Ashoka Metcast Limited IPO
BSE SME₹ 240000 /12000 Shares
*Min Investment
23 Jan, 2017
Open Date25 Jan, 2018
Close Date01 Feb, 2018
Allotment Date05 Feb, 2018
Listing DateIPO Issue Details
- Issue Price Rs 20 Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price 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
- Lead Manager Aryaman Financial Services Limited
- Registrar Bigshare Services Pvt. Ltd
IPO Details
- Retail Portion N/A
IPO Details
Ashoka Metcast Limited IPO is an SME IPO, priced at Rs 20 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jan 23, 2017 to Jan 25, 2018. The allotment is expected to be finalized on Feb 1, 2018, and the tentative listing date is Feb 5, 2018.
The registrar of the IPO is Bigshare Services Pvt. Ltd , and
IPO Subscription Analysis And Details
| 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 | 6,00,000 0.21 x | 18,06,000 0.32 x |
Day 2 24-01-18 | 12,78,000 0.45 x | 21,54,000 0.76 x | 34,32,000 0.60 x |
Day 3 25-01-18 | 14,40,000 0.51 x | 74,82,000 2.63 x | 89,22,000 1.57 x |
Valuations
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
IPO - FAQs
Ans. Ashoka Metcast Limited IPO is a SME IPO. The issue is priced at Rs 20 Per Equity Share . The minimum order quantity is 6000 Shares. The IPO opens on Jan 23, 2017, and closes on Jan 25, 2018. Bigshare Services Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Ashoka Metcast Limited IPO opens on Jan 23, 2017 and closes on Jan 25, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Ashoka Metcast Limited IPO is Fresh Issue of 60,00,000 Equity Shares of Rs 10/- each at a price of 20/- per share aggregating to 12 Cr.
Ans. The Ashoka Metcast Limited IPO price band is set between Rs 20 Per Equity Share .
Ans. To apply for Ashoka Metcast Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Ashoka Metcast Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Ashoka Metcast Limited IPO is Feb 1, 2018.
Ans. The Ashoka Metcast Limited IPO will be listed on Feb 5, 2018.
Ans. Follow the steps to check the Ashoka Metcast Limited IPO allotment status online.
