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

Somi Conveyor Beltings Limited IPO (Somi Conveyor Beltings IPO) Details

Somi Conveyor Beltings Limited is an Rubber based company, located in Jodhpur, Somi Conveyor Beltings Limited IPO size was 21.80 Cr. and was issued at 35.00 per share. The share of Somi Conveyor Beltings Limited were listed at 25.90 per share and are currently trading at 194.58 per share.

Type :
Sub Sector : Exporter Of Rubber Conveyor Belts Of All Grades For Material Handling
MainBoard IPO

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

Revenue :
15.48 Cr.

PAT :
1.34 Cr.

Pricing Report

Issue Price :
35.00

Listing Price :
25.90

Current Market Price :
194.58

Issue Price vs CMP :
159.58 (455.94%)

listing Price vs CMP :
168.68 (651.27%)

Performance Report (CAGR* wise)

CAGR : 10.95
-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 Somi Conveyor Beltings

Company Information
Somi Conveyor Beltings Limited was incorporated on June 16, 2000, under the name Omi Conveyor Beltings Limited. Subsequently, the name was changed to Somi Conveyor Beltings Limited (SCBL) effective October 31, 2000, by passing the necessary resolution in terms of the Companies Act, and the same was approved by the Registrar of Companies, Rajasthan. The company is engaged in the manufacturing of conveyor belts, with natural rubber, nylon fabric, and other chemicals as the primary raw materials.

The company's unit is located at RIICO, Sangaria Industrial Area, District Jodhpur, Rajasthan. It commenced commercial production in February 2002 with an initial capacity of 36,000 running meters of conveyor belts per annum, which was gradually increased to 72,000 meters per annum. Over the years, the capacity
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Object of Issue
  • Setting up of new manufacturing unit
  • Purchase of Land and Building for the office premises
  • To meet the working capital requirement
  • To meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges
  • General corporate purposes

Somi Conveyor Beltings MainBoard IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jul, 2008
IPO Size :
21.80 Cr.
PE Multiple :
13.90
Merchant Banker :
Ashika Capital Limited
IPO Registrar:
Mondkar Computers Private Limited

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FAQs

Somi Conveyor Beltings operates in Rubber and Exporter Of Rubber Conveyor Belts Of All Grades For Material Handling. The Issue is listed on MainBoard in Jul, 2008. Somi Conveyor Beltings IPO size was 21.80 Cr. with Issue price of 35.00 .

Merchant Banker(s) of Somi Conveyor Beltings IPO: Ashika Capital Limited

Somi Conveyor Beltings IPO subscription was 0.00 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.

Somi Conveyor Beltings IPO listed at a listing price of 25.90 against the offer price of 35.00.

The current market price of Somi Conveyor Beltings is 194.58.

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