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Sharp Chucks & Machines Ltd

Sharp Chucks & Machines Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹58
₹58
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹58
Based on GMP
Min. Investment
₹116,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
29 Sep 2023
Close Date
05 Oct 2023
Allotment
09 Oct 2023
Listing Date
12 Oct 2023
Exchange
NSE SME
Price Band
₹58
Listing Price
See chart
Allotment Status
Price Band
₹58
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
29,04,000 shares (aggregating up to ₹16.84 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹116,000
1 lot
Pre-IPO Holding
97,84,308 shares
Promoters
Post-IPO Holding
1,07,59,792 shares
Promoters
P/E (Pre)
11.2x
 
P/E (Post)
12.31x
 
EPS (Pre)
₹5.18
 
UPI Deadline
2023-10-05
Mandate
Anchor AllotmentThu, 28 Sep 2023
Basis of AllotmentMon, 09 Oct 2023
Refund InitiationTue, 10 Oct 2023
Demat CreditWed, 11 Oct 2023
Listing DayThu, 12 Oct 2023
UPI Mandate Deadline2023-10-05
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public27,56,000 shares (aggregating up to ₹15.98 Cr)
Market Maker Quota1,48,000 shares (aggregating up to ₹0.8584 Cr)
Fresh Issue Shares8,27,484 shares (aggregating up to ₹4.80 Cr)
Offer for Sale19,28,516 shares of ₹10 (aggregating up to ₹11.19 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Sharp Chucks & Machines Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 05 Oct 2023.
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
148,000
₹0.86
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,904,000
100% ₹16.84
IPO Shares Offered
Sharp Chucks & Machines Ltd IPO total issue size: ₹16.84 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 148,000 ₹0.86
5.10%
Total 2,904,000 ₹16.84
100.00%
* Based on upper price band ₹58 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹58.00
Upper Band
Min Investment
₹116,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹232,000
Retail (Max — 13 Lots)1326,000₹1,508,000
S-HNI (Min — 14 Lots)1428,000₹1,624,000
B-HNI (Min — 68 Lots)68136,000₹7,888,000
* Issue Price ₹58 × Lot Size 2,000 shares
IPO Schedule
Anchor
28 Sep 2023
✓ Done
IPO Open
29 Sep 2023
✓ Done
IPO Close
05 Oct 2023
✓ Done
Allotment
09 Oct 2023
✓ Done
Refunds
10 Oct 2023
✓ Done
Demat Credit
11 Oct 2023
✓ Done
Listing Day
12 Oct 2023
✓ Done
Sharp Chucks & Machines Ltd — Live Price LIVE
₹58.00
INR · NSE
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Issue ₹58.00 Live Price
About Sharp Chucks & Machines Ltd
Incorporated in 1994, Sharp Chucks and Machines Limited is engaged in the manufacturing of forging and graded casting machined components of tractors and other automobiles, as well as power chucks, lathe chucks, drill chucks, and other machine tool accessories for tractors, automobiles, material handling & earth moving equipment, railways, defense, machine tools, the DIY industry, and so on.The company's product portfolio includes:Forging products: This includes Gear, Dog Clutch, Scaffolding, C Clamp Spanner, Wrench Axe, Ball Pein Hammer, Cross Pein Hammer, Machinist Hammer, Sledge Hammer, Splitting Maul, Stoning Hammer Hatchet, Combination Spanner, Splitting Axe, Splitting Wedge, Fireman Axe, Michigan Axe, Hunter Axe, Drilling Hammer, Claw Hammer, Camp Axe, Single Bit Axe.Casting products: This includes Brake Housing, Piston Trumpet Housing, Wheel Hub Kit, Rear Cover, Bell Housing, Front Axel Braket, Gear Box, B.P Shaft Carrier, Brake Drum, Front Axel Housing, Lift Arm, Ram Cylinder, Rear Turnion, Planetary Carrier, TP Carrier, Cage, Steering Arm, Lift Housing, PTO Housing, Fly Wheel, Gear Casing, Cylinder Block, Plannet Carrier M Star, Support Front Axle, Plate Input Retainer, Temper Head.Machine components: This includes Power Chucks, Lathe Chucks, Drill Chucks, and Machine Tools Accessories.The company has two manufacturing units located in Jalandhar consisting of three foundries having an installed capacity of 30000 MTPA and Machining facilities consisting of VMC, CNC, and other machinery having an installed capacity of 14400 MTPA, and one forging unit consisting of hammers, billiard heaters, etc. having installed capacity of 3600 MTPA.
Objects of the Issue
1
Funding the working capital requirements; and
2
General corporate purposes
Sharp Chucks & Machines Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹13,583.1
31 Mar 2021
₹15,252.2
31 Mar 2022
₹17,931.5
31 Mar 2023
Profit After Tax (PAT)
₹331.0
31 Mar 2021
₹452.6
31 Mar 2022
₹506.5
31 Mar 2023
Particulars31 Mar 202331 Mar 202231 Mar 2021
Revenue from Operations 17931.45 15252.23 13583.11
EBITDA N/A N/A N/A
Profit After Tax (PAT) 506.50 452.62 330.96
Net Worth 5234.79 4728.29 4275.67
Total Assets 18003.58 18392.09 13397.98
Reserves & Surplus 4256.36 3749.86 3297.24
Borrowings 9034.20 10269.35 6305.37
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
10.17%
RoCE
11.00%
RoNW
9.68%
Debt/Equity
1.73
Issue Structure & Shareholding
Total Shares Offered29,04,000 (100.00%)
Net Offer to Public27,56,000 shares (aggregating up to ₹15.98 Cr)
Reserved for Market Maker1,48,000 shares (aggregating up to ₹0.8584 Cr)
Pre-Issue Promoter Holding97,84,308 shares
Post-Issue Promoter Holding1,07,59,792 shares
P/BV RatioN/A
RoE10.17%
RoCE11.00%
Debt / Equity1.73
Script CodeN/A
Registrar & Lead Managers
IPO Registrar
Skyline Financial Services Pvt.Ltd
Check Allotment
Book Running Lead Managers
Fedex Securities Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Sharp Chucks & Machines Ltd IPO subscribed?

Sharp Chucks & Machines Ltd IPO is subscribed 1.00 times by Oct 05, 2023. 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 Sharp Chucks & Machines Ltd IPO retail subscription status?

The Sharp Chucks & Machines Ltd IPO retail category is subscribed 1.00 times as of 05 Oct 2023. The retail portion is oversubscribed.

How to subscribe Sharp Chucks & Machines Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 29 Sep 2023 and closes 05 Oct 2023. Min investment: ₹116,000 (1 lot = 2,000 shares). UPI mandate: 2023-10-05.

How many times Sharp Chucks & Machines Ltd IPO subscribed?

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

How to check Sharp Chucks & Machines Ltd IPO allotment?

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 09 Oct 2023. Refunds: on 10 Oct 2023.

When Sharp Chucks & Machines Ltd IPO will be listed?

The Sharp Chucks & Machines Ltd IPO listing date is 12 Oct 2023, Thursday. Listed on: NSE SME. Issue price: ₹58. Estimated listing: ₹58. GMP: NIL.

When Sharp Chucks & Machines Ltd IPO close?

The Sharp Chucks & Machines Ltd IPO closes on 05 Oct 2023, Thursday. UPI mandate: 2023-10-05. Allotment: 09 Oct 2023. Listing: 12 Oct 2023.