IPO

Sheetal Cool Products Ltd IPO

BSE SME

Offer Date: Oct 16, 2017 - Oct 18, 2017

₹ 256000 /3200 Shares
*Min Investment

16 Oct, 2017

Open Date

18 Oct, 2017

Close Date

27 Oct, 2017

Allotment Date

30 Oct, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 80 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 30,00,000 Equity Shares of Rs 10 each at a price of Rs 80 per equity share aggregating Rs 24.00 Cr
  • Listing at BSE SME
  • Lead Manager GUINESS CORPORATE ADVISORS PRIVATE LIMITED
  • Registrar Karvy Computershare Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


Sheetal Cool Products Ltd IPO is an SME IPO, priced at Rs 80 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 Oct 16, 2017 to Oct 18, 2017. The allotment is expected to be finalized on Oct 27, 2017, and the tentative listing date is Oct 30, 2017.


The registrar of the IPO is Karvy Computershare Private Limited, and

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IPO Subscription Analysis And Details
Retail
2.00x
Total
9.00x
As on QIB / NII Retail Total
Shares Offered / Reserved 14,16,000 14,16,000 28,32,000
Day 1 16-10-17
0.56 x 0.48 x 0.52 x
Day 2 17-10-17
1.54 x 2.26 x 1.90 x
Day 3 18-10-17
49.38 x 17.11  x 33.25 x
Valuations
Earnings Per Share (EPS) Rs 1.96
P/E Ratio 40.81
RoNW 25.15%
Net Asset Value (NAV) Rs 16.37
IPO - Issue Objectives
1

To purchase additional plant & machineries at the existing manufacturing facility at Amreli, Gujarat.

2

Funding of working capital requirements of the Company

3

General Corporate Expenses

4

Issue Expenses