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Supershakti Metaliks IPO is a fixed price issue of ₹60.01 crores. The issue is a combination of fresh issue of 0.08 crore shares aggregating to ₹30.01 crores and offer for sale of 0.08 crore shares aggregating to ₹30.00 crores.
Supershakti Metaliks IPO bidding started from Jul 17, 2018 and ended on Jul 20, 2018. The allotment for Supershakti Metaliks IPO was finalized on Jul 25, 2018. The shares got listed on BSE SME on Jul 30, 2018.
Supershakti Metaliks IPO price is ₹375.00 per share . The lot size for an application is 300. The minimum amount of investment required by an individual investor (retail) is ₹1,12,500 (300 shares). The minimum lot size investment for HNI is 2 lots (600 shares), amounting to ₹2,25,000.
Aryaman Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Aryaman Capital Markets Ltd..
Refer to Supershakti Metaliks IPO RHP for detailed Information.
| IPO Date | July 17, 2018 to July 20, 2018 |
| Listing Date | July 30, 2018 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹375 per share |
| Lot Size | 300 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 16,00,200 shares (aggregating up to ₹60.01 Cr) |
| Reserved for Market Maker | 80,400 shares Aryaman Capital Markets Ltd. (aggregating up to ₹3.02 Cr) |
| Fresh Issue (Ex Market Maker) | 7,19,800 shares (aggregating up to ₹26.99 Cr) |
| Offer for Sale | 8,00,000 shares of ₹10 (aggregating up to ₹30.00 Cr) |
| Net Offered to Public | 15,19,800 shares (aggregating up to ₹56.99 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 49,62,439 shares |
| Share Holding Post Issue | 57,62,639 shares |
Supershakti Metaliks IPO offers total 16,00,200 shares. Out of which 7,59,900 (47.49%) allocated to NII, 7,59,900 (47.49%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 80,400 (5.02%) |
| NII (HNI) Shares Offered | 7,59,900 (47.49%) |
| Retail Shares Offered | 7,59,900 (47.49%) |
| Total Shares Offered | 16,00,200 (100.00%) |
Supershakti Metaliks IPO opens on July 17, 2018, and closes on July 20, 2018.
| IPO Open Date | Tue, Jul 17, 2018 |
| IPO Close Date | Fri, Jul 20, 2018 |
| Tentative Allotment | Wed, Jul 25, 2018 |
| Initiation of Refunds | Thu, Jul 26, 2018 |
| Credit of Shares to Demat | Fri, Jul 27, 2018 |
| Tentative Listing Date | Mon, Jul 30, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Jul 20, 2018 |
Investors can bid for a minimum of 300 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 300 | ₹1,12,500 |
| Retail (Max) | 1 | 300 | ₹1,12,500 |
| HNI (Min) | 2 | 600 | ₹2,25,000 |
Incorporated in 2012, Kolkata based Supershakti Metaliks Limited is a company engaged in the business of providing diversified products of steel. The company forms part of Sai Group which has carved itself into a well-known group and established it's goodwill in the iron and steel manufacturing industry. The company's manufacturing plant is located in Durgapur.
The Company enjoys a wide product range with diverse applications across downstream sectors. It possesses multiple manufacturing processes within the Plant with the ability to address customer orders with shrinking turnaround time. The Company has the widest range of products enabling it to cater to a wide spectrum of applications across the industries and balancing it out from market volatilities.
The company has 376 employees on its payroll.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | ||
| Total Assets | 11,902.75 | 16,699.84 | 16,699.84 | 0.68 | 0.80 | |
| Total Revenue | 36,008.73 | 30,102.41 | 24,566.87 | -- | -- | |
| Profit After Tax | 1,238.08 | 57.84 | 71.85 | (0.12) | (0.12) | |
The Issue comprises of a Fresh Issue and an Offer for Sale by the Promoters.
The Company will not receive any proceeds of the Offer for Sale by the Promoters and Promoter Group Selling
Shareholders.
The objectives of the fresh issue are:
(a) Working Capital Requirements;
(b) Funding expenditure for General Corporate Purposes
[Dilip Davda] <p>With FY 18 earnings, company could do some wonders, but sustainability of the same trends going forward is a major concern. Hence cash surplus, risk savvy investors may consider investment for long term.</p> Read detail review...
| Listing Date | July 30, 2018 |
| BSE Script Code | 541701 |
| NSE Symbol | |
| ISIN | INE00SY01011 |
| Final Issue Price | ₹375 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹375.00 |
| Open | ₹377.10 |
| Low | ₹375.50 |
| High | ₹379.00 |
| Last Trade | ₹376.50 |
Supershakti Metaliks Ltd.
39, Shakespeare Sarani,
3rd Floor,
Kolkata, West Bengal, 700017
Phone: +91 33 2289 2734/35
Email: info@ssml.in
Website: http://www.supershaktimetaliks.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Supershakti Metaliks IPO is a SME IPO of 16,00,200 equity shares of the face value of ₹10 aggregating up to ₹60.01 Crores. The issue is priced at ₹375 per share. The minimum order quantity is 300.
The IPO opens on July 17, 2018, and closes on July 20, 2018.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Supershakti Metaliks IPO using UPI as a payment gateway. Zerodha customers can apply in Supershakti Metaliks IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Supershakti Metaliks IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Supershakti Metaliks IPO opens on July 17, 2018 and closes on July 20, 2018.
Supershakti Metaliks IPO lot size is 300, and the minimum amount required for application is ₹1,12,500.
You can apply in Supershakti Metaliks 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 Supershakti Metaliks IPO will be done on Wednesday, July 25, 2018, and the allotted shares will be credited to your demat account by Friday, July 27, 2018. Check the Supershakti Metaliks IPO allotment status.
The Supershakti Metaliks IPO listing date is on Monday, July 30, 2018.
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