IPO

Supreme Engineering Limited IPO

NSE SME

Offer Date: Aug 24, 2018 - Aug 29, 2018

₹ 216000 /8000 Shares
*Min Investment

24 Aug, 2018

Open Date

29 Aug, 2018

Close Date

04 Sep, 2018

Allotment Date

06 Sep, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 27/- to Rs 32/- Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 65,84,000 Equity Shares of Rs 10/- each at a price of Rs 27/- to Rs 32/- per share aggregating to 21.07 Cr> Fresh Issue of 65,76,000 Equity Shares of Rs 10/- at a price of Rs 27/- to Rs 32/- per share aggregating to Rs 21.05 Cr> Offer for Sale of 8,000 Equity Shares of Rs 10/- at a price of Rs 27/- to Rs 32/- per share aggregating to Rs 0.02 Cr
  • Listing at NSE SME
  • Lead Manager CKP Financial Services Private Limited
  • Registrar Bigshare Services Pvt. Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Supreme Engineering Limited IPO is an SME IPO, priced at Rs 27/- to Rs 32/- 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 Aug 24, 2018 to Aug 29, 2018. The allotment is expected to be finalized on Sep 4, 2018, and the tentative listing date is Sep 6, 2018.


The registrar of the IPO is Bigshare Services Pvt. Ltd , and

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IPO Subscription Analysis And Details
Retail
30.00x
Total
74.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved31,26,00031,26,00062,52,000
Day 1 - 24-08-18
9,88,000 0.32 x3,40,000 0.11 x13,28,000 0.21 x
Day 2 27-08-18
13,12,000 0.42 x8,12,000 0.26 x21,24,000 0.34 x
Day 3 28-08-18
16,80,000 0.54 x13,08,000 0.42 x29,88,000 0.48 x
Day 4 29-08-18
43,88,000 1.40 x30,16,000 0.96 x74,04,000 1.18 x
Valuations
Earnings Per Share (EPS) Rs 1.86/-
P/E Ratio 17.19
RoNW 16.03%
Net Asset Value (NAV) ( post issue ) Rs 15.76/-
IPO - Issue Objectives
1

Part finance the Working Capital requirements.

2

Part repayment of High-Cost Debt.

3

Finance Capital expenditure for the following purpose:(A) Acquisition of Plant & Machinery(B) Up-gradation of existing technology

4

Meet General Corporate Expenses.

5

Meet IPO Issue Expenses.

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Supreme Engineering Limited2.0317.1916.03%152.26
Mishra Dhatu Nigam Limited3.2918.6019%662.09
Bharat Forge Limited6.1834.9517.68%8414.67