IPO

Marshall Machines Limited IPO

NSE SME

Offer Date: Aug 28, 2018 - Aug 30, 2018

₹ 252000 /6000 Shares
*Min Investment

28 Aug, 2018

Open Date

30 Aug, 2018

Close Date

05 Sep, 2018

Allotment Date

07 Sep, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 42/- Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price Fresh Issue of 38,70,000 Equity Shares of Rs 10/- at a price of Rs 42/- per share aggregating to Rs 16.25 Cr
  • Listing at NSE SME
  • Lead Manager Sarthi Capital Advisors Private Limited
  • Registrar Bigshare Services Pvt. Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Marshall Machines Limited IPO is an SME IPO, priced at Rs 42/- Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Aug 28, 2018 to Aug 30, 2018. The allotment is expected to be finalized on Sep 5, 2018, and the tentative listing date is Sep 7, 2018.


The registrar of the IPO is Bigshare Services Pvt. Ltd , and

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IPO Subscription Analysis And Details
Retail
22.00x
Total
82.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved18,36,00018,36,00036,72,000
Day 1 - 28-08-18
16,02,000 0.87 x45,000 0.02 x16,47,000 0.45 x
Day 2 29-08-18
16,83,000 0.92 x4,26,000 0.23 x21,09,000 0.57 x
Day 3 30-08-18
60,72,000 3.31 x22,02,000 1.20 x82,74,000 2.25 x
Valuations
Earnings Per Share (EPS) Rs 3.44/-
P/E Ratio 12.21
RoNW 43.36%
Net Asset Value (NAV) ( post issue ) Rs 23.45/-
IPO - Issue Objectives
1

Capacity Augmentation.

2

Upgradation of existing R&D and IOTQ centres.

3

Establishment of new IOTQ centres.

4

Working Capital Requirements.

5

General Corporate Purpose.

6

Meet IPO Issue Expenses.

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Marshall Machines Limited1.7912.2143.36%59.42
Macpower CNC Machines Limited3.8028.9613.21%107.48
Lokesh Machines Limited0.7120.333.55%182.77