Bookbuilding IPO | ₹4,000 Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of SMPP Ltd. on January 29, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
SMPP Ltd. IPO is a Book Build Issue of ₹4,000.00 crores consisting of a fresh issue of shares worth Rs ₹580.00 crores and an offer for sale (OFS) of ₹3,420.00 crores.
The equity shares are proposed to be listed on NSE and BSE. Axis Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to SMPP IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹4,000 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹580 Cr) |
| Offer for Sale | [.] shares of ₹2 (agg. up to ₹3,420 Cr) |
| Share Holding Pre Issue | 60,00,00,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Oct 21, 2024 |
| SEBI/Exchange approval received | Wed, Jan 29, 2025 |
| SEBI approval expired | Thu, Jan 29, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Offer |
| Retail Shares Offered | Not more than 10% of the Net Offer |
| NII Shares Offered | Not more than 15% of the Net Offer |
SMPP Limited is a designer and manufacturer of defence equipment. The company manufactures ammunition components, personal protection products and protection kits for land, air and sea platforms. The company's product portfolio includes Bullet Resistant Jackets, Bullet Resistant Helmets, Bullet Resistant Hard Armor Plates, Bullet Resistant Shields and Combustible Cartridge Cases.
The company cater to the equipment requirements of the armed forces, police, paramilitary and other security forces. The company has been exporting our personal protection products since 2008 and has supplied the products to customers across 23 countries in Europe and Asia between April 1, 2021 and June 30, 2024.
The company's manufacturing facility is at Palwal, Haryana, India (“Palwal Manufacturing Facility”).
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|---|
| Assets | 591.74 | 559.46 | 400.64 | 405.95 | 269.16 |
| Total Income | 148.31 | 536.90 | 55.68 | 367.82 | 376.92 |
| Profit After Tax | 42.59 | 146.53 | 9.21 | 92.61 | 87.74 |
| NET Worth | 511.02 | 468.78 | 331.38 | 321.55 | 228.95 |
| Reserves and Surplus | 471.02 | 428.78 | 331.18 | 321.35 | 228.75 |
| Total Borrowing | 3.61 | 2.26 | |||
| Amount in ₹ Crore | |||||
| KPI | Mar 31, 2024 |
|---|---|
| ROCE | 42.15% |
| RoNW | 31.26% |
| PAT Margin | 28.39% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
SMPP IPO is a main-board IPO of 0 equity shares of the face value of ₹2 aggregating up to ₹4,000 Crores. The issue is priced at To be declared. The minimum order quantity is .
The SMPP IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in SMPP IPO using UPI as a payment gateway. Zerodha customers can apply in SMPP IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SMPP IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SMPP IPO dates are not announced. Please check back again after some time.
SMPP IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in SMPP 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 SMPP IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the SMPP IPO allotment status.
The SMPP IPO listing date is not yet announced. The tentative date of listing is .
