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Sharp Chucks and Machines limited IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Jalandhar and caters to Automobile - Forging And Casting sector. Khandwala Securities is the merchant banker of Sharp Chucks and Machines limited IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th June 2023.
Sharp Chucks and Machines limited IPO open date is 29th September 2023 and close date is 5th October 2023. IPO Allotment Date is 9th October 2023 and Listing date is 12th October 2023.Sharp Chucks and Machines limited IPO size is Rs 16.84 Cr. crores with IPO price of Rs 58.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Khandwala Securities Limited is the book-running lead manager of the Sharp Chucks and Machines limited IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Sharp Chucks and Machines limited IPO.
Sharp Chucks and Machines limited IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Sharp Chucks and Machines limited IPO, based in Jalandhar, operates in the Automobile - Forging And Casting sector with a focus on manufacture forging products, casting products. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Sharp Chucks and Machines limited IPO size is ₹ 16.84 Cr. Crores with fresh issue size of Rs 16.84 Cr. Crores and Offer for sale being 16.84..
The IPO allotment date for Sharp Chucks and Machines limited IPO is expected to be 9th October 2023, after the finalization of basis of allotment. Investors can check Sharp Chucks and Machines limited IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Sharp Chucks and Machines limited IPO refund dates are 10th October 2023.
Sharp Chucks and Machines limited IPO is expected to be listed on 12th October 2023.
The upper price band for the Sharp Chucks and Machines limited IPO is set at ₹ 58.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Sharp Chucks and Machines limited IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Sharp Chucks and Machines limited IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th October 2023. After submission, funds are blocked until the basis of allotment of Sharp Chucks and Machines limited IPO is finalised.
The merchant banker for Sharp Chucks and Machines limited IPO is Khandwala Securities Limited . Khandwala Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Sharp Chucks and Machines limited IPO RHP for further details.
The registrar for Sharp Chucks and Machines limited IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Sharp Chucks and Machines limited IPO through their official website or helpline.
Sharp Chucks and Machines limited IPO was subscribed 54.20 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 16.84 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.31 Cr.
Sector: Automobile - Forging And Casting
SME IPO so far:
8
Merchant Banker:
Khandwala Securities
SME IPO by BRLM so far:
47
City:
Jalandhar
SME IPO so far:
4
Revenue (annualised):
₹ 176.45 cr.
PE
Ratio:
12.31x
Average Sector PE Ratio: 18.11x
Sharp Chucks and Machines limited IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Sharp Chucks and Machines limited Financial Review Page
Merchant Banker(s) of Sharp Chucks and Machines limited IPO: Khandwala Securities Limited
Sharp Chucks and Machines limited 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 Machines limited IPO listed at a listing price of 65.05 against the offer price of 58.00.
The current market price of Sharp Chucks and Machines limited is 102.20.
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