Shree Marutinandan Tubes Limited IPO
₹143
1000
47.16
| Open Date: | 12-Jan-2024 |
| Close Date: | 16-Jan-2024 |
| Allotment Date: | 17-Jan-2024 |
| Listing Date: | 19-Jan-2024 |
| Listing Price: | N/A |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹143 Per Equity Share |
| Issue Size: | Total Issue Size 1,000,000 shares (aggregating up to ₹14.30 Cr) : Fresh Issue 1,000,000 shares (aggregating up to ₹14.30 Cr) |
| Market Lot (Min Amount): | Retail - ₹143,000 : HNI - ₹286,000 |
As on | QIB / Nll | Rll | Total |
|---|---|---|---|
| Shares Offered/Reserved | 475,000 | 475,000 | 950,000 |
| Day 1 - 12-01-24 05:00 PM | 3.67x | 6.69x | 5.18x |
| Day 2 - 15-01-24 05:00 PM | 9.71x | 30.32x | 20.02x |
| Day 3 - 16-01-24 05:00 PM | 32.67x | 59.71x | 47.16x |
| Total No. of Application: | 32,457 (Approx.) | ||
| Retail Subscription on the basis of Apps: | 6.83x | ||
| Earning Per Share(EPS) | ₹8.2/- |
| P/E Ratio | 17.44 |
| RoNW | 75.36% |
| Net Asset Value (NAV) - Post Issue: | ₹130.60/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Sep,2023 | 2,234.29 | 4,284.64 | 141.99 |
| 31 Mar,2023 | 1,617.60 | 4,722.58 | 201.76 |
| 31 Mar,2022 | 1,284.83 | 4,718.49 | 6.01 |
| 31 Mar,2021 | 1,301.03 | 3,597.28 | 13.30 |
| Pre Issue Share Holding | 82.00% |
| Post Issue Share Holding | 58.30% |
| 1. Mr. Vikram Shivratan Sharma |
| 2. Mr. Bharat Shivratan Sharma |
| 3. Mrs. Kusumlata Shivratan Sharma |
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- To Meet Incremental Working Capital Requirements
- General Corporate Purpose
- To meet Public Issue Expenses.
Incorporated in 2013, Shree Marutinandan Tubes Limited deals in Galvanized Tubes, Electrical Resistance Welded Mild Steel Tubes (ERW MS) in various specifications and sizes ranging from 15NB to 1000 NB, and Black Tubes and Solar Structural Tubes for sectors like Agriculture, Oil, Solar Energy, Healthcare, Housing, Irrigation, Engineering etc.
The company does not manufacture the equipment itself, but works with Shree Kamdhenu Machinery Private Limited, a contract manufacturing company, to manufacture the products according to the customer's specifications.
The company's product range also includes potato harvesters, grading machines, hoppers, peanut destoners, tube winders, and rotavators.
As of December 25, 2023, the company has 14 employees.
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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Thank you.