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Shubham Polyspin IPO is a fixed price issue of Rs 6.00 crores.
Shubham Polyspin IPO bidding started from September 28, 2018 and ended on October 4, 2018. The shares got listed on BSE SME on October 12, 2018.
Shubham Polyspin IPO price is ₹40 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
Beeline Broking Ltd is the book running lead manager of the Shubham Polyspin IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Shubham Polyspin IPO RHP for detailed information.
| IPO Date | September 28, 2018 to October 4, 2018 |
| Listing Date | October 12, 2018 |
| Face Value | ₹10 per share |
| Price | ₹40 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 1,500,000 shares (aggregating up to ₹6.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 78,000 shares |
Shubham Polyspin IPO offers 1,500,000 shares. 711,000 (47.40%) to NII, 711,000 (47.40%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 78,000 (5.20%) |
| Other Shares Offered | 711,000 (47.40%) |
| Retail Shares Offered | 711,000 (47.40%) |
| Total Shares Offered | 1,500,000 (100%) |
Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹120,000 |
| Retail (Max) | 1 | 3000 | ₹120,000 |
| Lot Size Calculator | |||
Incorporated in 2012, Gujarat based Shubham Polyspin Limited is a company engaged in the manufacturing of Polypropylene Multifilament Yarn of various types including Air-Intermingled yarn, Twisted Yarn & Shubhlon Bag closing yarn.
The yarn produced from the company are used in various fields like Geo-Textiles, Filter Cloth, HDPE, In FIBC, PP Bags, Narrow Woven Fabrics (webbings & tapes) etc. All the products are marketed under the Trade Name SHUBLON �. It sell Its products directly to the end users in India and directly and through merchandise in Overseas.
The company's manufacturing facility is located at Mehasana, Gujarat.
The company started by selling 100% of its products in the state of Gujarat. However with increased production capacity, it expanded its sales to states like Rajasthan, Madhya Pradesh & Maharashtra. It also started exporting its products to international markets.
It has 31 employees on its payroll.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | ||
| Total Assets | 1,783.7 | 2,029.45 | 1,447.05 | 789.88 | 758.51 | |
| Total Revenue | 2,827.00 | 1.771.19 | 1,540.45 | 1,354.57 | 626.13 | |
| Profit After Tax | 148.15 | 21.58 | 24.81 | 20.47 | 2.18 | |
The objects of the Issue are to raise funds for-
1. Modernizations of Plant and Machineries, Building and Electrification;
2. Working Capital Requirements;
3. General Corporate Purpose;
4. Developing New Products;
5. Public Issue Expenses
[Dilip Davda]
Issue appears fully priced on the given financial data. Cash surplus investors may consider investment for long term.
Read detail review...The Shubham Polyspin IPO is subscribed 2.95 times on October 4, 2018 6:50:02 PM. The public issue subscribed 3.64 times in the retail category, times in the QIB category, and 2.27 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 2.27 |
| Retail | 3.64 |
| Total | 2.95 |
| Listing Date | October 12, 2018 |
| BSE Script Code | 542019 |
| NSE Symbol | |
| ISIN | INE01J501010 |
| Final Issue Price | ₹40 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹40.00 |
| ₹41.80 |
| ₹41.75 |
| ₹43.85 |
| ₹43.85 |
Shubham Polyspin Limited
Block No. 748, Saket Industrial Estate,
Nr. Kaneria Oil Mill, Jetpura- Basantpura Road
Village Borisana, Taluka Kadi, Mahesana - 382 728
Phone: +91 70431 24999/25999
Email: compliance@shubhamgrp.co
Website: http://sppl.shubhamgrp.co
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: shubham.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
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Shubham Polyspin IPO is a SME IPO of 1,500,000 equity shares of the face value of ₹10 aggregating up to ₹6.00 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000 Shares.
The IPO opens on September 28, 2018, and closes on October 4, 2018.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Shubham Polyspin IPO opens on September 28, 2018 and closes on October 4, 2018.
Shubham Polyspin IPO lot size is 3000 Shares, and the minimum amount required is ₹120,000.
You can apply in Shubham Polyspin IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Shubham Polyspin IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shubham Polyspin IPO allotment status.
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RHP
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Listing on 12-10-2018
All the best to whom got allotment.