Fixed Price IPO | ₹60 Cr | Listed at BSE SME | Tue, Jul 17, 2018 - Fri, Jul 20, 2018
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Tue, Jul 17, 2018
IPO Close
Fri, Jul 20, 2018
Issue Price
₹375 per share
Market Cap (Pre-IPO)
₹216.10 Cr
| IPO Date | 17 to 20 Jul, 2018 |
| Listed on | Mon, Jul 30, 2018 |
| Face Value | ₹10 per share |
| Issue Price | ₹375 per share |
| Lot Size | 300 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 16,00,200 shares (agg. up to ₹60 Cr) |
| Reserved for Market Maker | 80,400 shares Aryaman Capital Markets Ltd. (agg. up to ₹3 Cr) |
| Fresh Issue (Ex Market Maker) | 7,19,800 shares (agg. up to ₹27 Cr) |
| Offer for Sale | 8,00,000 shares of ₹10 (agg. up to ₹30 Cr) |
| Net Offered to Public | 15,19,800 shares (agg. up to ₹57 Cr) |
| Share Holding Pre Issue | 49,62,439 shares |
| Share Holding Post Issue | 57,62,639 shares |
| BSE Script Code | 541701 |
| ISIN | INE00SY01011 |
Supershakti Metaliks IPO comprises a total issue size of 16,00,200 shares. The net offer to the public is 15,19,800 shares, after excluding 80,400 shares allotted on a firm basis. Of the Net offer 7,59,900 (50.00%) allocated to NII 7,59,900 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 7,59,900 | 50.00% | 47.49% |
| Retail Shares Offered | 7,59,900 | 50.00% | 47.49% |
| Firm Reservations | |||
| Market Maker Shares Offered | 80,400 | 5.02% | |
| Total Shares Offered | 16,00,200 | 100.00% | 100.00% |
Investors can bid for a minimum of 300 shares and in multiples thereof.
| 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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 23.20 |
| 2 | Funding expenditure for General Corporate Purposes | 6.34 |
The Supershakti Metaliks IPO is subscribed 1.14 times on July 20, 2018 6:30:02 PM (Day 4). The public issue subscribed 0.42 times in the retail category, [.] times in the QIB category, and 1.87 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.87 | 7,59,900 | 14,22,600 |
| Retail | 0.42 | 7,59,900 | 3,15,600 |
| Total | 1.14 | 15,19,800 | 17,38,200 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including fees and payment to other intermediaries such as Legal Advisors, Registrars, Stock Exchanges, and other out of pocket expenses. | 0.41 |
| 2 | Brokerage and Selling Commission, Underwriting Commission, RTAs and CDPs | 0.30 |
| 3 | Advertisement, Printing & Stationery, Marketing Expenses, etc. | 0.04 |
| 4 | Market Regulatory & Other Expenses | 0.07 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹375.00 |
| Open | ₹377.10 |
| Low | ₹375.50 |
| High | ₹379.00 |
| Last Trade | ₹376.50 |
Lead Manager Reports
Supershakti Metaliks IPO is a SME IPO of 16,00,200 equity shares of the face value of ₹10 aggregating up to ₹60 Crores. The issue is priced at ₹375 per share. The minimum order quantity is 300.
The IPO opens on Tue, Jul 17, 2018, and closes on Fri, Jul 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 Tue, Jul 17, 2018 and closes on Fri, Jul 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 Fri, Jul 27, 2018. Check the Supershakti Metaliks IPO allotment status.
The Supershakti Metaliks IPO listing date is on Mon, Jul 30, 2018.
