Sharp Chucks And Machines Limited IPO
Sharp Chucks And Machines Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹58 per share. The stock debuted at ₹66, delivering a listing gain of 13.8%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,16,000.
Sharp Chucks And Machines Limited IPO
- IPO Dates
- Sep 29, 2023 – Oct 5, 2023
- Price band
- ₹58 per equity share
- Minimum Investment
- ₹1,16,000
- Issue size
- 2,904,000 shares(aggregating up to ₹16.84 Cr)
- Lot size
- 2000
- Allotment Date
- Oct 9, 2023
- Listing
- Oct 12, 2023
- Listing At
- NSE SME
IPO timeline
-
Sep 29, 2023
Open Date
Completed
-
Oct 5, 2023
Close Date
Completed
-
Oct 9, 2023
Allotment Date
Completed
-
Oct 12, 2023
Listing Date
Completed
Sharp Chucks And Machines Limited IPO Essentials
Sharp Chucks And Machines Limited IPO Details
Sharp Chucks And Machines Limited IPO is priced at ₹58 per share with a total issue size of 2,904,000 shares(aggregating up to ₹16.84 Cr). The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹58 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,904,000 shares(aggregating up to ₹16.84 Cr)
- Listing at
- NSE SME
- List price
- 66.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Fedex Securities Pvt Ltd
Sharp Chucks And Machines Limited IPO Details
- Retail Portion 50%
Sharp Chucks And Machines Limited IPO Documents
Sharp Chucks And Machines Limited IPO Analytics
Sharp Chucks And Machines Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Sharp Chucks And Machines Limited IPO Subscription Status
Sharp Chucks And Machines 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 | 1,378,000 | 1,378,000 | 2,756,000 |
|
Day 1
29-09-23 06:00 PM
|
(0.22) x | 1.81 x | 1.02 x |
|
Day 2
03-10-23 06:00 PM
|
(1.77) x | 11.97 x | 6.87 x |
|
Day 3
04-10-23 05:00 PM
|
(3.99) x | 25.16 x | 14.58 x |
|
Day 4
05-10-23 05:00 PM
|
(32.92) x | 63.96 x | 51.28 x |
Sharp Chucks And Machines Limited Valuations
Earnings
- EPS (Post IPO)
- ₹5.18/-
- P/E Ratio
- 11.2
Returns
- RoNW
- 9.68%
Sharp Chucks And Machines Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 18,003.58 | 18,392.09 | 13,397.98 |
| Revenue | 17,931.45 | 15,252.23 | 13,583.11 |
| Profit After Tax | 506.50 | 452.62 | 330.96 |
Sharp Chucks And Machines Limited Company & Offer Insights
About Sharp Chucks And Machines Limited
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.
Sharp Chucks And Machines Limited Promoter(s)
Mr. Ajay Sikka, Ms. Gopika Sikka are the company's promoters of Sharp Chucks And Machines Limited.
Sharp Chucks And Machines Limited IPO Issue Objectives
- •
- Funding of working capital requirements
- •
- General corporate purposes.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Sharp Chucks And Machines Limited IPO is a Fixed Priced IPO worth ₹2,904,000 shares(aggregating up to ₹16.84 Cr). The issue price is ₹58 per share (fixed price). The IPO opens on Sep 29, 2023 and closes on Oct 5, 2023. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The issue price of Sharp Chucks And Machines Limited IPO is ₹58 per share (fixed price).
The lot size of Sharp Chucks And Machines Limited IPO is 2000 shares.
The minimum investment for Sharp Chucks And Machines Limited IPO is approximately ₹1,16,000 based on the issue price .
Sharp Chucks And Machines Limited IPO opens on Sep 29, 2023 and closes on Oct 5, 2023.
The allotment date of Sharp Chucks And Machines Limited IPO is Oct 9, 2023.
Sharp Chucks And Machines Limited IPO is expected to be listed on Oct 12, 2023, on NSE SME Platform.
Sharp Chucks And Machines Limited IPO valuation snapshot: P/E 11.2, EPS ₹5.18/-, P/B N/A, RoNW 9.68%, and market cap N/A.
To apply for Sharp Chucks And Machines 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 Sharp Chucks And Machines 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 Sharp Chucks And Machines Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Sharp Chucks And Machines Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sharp Chucks And Machines Limited IPO allotment status on IPO Ji for quick and easy access.