Ashoka Metcast Limited IPO
Ashoka Metcast Limited is a BSE SME IPO is priced at ₹20 per share with an issue size of Fresh Issue of 60,00,000 Equity Shares of Rs 10/- each at a price of 20/- per share aggregating to 12 Cr. The IPO opens on Jan 23, 2017 and closes on Jan 25, 2018, with a lot size of 6000 shares and a minimum investment of ₹1,20,000.
Ashoka Metcast Limited IPO
- IPO Dates
- Jan 23, 2017 – Jan 25, 2018
- Price band
- ₹20 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- Fresh Issue of 60,00,000 Equity Shares of Rs 10/- each at a price of 20/- per share aggregating to 12 Cr
- Lot size
- 6000
- Allotment Date
- Feb 1, 2018
- Listing
- Feb 5, 2018
- Listing At
- BSE SME
IPO timeline
-
Jan 23, 2017
Open Date
Completed
-
Jan 25, 2018
Close Date
Completed
-
Feb 1, 2018
Allotment Date
Completed
-
Feb 5, 2018
Listing Date
Completed
Ashoka Metcast Limited IPO Essentials
Ashoka Metcast Limited IPO Details
Ashoka Metcast Limited IPO is priced at ₹20 per share with a total issue size of Fresh Issue of 60,00,000 Equity Shares of Rs 10/- each at a price of 20/- per share aggregating to 12 Cr. The IPO has a lot size of 6000 shares and will be listed on BSE SME.
- Issue price
- Rs 20 Per Equity Share
- Lot size
- 6000 shares
- Face value
- Rs 10 Per Equity Share
- Issue size
- Fresh Issue of 60,00,000 Equity Shares of Rs 10/- each at a price of 20/- per share aggregating to 12 Cr
- Listing at
- BSE SME
- List price
- Listing date
- Registrar
- Bigshare Services Pvt. Ltd
- Lead manager
-
Aryaman Financial Services Limited
Ashoka Metcast Limited IPO Details
- Retail Portion N/A
Ashoka Metcast Limited IPO Analytics
Ashoka Metcast Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Ashoka Metcast Limited IPO Subscription Status
Ashoka Metcast Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 28,44,000 | 28,44,000 | 56,88,000 |
|
Day 1
23-01-18
|
12,06,000 (0.42) x | 0.21 x | 0.32 x |
|
Day 2
24-01-18
|
12,78,000 (0.45) x | 0.76 x | 0.60 x |
|
Day 3
25-01-18
|
14,40,000 (0.51) x | 2.63 x | 1.57 x |
Ashoka Metcast Limited Valuations
Earnings
- EPS (Post IPO)
- Rs 0.75
- P/E Ratio
- 26
Returns
- RoNW
- 0.86%
Ashoka Metcast Limited Company & Offer Insights
Ashoka Metcast Limited IPO Issue Objectives
- •
- Investment in subsidiary company – SGRMPL for funding capital expenditure requirements in relation to revival and modernisation of existing manufacturing facility at Kadi, Gujarat and working capital requirements
- •
- Repayment of loans
- •
- Funding expenditure for General Corporate Purposes
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Ashoka Metcast Limited IPO is a Fixed Priced IPO worth ₹Fresh Issue of 60,00,000 Equity Shares of Rs 10/- each at a price of 20/- per share aggregating to 12 Cr. The issue price is ₹20 per share (fixed price). The IPO opens on Jan 23, 2017 and closes on Jan 25, 2018. It will be listed on BSE SME Platform. Bigshare Services Pvt. Ltd is the registrar.
The issue price of Ashoka Metcast Limited IPO is ₹20 per share (fixed price).
The lot size of Ashoka Metcast Limited IPO is 6000 shares.
The minimum investment for Ashoka Metcast Limited IPO is approximately ₹1,20,000 based on the issue price .
Ashoka Metcast Limited IPO opens on Jan 23, 2017 and closes on Jan 25, 2018.
The allotment date of Ashoka Metcast Limited IPO is Feb 1, 2018.
Ashoka Metcast Limited IPO is expected to be listed on Feb 5, 2018, on BSE SME Platform.
Ashoka Metcast Limited IPO valuation snapshot: P/E 26, EPS Rs 0.75, P/B N/A, RoNW 0.86%, and market cap N/A.
To apply for Ashoka Metcast Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Ashoka Metcast Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Ashoka Metcast Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Ashoka Metcast Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Ashoka Metcast Limited IPO allotment status on IPO Ji for quick and easy access.