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Shree Marutinandan Tubes IPO is a book build IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Steel - Tubes And Pipes sector. Swastika Investmart is the merchant banker of Shree Marutinandan Tubes IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 23rd November 2023.
Shree Marutinandan Tubes IPO open date is 12th January 2024 and close date is 16th January 2024. IPO Allotment Date is 17th January 2024 and Listing date is 19th January 2024.Shree Marutinandan Tubes IPO size is Rs 14.30 Cr. crores with IPO price of Rs 143.00 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.
Swastika Investmart Limited is the book-running lead manager of the Shree Marutinandan Tubes IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Swastika Investmart Limited for Shree Marutinandan Tubes IPO.
Shree Marutinandan Tubes IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Shree Marutinandan Tubes IPO, based in Ahmedabad, operates in the Steel - Tubes And Pipes sector with a focus on trading of Galvanized Pipe, Electric Resistance Welding Mild Steel. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Shree Marutinandan Tubes IPO size is ₹ 14.30 Cr. Crores with fresh issue size of Rs 14.30 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Shree Marutinandan Tubes IPO is expected to be 17th January 2024, after the finalization of basis of allotment. Investors can check Shree Marutinandan Tubes IPO allotment status on the registrars website, Bigshare Services Private Limited. Shree Marutinandan Tubes IPO refund dates are 18th January 2024.
Shree Marutinandan Tubes IPO is expected to be listed on 19th January 2024.
The upper price band for the Shree Marutinandan Tubes IPO is set at ₹ 143.00 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 Shree Marutinandan Tubes 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 Shree Marutinandan Tubes 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 16th January 2024. After submission, funds are blocked until the basis of allotment of Shree Marutinandan Tubes IPO is finalised.
The merchant banker for Shree Marutinandan Tubes IPO is Swastika Investmart Limited . Swastika Investmart Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shree Marutinandan Tubes IPO RHP for further details.
The registrar for Shree Marutinandan Tubes IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Shree Marutinandan Tubes IPO through their official website or helpline.
Shree Marutinandan Tubes IPO was subscribed 47.16 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 14.30 Cr.
Avg IPO Size (Sector Based)
:
₹ 17.02 Cr.
Sector: Steel - Tubes And Pipes
SME IPO so far:
9
Merchant Banker:
Swastika Investmart
SME IPO by BRLM so far:
47
City:
Ahmedabad
SME IPO so far:
174
Revenue (annualised):
₹ 85.54 cr.
PE
Ratio:
17.42x
Average Sector PE Ratio: 13.21x
Shree Marutinandan Tubes IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shree Marutinandan Tubes Financial Review Page
Merchant Banker(s) of Shree Marutinandan Tubes IPO: Swastika Investmart Limited
Shree Marutinandan Tubes IPO subscription was 47.16 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.
Shree Marutinandan Tubes IPO listed at a listing price of 210.00 against the offer price of 143.00.
The current market price of Shree Marutinandan Tubes is 78.00.
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