Spectrum Electrical Industries Limited IPO

Spectrum Electrical Industries Limited is an NSE SME IPO is priced at ₹65 per share with an issue size of Fresh Issue of 39,80,000 Equity Shares of Rs 10/- at a price of Rs 65/- per share aggregating to Rs 25.87 Cr. The IPO opens on Sep 17, 2018 and closes on Sep 21, 2018, with a lot size of 2000 shares and a minimum investment of ₹1,30,000.

Spectrum Electrical Industries Limited IPO

NSE SME Listed
₹1,30,000 (2000 Shares)
Minimum Investment
IPO Dates
Sep 17, 2018 – Sep 21, 2018
Price band
₹65 per equity share
Minimum Investment
₹1,30,000
Issue size
Fresh Issue of 39,80,000 Equity Shares of Rs 10/- at a price of Rs 65/- per share aggregating to Rs 25.87 Cr
Lot size
2000
Allotment Date
Sep 27, 2018
Listing
Oct 1, 2018
Listing At
NSE SME

IPO timeline

  1. Sep 17, 2018

    Open Date

    Completed

  2. Sep 21, 2018

    Close Date

    Completed

  3. Sep 27, 2018

    Allotment Date

    Completed

  4. Oct 1, 2018

    Listing Date

    Completed

Spectrum Electrical Industries Limited IPO Essentials

Spectrum Electrical Industries Limited IPO Details

Spectrum Electrical Industries Limited IPO is priced at ₹65 per share with a total issue size of Fresh Issue of 39,80,000 Equity Shares of Rs 10/- at a price of Rs 65/- per share aggregating to Rs 25.87 Cr. The IPO has a lot size of 2000 shares and will be listed on NSE SME.

Issue price
Rs 65/- Per Equity Share 
Lot size
2000 shares
Face value
Rs 10 Per Equity Share 
Issue size
Fresh Issue of 39,80,000 Equity Shares of Rs 10/- at a price of Rs 65/- per share aggregating to Rs 25.87 Cr
Listing at
NSE SME
List price
Listing date
Registrar
Bigshare Services Private Limited
Lead manager
Arihant Capital Markets Limited

Spectrum Electrical Industries Limited IPO Details

  • Retail Portion N/A

Spectrum Electrical Industries Limited IPO Analytics

Spectrum Electrical Industries Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Spectrum Electrical Industries Limited IPO Subscription Status

Spectrum Electrical Industries 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 18,90,000 18,90,000 37,80,000
Day 1 - 17-09-18
3,40,000 (0.18) x 0.02 x 0.10 x
Day 2 18-09-18
3,86,000 (0.20) x 0.05 x 0.12 x
Day 3 19-09-18
4,10,000 (0.22) x 0.06 x 0.14 x
Day 4 21-09-18
37,56,000 (1.99) x 0.56 x 1.27 x

Spectrum Electrical Industries Limited Valuations

Earnings

EPS (Post IPO)
Rs 3.90/-
P/E Ratio
16.65

Returns

RoNW
17.50%

Data sourced from DRHP / RHP • For educational purposes only

Spectrum Electrical Industries Limited Company & Offer Insights

Spectrum Electrical Industries Limited IPO Issue Objectives

To set up a Zinc Plating plant at Umale. ( Rs 7.50 Cr )
To meet long term working capital requirements. ( Rs 10.00 Cr )
General Corporate Purposes. ( Rs 5.87 Cr )
To meet the expenses of the Issue. ( Rs 2.50 Cr )

Spectrum Electrical Industries Limited IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
AKG Exim Limited 1.19 20.13 8.46% 112.35
Agro Tech Foods Limited N/A N/A N/A N/A
AuSom Enterprises Limited N/A N/A N/A N/A

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Spectrum Electrical Industries Limited IPO is a Fixed Priced IPO worth ₹Fresh Issue of 39,80,000 Equity Shares of Rs 10/- at a price of Rs 65/- per share aggregating to Rs 25.87 Cr. The issue price is ₹65 per share (fixed price). The IPO opens on Sep 17, 2018 and closes on Sep 21, 2018. It will be listed on NSE SME Platform. Bigshare Services Private Limited is the registrar.

The issue price of Spectrum Electrical Industries Limited IPO is ₹65 per share (fixed price).

The lot size of Spectrum Electrical Industries Limited IPO is 2000 shares.

The minimum investment for Spectrum Electrical Industries Limited IPO is approximately ₹1,30,000 based on the issue price .

Spectrum Electrical Industries Limited IPO opens on Sep 17, 2018 and closes on Sep 21, 2018.

The allotment date of Spectrum Electrical Industries Limited IPO is Sep 27, 2018.

Spectrum Electrical Industries Limited IPO is expected to be listed on Oct 1, 2018, on NSE SME Platform.

Spectrum Electrical Industries Limited IPO valuation snapshot: P/E 16.65, EPS Rs 3.90/-, P/B N/A, RoNW 17.50%, and market cap N/A.

To apply for Spectrum Electrical Industries 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 Spectrum Electrical Industries 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 Spectrum Electrical Industries Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Spectrum Electrical Industries Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Spectrum Electrical Industries Limited IPO allotment status on IPO Ji for quick and easy access.