDA———
Net Worth———
Total Assets———
Reserves———
Borrowings———
Key Financial Ratios
20.95
RONW
Return on Net Worth
About Sanghvi Forging & Engineering Ltd.

Incorporated in 1989, Sanghvi Forging & Engineering Limited (SFEL) is engaged in the business of manufacture and marketing of Stainless Steel Forged and Machined Subtends, Forged Flanges, Forged Fittings and CNC Machined Forged Parts & Automobile Components in India. Company has its own Forge Shop, Die Shop, Heat Treatment Shop, CNC based Machine Shop.

SFEL is a supplier to major projects in sectors like Refineries, Petrochemicals, Fertilizers, Nuclear Power plant, Ship Building, Off shore and Auto mobiles. Company has a wide range of client from different sectors including Shell, IOC, HPCL, BPCL, RIL, L&T and Godrej. Company also exports its product to more than 20 countries.

Company has an operational track record of around 20 years. During FY10, SFEL has reported PAT of Rs.2.61 Cr on total income of Rs.29.22 Cr against PAT of Rs.2.50 Cr on total income of Rs.29.55 Cr in FY09. In 9MFY11, SFEL has earned PAT of Rs.3.09 Cr on total income of Rs.26.89 Cr.

Frequently Asked Questions
What is the issue price of Sanghvi Forging & Engineering Ltd. IPO?
The issue price of Sanghvi Forging & Engineering Ltd. IPO is ₹85 per share, face value ₹10.
What is the lot size?
Minimum lot size is 70 shares, requiring ₹5,950.
What are the IPO dates?
Opens 04 May 2011, closes 09 May 2011.
When is the listing date?
Tentative listing: 23 May 2011 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹85 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Sanghvi Forging & Engineering Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
23 May 2011
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹85
Face ₹10
Lot Size
70
shares / lot
Min Amount
₹5,950
1 lot
Est. Listing
₹85
GMP +₹0
Key Dates
Open
04 May Done
Close
09 May Done
Listing
23 May Done
Registrar
Bigshare Services Pvt.Ltd.
A
Sponsored
₹0 AMC · Apply IPOs via UPI
SEBI Regulated · Digital KYC in 5 min