SM Auto Stamping Limited IPO
BSE SMEListed On: Mar 16, 2020 at ₹ 18
₹ 288000 /16000 Shares
*Min Investment
03 Mar, 2020
Open Date05 Mar, 2020
Close Date12 Mar, 2020
Allotment Date16 Mar, 2020
Listing DateIPO Issue Details
- Issue Price Rs 18/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh Issue of 38,40,000 Equity Shares of Rs 10/- at price of Rs 18/- with aggregating up to Rs 6.91 Cr
- Listing at BSE SME
- List Price 18
- Listing Date 2020-03-16
- Lead Manager Hem Securities Limited
- Registrar Bigshare Services Private Limited
IPO Details
- Retail Portion N/A
IPO Details
SM Auto Stamping Limited IPO is an SME IPO, priced at Rs 18/- 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 Mar 3, 2020 to Mar 5, 2020. The allotment is expected to be finalized on Mar 12, 2020, and the tentative listing date is Mar 16, 2020.
The registrar of the IPO is Bigshare Services Private Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 18,16,000 | 18,24,000 | 36,40,000 |
Day 1 - 03-03-20 | 24,000 0.01 x | 1,76,000 0.1 x | 2,00,000 0.05 x |
Day 2 - 04-03-20 | 33,04,000 1.82 x | 2,64,000 0.14 x | 35,68,000 0.98 x |
Day 3 - 05-03-20 | 40,24,000 2.22 x | 8,56,000 0.47 x | 48,80,000 1.34 x |
Valuations
IPO - Issue Objectives
To meet the working capital requirements of the company ( Rs 5.0 Cr )
General Corporate Purposes ( Rs 0.90 Cr )
To meet the Issue Expenses ( Rs 1.01 Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| SM Auto Stamping Limited | 1.42 | 9.7 | 11.37% | 76.30 |
| Omax Autos Limited | 0.25 | 1.67 | 14.81% | 1004.44 |
| Rasandik Engineering Industries (India) Limited | 0.28 | - (12.36) | - (2.24)% | 274.56 |
| Autoline Industries Ltd. | 0.90 | - (4.16) | - (21.62)% | 454.30 |
IPO - FAQs
Ans. SM Auto Stamping Limited IPO is a SME IPO. The issue is priced at Rs 18/- Per Equity Share . The minimum order quantity is 8000 Shares. The IPO opens on Mar 3, 2020, and closes on Mar 5, 2020. Bigshare Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The SM Auto Stamping Limited IPO opens on Mar 3, 2020 and closes on Mar 5, 2020.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of SM Auto Stamping Limited IPO is Fresh Issue of 38,40,000 Equity Shares of Rs 10/- at price of Rs 18/- with aggregating up to Rs 6.91 Cr.
Ans. The SM Auto Stamping Limited IPO price band is set between Rs 18/- Per Equity Share .
Ans. To apply for SM Auto Stamping Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find SM Auto Stamping Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of SM Auto Stamping Limited IPO is Mar 12, 2020.
Ans. The SM Auto Stamping Limited IPO will be listed on Mar 16, 2020.
Ans. Follow the steps to check the SM Auto Stamping Limited IPO allotment status online.
