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:-

ParticularsValue
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 :-

ParticularsValue
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 Ended30 Sep 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets2,234.291,617.601,284.831,301.03
Revenue4,284.644,722.584,718.493,597.28
Profit After Tax141.99201.766.0113.30
Net Worth409.70267.7465.9859.98
Reserves and Surplus163.73247.2445.4839.48
Total Borrowing607.28716.90688.89795.31

Key Performance Indicator :-

ParticularsValue
Market Cap (₹ in Crore):-49
ROE:-120.91%
ROCE:-78.52%
Debt/Equity:-2.68
RoNW:-75.36%

IPO Prospectus :-

ParticularsLink
Shree Marutinandan Tubes Limited IPO DHRP:-Click Here
Shree Marutinandan Tubes Limited IPO RHP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
16-01-2024121558.39%
17-01-20241551558.39%
18-01-2024 1716011.89%
19-01-20241716011.89%

Subscription Details :-

DateQIBNIIRetailEmployeeOtherTotal
January 12, 20246.695.18
January 15, 202430.3220.02
January 16, 202459.7147.16

Listing Details :-

ParticularsValue
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

Shree Marutinandan Tubes Limited IPO FAQ :-

What is the opening date for Shree Marutinandan Tubes Limited IPO?

The Shree Marutinandan Tubes Limited IPO opens on January 12, 2024.

What is the closing date for Shree Marutinandan Tubes Limited IPO?

The Shree Marutinandan Tubes Limited IPO closes on January 16, 2024.

When will the shares be allotted for Shree Marutinandan Tubes Limited IPO?

Shares of Shree Marutinandan Tubes Limited IPO will be allotted on January 17, 2024.

What is the listing date for Shree Marutinandan Tubes Limited IPO?

The listing date for Shree Marutinandan Tubes Limited IPO is January 19, 2024.

What is the price/ price range for Shree Marutinandan Tubes Limited IPO?

The price/ price range for Shree Marutinandan Tubes Limited IPO is ₹143.

What is the minimum lot size for the Shree Marutinandan Tubes Limited IPO?

The minimum lot size for Shree Marutinandan Tubes Limited IPO is 1000 shares.

What is the minimum investment required for retail investors in the Shree Marutinandan Tubes Limited IPO?

The minimum investment required for retail investors in the Shree Marutinandan Tubes Limited IPO is ₹1,43,000.

What type of IPO is the Shree Marutinandan Tubes Limited IPO?

The type of Shree Marutinandan Tubes Limited IPO is SME.

What is the total issue size of the Shree Marutinandan Tubes Limited IPO?

The total issue size of Shree Marutinandan Tubes Limited IPO is ₹14.3 Crore.

How many shares are being offered in the Shree Marutinandan Tubes Limited IPO?

Total 10,00,000 shares are being offered in the Shree Marutinandan Tubes Limited IPO.

What is the face value of Shree Marutinandan Tubes Limited IPO share?

The face value of Shree Marutinandan Tubes Limited IPO share is ₹10.

What is the market capitalization of the Shree Marutinandan Tubes Limited IPO?

The market capitalization of the Shree Marutinandan Tubes Limited IPO is ₹49.48 Crore.

Who is the registrar for the Shree Marutinandan Tubes Limited IPO?

The registrar for the Shree Marutinandan Tubes Limited IPO is .

Where can I check the IPO Allotment status for Shree Marutinandan Tubes Limited IPO?

You can check the IPO Allotment status for Shree Marutinandan Tubes Limited IPO at .

What is the email address and website of Shree Marutinandan Tubes Limited IPO?

The email address of Shree Marutinandan Tubes Limited IPO is cs@shreemarutitubes.com and website is https://www.shreemarutitubes.com/index.php.

What is the Shree Marutinandan Tubes Limited IPO GMP (Grey Market Premium) as of 19-01-2024?

The latest GMP for Shree Marutinandan Tubes Limited IPO is ₹17 as of 19-01-2024.