IPO

Sandhar Technologies Limited IPO

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Offer Date: Mar 19, 2018 - Mar 21, 2018

₹ 14940 /45 Shares

19 Mar, 2018

Open Date

21 Mar, 2018

Close Date

26 Mar, 2018

Allotment Date

02 Apr, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 327 - Rs 332 per Equity Share
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 1,54,36,145 (Approx.)  Equity Shares of Rs 10 with aggregating up to Rs 512.48 Cr# Fresh Issue of 90,36,145 (Approx.) Equity Shares of Rs 10 aggregating up to Rs 300 Cr # Offer for Sale of 64,00,000 Equity Shares of Rs 10 aggregating up to Rs 212.48 Cr
  • Listing at NSE, BSE ( B - Group )
  • Lead Manager Axis Capital Limited and ICICI Securities Limited
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion N/A
IPO Details


The IPO of is priced at ₹327 - 332 per equity share, which has a face value of Rs 10 Per Equity Share  each, IPO bidding starts from Mar 19, 2018 and ends on Mar 21, 2018. The allotment for IPO will be finalized on Mar 26, 2018. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Apr 2, 2018. The company shall list its equity shares on the NSE, BSE ( B - Group ). Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Axis Capital Limited and ICICI Securities Limited.


The IPO sets its price band at 327 - 332 for each share. A single application for Sandhar Technologies Limited IPO must contain at least 45 shares.

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IPO Subscription Analysis And Details
As on QIB NII Retail Total
Shares Offered / Reserved 30,85,505 23,36,147 54,51,009 1,08,72,661
Day 1 19-03-18
0.00 x 0.01 0.09 x 0.05 x
Day 2 20-03-18
0.89 x 0.07 0.27 x 0.40 x
Day 3 21-03-18
14.50 x 6.39 1.31 x 6.14 x
Day 4 21-03-18
N/A x N/A x N/A x
Valuations
Earnings Per Share (EPS) Rs 6.51
P/E Ratio 51
RoNW 12.71%
Net Asset Value (NAV) - As on 30.09.17 Rs 64.65
IPO - Issue Objectives
1

Offer for SaleCompany will not receive any proceeds from the Offer for Sale.

2

Fresh Issue(a) Repayment or prepayment in full, or in part of certain loans availed by the Company(b) General corporate purposes