Fixed Price IPO | ₹15 Cr | Listed at BSE | Wed, May 18, 2005 - Tue, May 24, 2005
Shree Ganesh Forgings IPO is a fixed issue price of ₹15.00 crores. The issue is entirely a fresh issue of 0.50 crore shares of ₹15.00 crore.
Shree Ganesh Forgings IPO bidding started from May 18, 2005 and ended on May 24, 2005. The shares got listed on the BSE on Jun 22, 2005.
Shree Ganesh Forgings IPO is set final issue price at ₹30 per share.
Keynote Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Shree Ganesh Forgings IPO DRHP for detailed Information.
IPO Open
Wed, May 18, 2005
IPO Close
Tue, May 24, 2005
Issue Price
₹30 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 18 to 24 May, 2005 |
| Listed on | Wed, Jun 22, 2005 |
| Face Value | ₹10 per share |
| Issue Price | ₹30 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE |
| Total Issue Size | 50,00,000 shares (agg. up to ₹15 Cr) |
| Fresh Issue | 50,00,000 shares (agg. up to ₹15 Cr) |
| Share Holding Pre Issue | 75,00,000 shares |
| Share Holding Post Issue | 1,25,00,000 shares |
| BSE Script Code | 532643 |
| ISIN | INE883G01018 |
Shree Ganesh Forgings IPO comprises a total issue size of 50,00,000 shares. The net offer to the public is 37,50,000 shares, after excluding 12,50,000 shares under a preferential allotment. Of the Net offer 18,75,000 (50.00%) allocated to NII 18,75,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 18,75,000 | 50.00% | 37.50% |
| Retail Shares Offered | 18,75,000 | 50.00% | 37.50% |
| Preferential Reservations | |||
| Other Shares Offered | 12,50,000 | 25.00% | |
| Total Shares Offered | 50,00,000 | 100.00% | 100.00% |
Shree Ganesh Forgings Limited is a manufacturing company. The company operates in the industrial manufacturing sector and is engaged in the production of forging products and engineering components. Over the years, it has established its presence in supplying forged products used across various industries.
The company manufactures and exports a wide range of forged products, including stainless steel, alloy steel, duplex steel, and carbon steel components. These products are typically used in industries such as engineering, automotive, and industrial machinery. With its focus on quality and specialized materials, the company caters to both domestic and international markets.
Shree Ganesh Forgings Limited has evolved over time, including a change in its earlier name from Shree Ganesh Fibres Limited, reflecting its transition into the forging and manufacturing segment. With decades of experience, the company continues to operate as a public limited entity, focusing on industrial production and export-oriented growth within the forging industry.
| Period Ended | 31 Dec 2004 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 31.26 | 24.55 | 23.58 |
| Total Income | 44.19 | 45.59 | 34.02 |
| Profit After Tax | 2.23 | 1.25 | 0.79 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Construction of Additional Factory Building | 19.79 |
| 2 | Purchase & Installation of CNC Machineries | 68.37 |
| 3 | Purchase & Installation of 5 Ton MPM hammers | 56.30 |
| 4 | Purchase & Installation of Press | 120.00 |
| 5 | Additional working capital | 46.73 |
| 6 | Issue Expenses | 9.00 |
| 7 | Contingencies | 4.81 |
| Total | 325.00 |
The Shree Ganesh Forgings IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 19.16 | 50,00,000 | 9,58,18,060 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to Intermediaries | 0.10 |
| 2 | SEBI Fees | 0.00 |
| 3 | ROC Fee (Increased in Authorised Capital) | 0.07 |
| 4 | Brokerage | 0.23 |
| 5 | Advertising and Marketing expenses | 0.20 |
| 6 | Printing and Stationary | 0.09 |
| 7 | Despatch | 0.15 |
| 8 | Connectivity and other charges | 0.06 |
| Total | 0.90 |
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹43.00 |
| Low | ₹42.10 |
| High | ₹57.00 |
| Last Trade | ₹43.70 |
Lead Manager Reports
Shree Ganesh Forgings IPO is a main-board IPO of 50,00,000 equity shares of the face value of ₹10 aggregating up to ₹15 Crores. The issue is priced at ₹30 per share. The minimum order quantity is .
The IPO opens on Wed, May 18, 2005, and closes on Tue, May 24, 2005.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in Shree Ganesh Forgings IPO using UPI as a payment gateway. Zerodha customers can apply in Shree Ganesh Forgings IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shree Ganesh Forgings IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shree Ganesh Forgings IPO opens on Wed, May 18, 2005 and closes on Tue, May 24, 2005.
Shree Ganesh Forgings IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Shree Ganesh Forgings IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Shree Ganesh Forgings IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Shree Ganesh Forgings IPO allotment status.
The Shree Ganesh Forgings IPO listing date is on Wed, Jun 22, 2005.
