Spectrum Electrical Industries Limited IPO
NSE SME₹ 260000 /4000 Shares
*Min Investment
17 Sep, 2018
Open Date21 Sep, 2018
Close Date27 Sep, 2018
Allotment Date01 Oct, 2018
Listing DateIPO Issue Details
- Issue Price Rs 65/- Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price 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
- Lead Manager Arihant Capital Markets Limited
- Registrar Bigshare Services Private Limited
IPO Details
- Retail Portion N/A
IPO Details
Spectrum Electrical Industries Limited IPO is an SME IPO, priced at Rs 65/- Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Sep 17, 2018 to Sep 21, 2018. The allotment is expected to be finalized on Sep 27, 2018, and the tentative listing date is Oct 1, 2018.
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 | 18,90,000 | 18,90,000 | 37,80,000 |
Day 1 - 17-09-18 | 3,40,000 0.18 x | 38,000 0.02 x | 3,78,000 0.10 x |
Day 2 18-09-18 | 3,86,000 0.20 x | 86,000 0.05 x | 4,72,000 0.12 x |
Day 3 19-09-18 | 4,10,000 0.22 x | 1,20,000 0.06 x | 5,30,000 0.14 x |
Day 4 21-09-18 | 37,56,000 1.99 x | 10,52,000 0.56 x | 48,08,000 1.27 x |
Valuations
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 )
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 |
IPO - FAQs
Ans. Spectrum Electrical Industries Limited IPO is a SME IPO. The issue is priced at Rs 65/- Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Sep 17, 2018, and closes on Sep 21, 2018. Bigshare Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Spectrum Electrical Industries Limited IPO opens on Sep 17, 2018 and closes on Sep 21, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Spectrum Electrical Industries Limited IPO is 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.
Ans. The Spectrum Electrical Industries Limited IPO price band is set between Rs 65/- Per Equity Share .
Ans. To apply for Spectrum Electrical Industries Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Spectrum Electrical Industries 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 Spectrum Electrical Industries Limited IPO is Sep 27, 2018.
Ans. The Spectrum Electrical Industries Limited IPO will be listed on Oct 1, 2018.
Ans. Follow the steps to check the Spectrum Electrical Industries Limited IPO allotment status online.
