Shree Marutinandan Tubes Limited IPO
Shree Marutinandan Tubes Limited IPO bidding starts from January 12, 2024 and ends on January 16, 2024. The allotment for the Shree Marutinandan Tubes Limited IPO is expected to be finalized on January 17, 2024. Shree Marutinandan Tubes Limited IPO will list on BSE SME with tentative listing date fixed as January 19, 2024. Shree Marutinandan Tubes Limited IPO price band is set at ₹143 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹1,43,000.
Important Dates:-
Particulars | Value |
---|---|
Open Date:- | January 12, 2024 |
Close Date:- | January 16, 2024 |
Allotment Date:- | January 17, 2024 |
Listing Date:- | January 19, 2024 |
About Shree Marutinandan Tubes Limited :-
Established in 2013, Shree Marutinandan Tubes Limited specializes in the trade of Galvanized Tubes, Electrical Resistance Welded Mild Steel Tubes (ERW MS) with specifications and sizes ranging from 15NB to 1000 NB, and Black Tubes and Solar Structural Tubes. These products cater to various sectors such as Agriculture, Oil, Solar Energy, Healthcare, Housing, Irrigation, and Engineering.
Rather than manufacturing the equipment itself, Shree Marutinandan Tubes Limited collaborates with Shree Kamdhenu Machinery Private Limited, a contract manufacturing company, to produce products tailored to customer specifications.
The company's diverse product range encompasses potato harvesters, grading machines, hoppers, peanut destoners, tube winders, and rotavators.
As of December 25, 2023, Shree Marutinandan Tubes Limited sustains a workforce of 14 employees.
Contact Details :-
Address:- Shree Marutinandan Tubes Limited A-21, Second Floor, Amrapali Complex, S.P Ring Road, Bopal, Ahmedabad – 380058
Phone:- +91 079-29795873
E-mail:- cs@shreemarutitubes.com
Website:- https://www.shreemarutitubes.com/index.php
IPO Details :-
Particulars | Value |
---|---|
IPO Type:- | SME |
Price:- | ₹143 |
Lot Size:- | 1000 |
Minimum Amount for 1 Lot:- | ₹1,43,000 |
Listing At:- | BSE SME |
Total issue of Shares:- | 10,00,000 |
Total issue Size:- | ₹14.3 Crore |
Fresh issue of Shares:- | 10,00,000 |
Fresh issue Size:- | ₹14.3 Crore |
Face Value:- | ₹10 per Equity Share |
Financial Information :-
Amount in ₹ Lakh
Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
---|---|---|---|---|
Assets | 2,234.29 | 1,617.60 | 1,284.83 | 1,301.03 |
Revenue | 4,284.64 | 4,722.58 | 4,718.49 | 3,597.28 |
Profit After Tax | 141.99 | 201.76 | 6.01 | 13.30 |
Net Worth | 409.70 | 267.74 | 65.98 | 59.98 |
Reserves and Surplus | 163.73 | 247.24 | 45.48 | 39.48 |
Total Borrowing | 607.28 | 716.90 | 688.89 | 795.31 |
Key Performance Indicator :-
Particulars | Value |
---|---|
Market Cap (₹ in Crore):- | 49 |
ROE:- | 120.91% |
ROCE:- | 78.52% |
Debt/Equity:- | 2.68 |
RoNW:- | 75.36% |
IPO Prospectus :-
Particulars | Link |
---|---|
Shree Marutinandan Tubes Limited IPO DHRP:- | Click Here |
Shree Marutinandan Tubes Limited IPO RHP:- | Click Here |
GMP :-
GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
---|---|---|---|
16-01-2024 | ₹12 | ₹155 | 8.39% |
17-01-2024 | ₹155 | ₹155 | 8.39% |
18-01-2024 | ₹17 | ₹160 | 11.89% |
19-01-2024 | ₹17 | ₹160 | 11.89% |
Subscription Details :-
Date | Retail | Other | Total |
---|---|---|---|
January 12, 2024 | 6.69 | 3.67 | 5.18 |
January 15, 2024 | 30.32 | 9.71 | 20.02 |
January 16, 2024 | 59.71 | 32.67 | 47.16 |
Listing Details :-
Particulars | Value |
---|---|
Listing Date:- | January 19, 2024 |
BSE Script Code:- | 544083 |
ISIN:- | INE0QIS01011 |
Final Issue Price:- | ₹143.00 |
Open:- | ₹200.00 |
Low:- | ₹200.00 |
High:- | ₹210.00 |
Close:- | ₹210.00 |
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