IPO

Sharp Chucks And Machines Limited IPO

NSE SME

Listed On: Oct 12, 2023 at ₹ 66.0

₹ 232000 /4000 Shares
*Min Investment

Check Allotment

29 Sep, 2023

Open Date

05 Oct, 2023

Close Date

09 Oct, 2023

Allotment Date

12 Oct, 2023

Listing Date
Sharp Chucks And Machines Limited IPO Issue Details
  • Issue Price ₹58 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 2,904,000 shares(aggregating up to ₹16.84 Cr)
  • Listing at NSE SME
  • List Price 66.0
  • Listing Date 2023-10-12
  • Lead Manager Fedex Securities Pvt Ltd
  • Registrar Skyline Financial Services Private Ltd
Sharp Chucks And Machines Limited IPO Details
  • Retail Portion 50%
Sharp Chucks And Machines Limited IPO Documents
Sharp Chucks And Machines Limited IPO Details


Sharp Chucks And Machines Limited IPO is an SME IPO, priced at ₹58 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.

The IPO bidding window is open from Sep 29, 2023 to Oct 5, 2023. The allotment is expected to be finalized on Oct 9, 2023, and the tentative listing date is Oct 12, 2023.


The registrar of the IPO is Skyline Financial Services Private Ltd, and

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Sharp Chucks And Machines Limited IPO Subscription Analysis And Details
Retail
63.96x
Total
51.28x
As onQIB / NIIRetailTotal
Shares Offered / Reserved1,378,0001,378,0002,756,000
Day 1 29-09-23 06:00 PM
0.22 x1.81 x1.02 x
Day 2 03-10-23 06:00 PM
1.77 x11.97 x6.87 x
Day 3 04-10-23 05:00 PM
3.99 x25.16 x14.58 x
Day 4 05-10-23 05:00 PM
32.92 x63.96 x51.28 x
Sharp Chucks And Machines Limited Valuations
Earnings Per Share (EPS) ₹5.18/-
P/E Ratio 11.2
RoNW 9.68%
Net Asset Value (NAV) - Post Issue ₹N/A/-
Sharp Chucks And Machines Limited Company Financials
In Lakhs
In Lakh
31-Mar-2331-Mar-2231-Mar-21
Assets18,003.5818,392.0913,397.98
Revenue17,931.4515,252.2313,583.11
Profit After Tax506.50452.62330.96
About Sharp Chucks And Machines Limited Company

Sharp Chucks and Machines Limited is engaged in the manufacturing of forging and graded casting machined components of tractors and other automobiles, as well as power chucks, lathe chucks, drill chucks, and other machine tool accessories for tractors, automobiles, material handling & earth moving equipment, railways, defense, machine tools, the DIY industry, and so on.

The company's product portfolio includes:
1. Forging products: This includes Gear, Dog Clutch, Scaffolding, C Clamp Spanner, Wrench Axe, Ball Pein Hammer, Cross Pein Hammer, Machinist Hammer, Sledge Hammer, Splitting Maul, Stoning Hammer Hatchet, Combination Spanner, Splitting Axe, Splitting Wedge, Fireman Axe, Michigan Axe, Hunter Axe, Drilling Hammer, Claw Hammer, Camp Axe, Single Bit Axe.
2. Casting products: This includes Brake Housing, Piston Trumpet Housing, Wheel Hub Kit, Rear Cover, Bell Housing, Front Axel Braket, Gear Box, B.P Shaft Carrier, Brake Drum, Front Axel Housing, Lift Arm, Ram Cylinder, Rear Turnion, Planetary Carrier, TP Carrier, Cage, Steering Arm, Lift Housing, PTO Housing, Fly Wheel, Gear Casing, Cylinder Block, Plannet Carrier M Star, Support Front Axle, Plate Input Retainer, Temper Head.
3. Machine components: This includes Power Chucks, Lathe Chucks, Drill Chucks, and Machine Tools Accessories.

The company has two manufacturing units located in Jalandhar consisting of three foundries having an installed capacity of 30000 MTPA and Machining facilities consisting of VMC, CNC, and other machinery having an installed capacity of 14400 MTPA, and one forging unit consisting of hammers, billiard heaters, etc. having installed capacity of 3600 MTPA.

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Sharp Chucks And Machines Limited - Promoter(s)

Mr. Ajay Sikka

Ms. Gopika Sikka

Pre Issue Share Holding : 80.28%

Post Issue Share Holding : 73.00%

Sharp Chucks And Machines Limited IPO - Issue Objectives
1

Funding of working capital requirements

2

General corporate purposes.