SM Auto Stamping Limited IPO
BSE SMEListed On: Mar 16, 2020 at ₹ 18
₹ 144000 /8000 Shares
03 Mar, 2020
Open Date05 Mar, 2020
Close Date12 Mar, 2020
Allotment Date16 Mar, 2020
Listing DateIssue Price
Rs 18/- Per Equity ShareFace Value
Rs 10/- Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Private LimitedList Price
18Listing Date
2020-03-16Market Lot
8000 Shares (Rs 1,44,000/-)Lead Manager
Hem Securities LimitedIssue Size
Fresh Issue of 38,40,000 Equity Shares of Rs 10/- at price of Rs 18/- with aggregating up to Rs 6.91 CrRetail Portion
N/ASubscription
timesIPO Docs
No related IPO documents available.
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.
Hem Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Private Limited, and
IPO Subscription Details
| As on | QIB / NII | Retail | |
|---|---|---|---|
| Shares Offered / Reserved | 18,16,000 | 18,24,000 | N/A |
| Day 1 - 03-03-20 | 24,000 0.01 x | 1,76,000 0.1 x | N/A x |
| Day 2 - 04-03-20 | 33,04,000 1.82 x | 2,64,000 0.14 x | N/A x |
| Day 3 - 05-03-20 | 40,24,000 2.22 x | 8,56,000 0.47 x | N/A x |
Valuations
Earnings Per Share (EPS)
Rs 1.85/-P/E Ratio
9.7RoNW
11.37%Net Asset Value ( Post Issue )
Rs 12.71/-Company Financials All values are in ₹ Cr.
- Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Net Worth | |
|---|---|---|---|---|
| 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 |
- Promoter(s)
- Mr. Mukund Narayan Kulkarni
- Mr. Suresh Gunwant Fegde
- Mrs. Alka Mukund Kulkarni
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 - 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. 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 IPO price band is set between Rs 18/- Per Equity Share .
Ans. To apply for SM Auto Stamping Limited IPO 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 allotment status for SM Auto Stamping Limited IPO here.
