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Home All IPOs Sarthak Metals Ltd. IPO

Sarthak Metals Ltd. IPO

BSE SME Fixed Price IPO Fresh Capital-cum-Offer for Sale Closed
GMP +₹0 +0% Est. Listing ₹30
Issue Price
₹30
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹30
GMP based
Lot Size
4,000
shares / lot
Min Amount
₹120,000
1 lot · 4,000 shares
Opens
10 Mar
Closed
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
10 Mar 2017
Fri Completed
Done
Close Date
17 Mar 2017
Fri Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
27 Mar 2017
Mon Completed
UPI Deadline: 17 Mar 2017
Issue Details
Pricing & Size
Issue Price
₹30 Face ₹10
Lot Size
4,000 shares
Min Investment
₹120,000
Total Issue Size
36,36,000 shares (aggregating up to ₹10.91 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,96,000 (5.39%)
QIB Portion
-
NII / HNI
17,20,000 (47.30%)
Retail
17,20,000 (47.30%)
Employee
-
Net Offer to Public
34,40,000 shares (aggregating up to ₹10.32 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,20,89,750 shares
Post-Issue Shareholding
1,36,89,750 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 4,000 ₹1,20,000
HNI / NII 2 8,000 ₹2,40,000
Objects of Issue
3 objectives
1
To part repayment of existing working capital facility of the Company
4.00 Cr
2
General Corporate Purpose
0.59 Cr
3
Offer Expenses
0.21 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Oneview Corporate Advisors Pvt.Ltd.
Market Maker
Guiness Securities Ltd
IPO Timeline
Open
10 Mar
✓ Done
Close
17 Mar
✓ Done
Allotment
TBA
Listing
27 Mar
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
Ipo@bigshareonline.com
Company Contact
Email
cs@sarthakmetals.com
Phone
+91-788-3290584 /2296495
Address
B.B.C Colony, G.E. Road, Khursipar, Bhilai Bhilai, Chhattisgarh, 490011
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹30
Est. Listing
₹30
Lot Size
4,000 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
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 Amt (Cr)*
QIB — — — —
NII / HNI (Total) — 17,20,000 (47.30%) — —
Retail Investors — 17,20,000 (47.30%) — —
Market Maker * 1× 1,96,000 (5.39%) 1,96,000 (5.39%) ₹5.88 Cr
Total ** — 36,36,000 (100.00%) — —
* Based on ₹30.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
17,20,000 (47.30%)
Retail
17,20,000 (47.30%)
Market Maker
1,96,000 (5.39%)
* 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
Metric30-Sep-1631-Mar-1631-Mar-15
Revenue7396.2512871.7415149.36
PAT246.81366.55287.45
EBITDA———
Net Worth———
Total Assets5500.904898.534717.51
Reserves———
Borrowings———
About Sarthak Metals Ltd.

Incorporated in 1995, Sarthak Metals Ltd is engaged into manufacturing of wide variety of Cored wires, Aluminum Flipping coils, and Industrial Oxygen gas having wide application in various industries including Steel plants, Fabrication units, and foundries. They are also engaged in the business of trading of iron & steel and carbon dioxide gas.

They manufacturers and suppliers of wire feeder machines that are known for drawing wires of 9 mm to 15 mm diameter. Company's major suppliers include Bharat Aluminium Co. Ltd, Bhushan Power & Steel Limited, Sino Metal International Limited etc. They are headquartered at Bhilai, Chhattisgarh and currently have two manufacturing units located at Bhilai and Raipur.

Frequently Asked Questions
What is the issue price of Sarthak Metals Ltd. IPO?
The issue price of Sarthak Metals Ltd. IPO is ₹30 per share, face value ₹10.
What is the lot size?
Minimum lot size is 4,000 shares, requiring ₹120,000.
What are the IPO dates?
Opens 10 Mar 2017, closes 17 Mar 2017.
When is the listing date?
Tentative listing: 27 Mar 2017 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹30 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Sarthak Metals Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
27 Mar 2017
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹30
Face ₹10
Lot Size
4,000
shares / lot
Min Amount
₹120,000
1 lot
Est. Listing
₹30
GMP +₹0
Key Dates
Open
10 Mar Done
Close
17 Mar Done
Listing
27 Mar Done
Registrar
Bigshare Services Pvt.Ltd.
A
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