Sprayking Agro Equipment Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

31 Aug 2016

Close Date

02 Sep 2016

Allotment

08 Sep 2016

Listing Date

14 Sep 2016

Exchange

BSE SME

Price Band

₹21

Listing Price

See chart

Allotment Status

Check registrar

Price Band

₹21

Per share

Face Value

₹10 per share

Lot Size

6,000 Shares

per lot

Issue Size

8,88,000 shares (aggregating up to ₹1.86 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹126,000

1 lot

Pre-IPO Holding

22,84,769 shares

Promoters

Post-IPO Holding

31,72,769 shares

Promoters

UPI Deadline

2016-09-02

Mandate

Anchor AllotmentTue, 30 Aug 2016

Basis of AllotmentThu, 08 Sep 2016

Refund InitiationFri, 09 Sep 2016

Demat CreditFri, 09 Sep 2016

Listing DayWed, 14 Sep 2016

UPI Mandate Deadline2016-09-02

Sale TypeFresh Capital

Net Offer to Public8,40,000 shares (aggregating up to ₹1.76 Cr)

Market Maker Quota48,000 shares (aggregating up to ₹0.1008 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Subscription Rate Final

Sprayking Agro Equipment Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 02 Sep 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)
Market Maker	Awaited	48,000	—	₹0.10
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	888,000	100%	₹1.86

IPO Shares Offered

Sprayking Agro Equipment Ltd. IPO total issue size: ₹1.86 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	48,000	₹0.10	5.41%
Total	888,000	₹1.86	100.00%

* Based on upper price band ₹21 per share

Lot Size & Investment

Lot Size

6,000

Shares per Lot

Issue Price

₹21.00

Upper Band

Min Investment

₹126,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	12,000	₹252,000
Retail (Max — 13 Lots)	13	78,000	₹1,638,000
S-HNI (Min — 14 Lots)	14	84,000	₹1,764,000
B-HNI (Min — 68 Lots)	68	408,000	₹8,568,000

* Issue Price ₹21 × Lot Size 6,000 shares

IPO Schedule

Anchor

30 Aug 2016

✓ Done

IPO Open

31 Aug 2016

✓ Done

IPO Close

02 Sep 2016

✓ Done

Allotment

08 Sep 2016

✓ Done

Refunds

09 Sep 2016

✓ Done

Demat Credit

09 Sep 2016

✓ Done

Listing Day

14 Sep 2016

✓ Done

₹21.00

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Issue ₹21.00 Live Price

About Sprayking Agro Equipment Ltd.

Incorporated in 2005, Sprayking Agro Equipment Limited is engaged in manufacturing of Brass Equipment. Company manufactures and sells agriculture brass components, plumbing and sanitary fittings in India. Information in this paragraph is taken from chittorgarh.com, India's No. 1 IPO Investment Portal.They also manufacture Auto and Electrical parts, Fitting Parts, etc made of Brass.Sprayking Agro is the Leading manufacturer of the Sprayer's parts such as Sprayer, knapsack sprayer, agricultural sprayer, plastic sprayer, garden sprayer, backpack sprayer, hand sprayer, sprayers, pressure sprayer, power sprayer, agriculture sprayer and compression sprayers as well as nut nipples. Discuss this IPO on Chittorgarh.com, the most active IPO discussion forum.It supplies agriculture equipment to industrial users, such as agriculture spray manufacturers and manufacturers of other allied products; and plumbing and other equipment to traders in retail market.They use brass scrap as raw material which is imported from USA, UK and other European Countries and convert the scrap into finished goods.

Objects of the Issue

1 Repayment of uncertain loan availed from Sprayking Agro Equipment

Sprayking Agro Equipment Ltd. Financials (Amount in Rs Cr)

Revenue from Operations

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Profit After Tax (PAT)

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Particulars	FY 2024-25	FY 2023-24	FY 2022-23
Revenue from Operations	N/A	N/A	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	N/A	N/A	N/A
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Financial data will be published once DRHP/RHP is filed with SEBI.

Issue Structure & Shareholding

Total Shares Offered8,88,000 (100.00%)

Net Offer to Public8,40,000 shares (aggregating up to ₹1.76 Cr)

Reserved for Market Maker48,000 shares (aggregating up to ₹0.1008 Cr)

Pre-Issue Promoter Holding22,84,769 shares

Post-Issue Promoter Holding31,72,769 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Sharex Dynamic (India) Pvt.Ltd.

+91- 22 - 2851 5606

sharexindia@vsnl.com

Book Running Lead Managers

Pantomath 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 Sprayking Agro Equipment Ltd. IPO subscribed? ▲

Sprayking Agro Equipment Ltd. IPO is subscribed 1.00 times by Sep 02, 2016. 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 Sprayking Agro Equipment Ltd. IPO retail subscription status? ▼

The Sprayking Agro Equipment Ltd. IPO retail category is subscribed 1.00 times as of 02 Sep 2016. The retail portion is oversubscribed.

How to subscribe Sprayking Agro Equipment Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 31 Aug 2016 and closes 02 Sep 2016. Min investment: ₹126,000 (1 lot = 6,000 shares). UPI mandate: 2016-09-02.

How many times Sprayking Agro Equipment Ltd. IPO subscribed? ▼

The Sprayking Agro Equipment Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sprayking Agro Equipment Ltd. IPO allotment? ▼

Check allotment on the registrar website (Sharex Dynamic (India) Pvt.Ltd.). Enter your PAN, application number or DP/Client ID. Allotment date: 08 Sep 2016. Refunds: on 09 Sep 2016.

When Sprayking Agro Equipment Ltd. IPO will be listed? ▼

The Sprayking Agro Equipment Ltd. IPO listing date is 14 Sep 2016, Wednesday. Listed on: BSE SME. Issue price: ₹21. Estimated listing: ₹21. GMP: NIL.

When Sprayking Agro Equipment Ltd. IPO close? ▼

The Sprayking Agro Equipment Ltd. IPO closes on 02 Sep 2016, Friday. UPI mandate: 2016-09-02. Allotment: 08 Sep 2016. Listing: 14 Sep 2016.

Quick Actions

Live Price LIVE

Last Price₹21.00

Change—

Issue Price₹21.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹21

Face Value₹10

Lot Size6,000 Sh

Min. Amount₹126,000

GMPNIL

Est. Listing₹21

Subscribed1.00x

Open Date31 Aug 2016

Close Date02 Sep 2016

Allotment08 Sep 2016

Listing Date14 Sep 2016

ExchangeBSE SME

UPI Deadline2016-09-02