247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Sanghvi Forging & Engineering Limited IPO (Sanghvi Forging & Engineering IPO) Details

Sanghvi Forging & Engineering Limited is an Automobile - Forging And Casting based company, located in Waghodia, Sanghvi Forging & Engineering Limited IPO size was 36.90 Cr. and was issued at 85.00 per share. The share of Sanghvi Forging & Engineering Limited were listed at 111.75 per share and are currently trading at per share.

Type :
Sub Sector : Forging
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
39.09 Cr.

PAT :
3.93 Cr.

Pricing Report

Issue Price :
85.00

Listing Price :
111.75

Current Market Price :

Issue Price vs CMP :
85 (100.00%)

listing Price vs CMP :
111.75 (100.00%)

Performance Report (CAGR* wise)

CAGR : -100
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Sanghvi Forging & Engineering

Company Information
Sanghvi Forging & Engineering Limited is a manufacturer and exporter of forging products primarily for the non-automotive sector. With an installed capacity of 3,600 MTPA, the company specializes in producing forged flanges and precision machined components, including single-piece forgings up to 4 MT, in both open and closed die forgings. These products are manufactured using carbon steel, alloy steel, and stainless steel, all conforming to international standards.

The company operates from its plant in Vadodara, Gujarat, where its registered office is also located at Plot No. 244/6-7, GIDC Industrial Estate, Waghodia
Object of Issue
  • To Part finance the cost of setting up ,000 MTPA open die forging unit (with single piece forging up to 0 MT to manufacture proof machined products vizstepped shafts, bars & hollows, blocks, flanged shafts, gear blanks, forging items etc at GIDCIndustrialEstate, Waghodia District Vadodara
  • To meet the requirement of margin money for working capital for the New Project
  • To meet the pre-operative expenses including Issue expenses
  • To achieve the benefits of listing on the stock exchanges

Sanghvi Forging & Engineering MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
May, 2011
IPO Size :
36.90 Cr.
IPO Subscription :
1.30 X     
PE Multiple :
10.30
IPO Registrar:
Bigshare Services Private Limited

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Peer Companies Of This Sector

FAQs

Sanghvi Forging & Engineering operates in Automobile - Forging And Casting and Forging. The Issue is listed on MainBoard in May, 2011. Sanghvi Forging & Engineering IPO size was 36.90 Cr. with Issue price of 85.00 .

Merchant Banker(s) of Sanghvi Forging & Engineering IPO: Arihant Capital Markets Limited

Sanghvi Forging & Engineering IPO subscription was 1.30 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Sanghvi Forging & Engineering IPO listed at a listing price of 111.75 against the offer price of 85.00.

The current market price of Sanghvi Forging & Engineering is .

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