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Precision Camshafts Ltd.

Precision Camshafts Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹186
₹186
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹186
Based on GMP
Min. Investment
₹14,880
1 lot × 80 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
27 Jan 2016
Close Date
29 Jan 2016
Allotment
04 Feb 2016
Listing Date
08 Feb 2016
Exchange
NSE & BSE
Price Band
₹186
Listing Price
See chart
Allotment Status
Price Band
₹186
Per share
Face Value
₹10 per share
 
Lot Size
80 Shares
per lot
Issue Size
2,20,53,225 shares (aggregating up to ₹410.19 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,880
1 lot
Pre-IPO Holding
8,18,41,600 shares
Promoters
Post-IPO Holding
9,47,44,825 shares
Promoters
UPI Deadline
2016-01-29
Mandate
Anchor AllotmentTue, 26 Jan 2016
Basis of AllotmentThu, 04 Feb 2016
Refund InitiationFri, 05 Feb 2016
Demat CreditFri, 05 Feb 2016
Listing DayMon, 08 Feb 2016
UPI Mandate Deadline2016-01-29
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares1,29,03,225 shares (aggregating up to ₹240.00 Cr)
Offer for Sale91,50,000 shares of ₹10 (aggregating up to ₹170.19 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Precision Camshafts Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 29 Jan 2016.
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)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
22,053,225
100% ₹410.19
IPO Shares Offered
Precision Camshafts Ltd. IPO total issue size: ₹410.19 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 22,053,225 ₹410.19
100.00%
* Based on upper price band ₹186 per share
Lot Size & Investment
Lot Size
80
Shares per Lot
Issue Price
₹186.00
Upper Band
Min Investment
₹14,880
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2160₹29,760
Retail (Max — 13 Lots)131,040₹193,440
S-HNI (Min — 14 Lots)141,120₹208,320
B-HNI (Min — 68 Lots)685,440₹1,011,840
* Issue Price ₹186 × Lot Size 80 shares
IPO Schedule
Anchor
26 Jan 2016
✓ Done
IPO Open
27 Jan 2016
✓ Done
IPO Close
29 Jan 2016
✓ Done
Allotment
04 Feb 2016
✓ Done
Refunds
05 Feb 2016
✓ Done
Demat Credit
05 Feb 2016
✓ Done
Listing Day
08 Feb 2016
✓ Done
Precision Camshafts Ltd. — Live Price LIVE
₹186.00
INR · BSE
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Issue ₹186.00 Live Price
About Precision Camshafts Ltd.
Incorporated in 1992, Precision Camshafts Ltd is world's leading manufacturer and supplier of camshafts, a critical automobile engine component. Company supply over 150 types of camshafts for passenger vehicles, tractors, light commercial vehicles and locomotive engine applications. Company has a manufacturing facilities in Solapur, Maharashtra.Company caters to both international and domestic market. Some of the long term clients includes General Motors, Ford Motors, Hyundai, Maruti Suzuki, Tata Motors and Mahindra and Mahindra.Company has two manufacturing facilities in Solapur, Maharashtra. This includes an export oriented unit and a domestic unit.Precision Camshafts has two joint ventures with Ningbo Shenglong PCL Camshafts Company Limited, for machining of camshafts and PCL Shenglong (Huzhou) Specialised Casting Company Limited, for setting up a foundry in China.What is Camshafts?Camshafts is one of the most critical component required in all automobiles using an internal combustion (IC) engine, which includes 2-wheelers, 3-wheelers, passenger vehicles, commercial vehicles, off roaders and tractors. A camshaft and its associated parts actuate the opening and closing of the piston valves in an IC engine of an automobile. It is one of the critical components of an IC engine and the design of the camshaft impacts the engine's power, efficiency, mileage and emission.Camshafts are designed in such a way so as to open the engine valves at the correct time and to keep them open for the necessary duration for the desired engine performance. The camshaft design, weight, manufacturing process and machining requirement vary across vehicle categories depending on the desired engine characteristics. The camshaft generally lasts the life of the IC engine, although it may be replaced if it affects the engine's performance significantly over time.
Objects of the Issue
1
1 Establishment of a machine shop for ductile iron camshafts at the EOU unit
2
2 General corporate purposes
Precision Camshafts Ltd. Financials (Amount In Crore)
Revenue from Operations
₹365.6
31-Mar-13
₹471.8
31-Mar-14
₹524.9
31-Mar-15
Profit After Tax (PAT)
₹24.9
31-Mar-13
₹14.1
31-Mar-14
₹63.6
31-Mar-15
Particulars31-Mar-1531-Mar-1431-Mar-13
Revenue from Operations 524.92 471.83 365.60
EBITDA N/A N/A N/A
Profit After Tax (PAT) 63.58 14.10 24.86
Net Worth N/A N/A N/A
Total Assets 257.08 195.62 157.32
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoNW
26.68%
Issue Structure & Shareholding
Total Shares Offered2,20,53,225 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding8,18,41,600 shares
Post-Issue Promoter Holding9,47,44,825 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
HDFC Bank Ltd.
IIFL Capital Services Ltd.
SBI Capital Markets Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Precision Camshafts Ltd. IPO subscribed?

Precision Camshafts Ltd. IPO is subscribed 1.00 times by Jan 29, 2016. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Precision Camshafts Ltd. IPO retail subscription status?

The Precision Camshafts Ltd. IPO retail category is subscribed 1.00 times as of 29 Jan 2016. The retail portion is oversubscribed.

How to subscribe Precision Camshafts Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 27 Jan 2016 and closes 29 Jan 2016. Min investment: ₹14,880 (1 lot = 80 shares). UPI mandate: 2016-01-29.

How many times Precision Camshafts Ltd. IPO subscribed?

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

How to check Precision Camshafts Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Feb 2016. Refunds: on 05 Feb 2016.

When Precision Camshafts Ltd. IPO will be listed?

The Precision Camshafts Ltd. IPO listing date is 08 Feb 2016, Monday. Listed on: NSE & BSE. Issue price: ₹186. Estimated listing: ₹186. GMP: NIL.

When Precision Camshafts Ltd. IPO close?

The Precision Camshafts Ltd. IPO closes on 29 Jan 2016, Friday. UPI mandate: 2016-01-29. Allotment: 04 Feb 2016. Listing: 08 Feb 2016.