Marshall Machines Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

28 Aug 2018

Close Date

30 Aug 2018

Allotment

05 Sep 2018

Listing Date

07 Sep 2018

Exchange

NSE SME

Price Band

₹42

Listing Price

See chart

Allotment Status

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Price Band

₹42

Per share

Face Value

₹10 per share

Lot Size

3,000 Shares

per lot

Issue Size

38,70,000 shares (aggregating up to ₹16.25 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹126,000

1 lot

Pre-IPO Holding

1,06,80,000 shares

Promoters

Post-IPO Holding

1,45,50,000 shares

Promoters

UPI Deadline

2018-08-30

Mandate

Anchor AllotmentMon, 27 Aug 2018

Basis of AllotmentWed, 05 Sep 2018

Refund InitiationThu, 06 Sep 2018

Demat CreditThu, 06 Sep 2018

Listing DayFri, 07 Sep 2018

UPI Mandate Deadline2018-08-30

Sale TypeFresh Capital

Net Offer to Public36,72,000 shares (aggregating up to ₹15.42 Cr)

Market Maker Quota1,98,000 shares (aggregating up to ₹0.8316 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Marshall Machines Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 30 Aug 2018.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	198,000	—	₹0.83
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,870,000	100%	₹16.25

IPO Shares Offered

Marshall Machines Ltd. IPO total issue size: ₹16.25 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	198,000	₹0.83	5.12%
Total	3,870,000	₹16.25	100.00%

* Based on upper price band ₹42 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹42.00

Upper Band

Min Investment

₹126,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹252,000
Retail (Max — 13 Lots)	13	39,000	₹1,638,000
S-HNI (Min — 14 Lots)	14	42,000	₹1,764,000
B-HNI (Min — 68 Lots)	68	204,000	₹8,568,000

* Issue Price ₹42 × Lot Size 3,000 shares

IPO Schedule

Anchor

27 Aug 2018

✓ Done

IPO Open

28 Aug 2018

✓ Done

IPO Close

30 Aug 2018

✓ Done

Allotment

05 Sep 2018

✓ Done

Refunds

06 Sep 2018

✓ Done

Demat Credit

06 Sep 2018

✓ Done

Listing Day

07 Sep 2018

✓ Done

₹42.00

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Issue ₹42.00 Live Price

About Marshall Machines Ltd.

Incorporated in 1994, Punjab based Marshall Machines Limited is a company engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment. The company is among first Indian CNC Machine manufacturers.The company manufactures a wide range of CNC Turning Centers including its Patented Double Spindle CNC Turning Centers. It provides complete machining solutions to manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, Bushes, etc. The company's customer list includes GNA, USHA, HERO HONDA, HAVELLS, ROCKMAN, AMTEK AUTO etc.Marshall Machines has an IoTQ and super-optimized machine technology demonstartion center at IMT Gurugram, Haryana. It also has 2 R&D denters in Ludhiana. The centers are focussed on development of super-optimized machines and smart automated machine tool cells.The company has 256 permanent employees on its payroll.

Objects of the Issue

1 Capacity Augmentation

2 Upgradation of existing R & D Unit and IOTQ Center

3 Establishment of new IOTQ Centers

4 Working Capital Requirements

5 General Corporate Purpose

Marshall Machines Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹4,390.7

31-Mar-16

₹5,054.4

31-Mar-17

₹5,942.4

31-Mar-18

Profit After Tax (PAT)

₹41.5

31-Mar-16

₹110.5

31-Mar-17

₹500.3

31-Mar-18

Particulars	31-Mar-18	31-Mar-17	31-Mar-16
Revenue from Operations	5942.43	5054.42	4390.66
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	500.30	110.49	41.53
Net Worth	N/A	N/A	N/A
Total Assets	7964.13	6503.73	5935.76
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered38,70,000 (100.00%)

Net Offer to Public36,72,000 shares (aggregating up to ₹15.42 Cr)

Reserved for Market Maker1,98,000 shares (aggregating up to ₹0.8316 Cr)

Pre-Issue Promoter Holding1,06,80,000 shares

Post-Issue Promoter Holding1,45,50,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Sarthi Capital Advisors Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Marshall Machines Ltd. IPO subscribed? ▲

Marshall Machines Ltd. IPO is subscribed 1.00 times by Aug 30, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Marshall Machines Ltd. IPO retail subscription status? ▼

The Marshall Machines Ltd. IPO retail category is subscribed 1.00 times as of 30 Aug 2018. The retail portion is oversubscribed.

How to subscribe Marshall Machines Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 28 Aug 2018 and closes 30 Aug 2018. Min investment: ₹126,000 (1 lot = 3,000 shares). UPI mandate: 2018-08-30.

How many times Marshall Machines Ltd. IPO subscribed? ▼

The Marshall Machines Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Marshall Machines Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 05 Sep 2018. Refunds: on 06 Sep 2018.

When Marshall Machines Ltd. IPO will be listed? ▼

The Marshall Machines Ltd. IPO listing date is 07 Sep 2018, Friday. Listed on: NSE SME. Issue price: ₹42. Estimated listing: ₹42. GMP: NIL.

When Marshall Machines Ltd. IPO close? ▼

The Marshall Machines Ltd. IPO closes on 30 Aug 2018, Thursday. UPI mandate: 2018-08-30. Allotment: 05 Sep 2018. Listing: 07 Sep 2018.

Quick Actions

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Live Price LIVE

Last Price₹42.00

Change—

Issue Price₹42.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹42

Face Value₹10

Lot Size3,000 Sh

Min. Amount₹126,000

GMPNIL

Est. Listing₹42

Subscribed1.00x

Open Date28 Aug 2018

Close Date30 Aug 2018

Allotment05 Sep 2018

Listing Date07 Sep 2018

ExchangeNSE SME

UPI Deadline2018-08-30