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

Sharp Chucks and Machineslimited IPO (Sharp Chucks and Machines IPO) Details

Sharp Chucks and Machineslimited is an Automobile - Forging And Casting based company, located in Jalandhar, Sharp Chucks and Machineslimited IPO size was 16.84 Cr. and was issued at 58.00 per share. The share of Sharp Chucks and Machineslimited were listed at 65.05 per share and are currently trading at 112.00 per share.

Type :
Sub Sector :
SME IPO
NSE EMERGE

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

Revenue :
179.31 Cr.

PAT :
5.07 Cr.

Pricing Report

Issue Price :
58.00

Listing Price :
65.05

Current Market Price :
112.00

Issue Price vs CMP :
54 (93.10%)

listing Price vs CMP :
46.95 (72.18%)

Performance Report (CAGR* wise)

CAGR : 65.63
-ve 0 6 9 12+
Above Average

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

About Sharp Chucks and Machines

Company Information
Sharp Chucks and Machines started their manufacturing operations in the year 1994 with their first manufacturing plant set up in Jalandhar. The Company is promoted and managed by their Managing Director and Promoter, Ajay Sikka who has been instrumental in the growth of the Company. They believe they are one of the few integrated companies to have the capability to manufacture forging products, casting products and machined components, that finds its application in a diverse industry, such as tractor, automobiles, material handling & earth moving equipment, railways, defense, machine tools, DIY industry, etc. The Company is engaged in the manufacturing of forging and graded casting machined components of tractors and other automobiles, and are also engaged in power chucks, lathe chucks, drill chucks, and other
machine
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Object of Issue
  • Funding of working capital requirements
  • General Corporate Purposes

Sharp Chucks and Machines SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Oct, 2023
IPO Size :
16.84 Cr.
Market Cap :
62.41 Cr.   
IPO Subscription :
54.20 X     
PE Multiple :
12.31
IPO Registrar:
Skyline Financial Services Private Limited
Anchor Investors:

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FAQs

Sharp Chucks and Machineslimited operates in Automobile - Forging And Casting and . The Issue is listed on NSE EMERGE in Oct, 2023. Sharp Chucks and Machineslimited IPO size was 16.84 Cr. with Issue price of 58.00 .

Sharp Chucks and Machineslimited IPO subscription was 54.20 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.

Sharp Chucks and Machineslimited IPO listed at a listing price of 65.05 against the offer price of 58.00.

The current market price of Sharp Chucks and Machineslimited is 112.00.

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