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Supershakti Metaliks Limited IPO (Supershakti Metaliks IPO) Detail

Jul 17, 2018 - Jul 20, 2018

Incorporated in 2012, Kolkata based Supershakti Metaliks Limited is a company engaged in the business of providing diversified products of steel. The company forms part of Sai Group which has carved itself into a well-known group and established it's goodwill in the iron and steel manufacturing industry. The company's manufacturing plant is located in Durgapur.

The Company enjoys a wide product range with diverse applications across downstream sectors. It possesses multiple manufacturing processes within the Plant with the ability to address customer orders with shrinking turnaround time. The Company has the widest range of products enabling it to cater to a wide spectrum of applications across the industries and balancing it out from market volatilities.

The company has 376 employees on its payroll.

Company Promoters:

The promoters of the company are:
1. Mr. Dilipp Agarwal (Individual Promoter)
2. Mr. Deepak Agarwal (Individual Promoter)
3. Veerbhadra Sales Private Limited (Corporate Promoter)
4. Khandelwal Finance Private Limited (Corporate Promoter)

The Promoters hold (in aggregate) 12,54,536 Equity Shares, representing up to 25.28% of the issued, subscribed and paid-up Equity Share capital of the Company.

Company Financials:

Summary of financial Information (Restated)
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 11,902.75 16,699.84 16,699.84 0.68 0.80
Total Revenue 36,008.73 30,102.41 24,566.87 -- --
Profit After Tax 1,238.08 57.84 71.85 (0.12) (0.12)

Objects of the Issue:

The Issue comprises of a Fresh Issue and an Offer for Sale by the Promoters.
The Company will not receive any proceeds of the Offer for Sale by the Promoters and Promoter Group Selling
Shareholders.
The objectives of the fresh issue are:
(a) Working Capital Requirements;
(b) Funding expenditure for General Corporate Purposes

Supershakti Metaliks IPO Details
Issue OpenJul 17, 2018 - Jul 20, 2018
Issue TypeFixed Price Issue IPO
Issue Size1,600,200 Eq Shares of Rs 10
(aggregating up to Rs 60.01 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 375 Per Equity Share
Market Lot300 Shares
Min Order Quantity300 Shares
Listing AtBSE SME
Supershakti Metaliks IPO Tentative Date / Timetable
Bid/Offer Opens OnJul 17, 2018
Bid/Offer Closes OnJul 20, 2018
Finalisation of Basis of AllotmentJul 25, 2018
Initiation of RefundsJul 26, 2018
Credit of Shares to Demat Acct:Jul 27, 2018
IPO Shares Listing Date:Jul 30, 2018

Supershakti Metaliks IPO Prospectus

Supershakti Metaliks IPO Rating

34
3.0
Rating:Rated 3.0 stars

Vote Here ...

Supershakti Metaliks IPO Listing Date

  •   ›  Listing Date: Monday, July 30, 2018
  •   ›  BSE Script Code: 541701
  •   ›  NSE Symbol:
  •   ›  Listing In: MT
  •   ›  ISIN: INE00SY01011
  •   ›  Issue Price: Rs 375 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
BSE SME
Rs 375.00
Rs 377.10
Rs 375.50
Rs 379.00
Rs 376.50
242,400

Supershakti Metaliks IPO Reviews / Ratings

Company Contact Information

Supershakti Metaliks Limited
39, Shakespeare Sarani,
3rd Floor, Kolkata
West Bengal - 700017
Phone: +91 33 2289 2734/35
Fax: +91 33 2289 2736
Email: info@ssml.in
Website: http://www.supershaktimetaliks.com/

Supershakti Metaliks IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Supershakti Metaliks IPO Lead Manager(s)

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Supershakti Metaliks IPO Review / Comments

avatar
15. VIE  Jul 30, 2018 19:43 I Like It. | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
todays price
Open: 377.10
High : 379.00
Low : 375.50
Close: 376.50
listing as per expected line.bakwas ipo
avatar
14. VIE  Jul 30, 2018 09:54 I Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Open at rs 377.10.
avatar
13. VIE  Jul 30, 2018 09:33 I Like It. 2 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
IEP on
BSE-375.10
avatar
12. VIE  Jul 30, 2018 09:16 I Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Best of luck to all allottees.
HAPPY investing
avatar
11. VIE  Jul 20, 2018 20:13 I Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
ultimately one more ipo sail sucessfuly inpite of weak market and over valuation.retail subcribed by 0.42 nii by 1.87.
avatar
10. IPOANALYSIS  Jul 19, 2018 11:54 I Like It. | Report Abuse Reply
All the subscription is fake as internal finance company can apply as promoter is in finance . Remember promoter will be happy even half of the people subscribe their issue .they still will get 30 crore in their pocket. Nothing left for retailers in this issue as such large issue should always come with very less PE.
avatar
9. DownriteVJ  Jul 18, 2018 13:19 I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
Avoid.
avatar
8. Aniketiaf  Jul 17, 2018 15:48 I Like It. 3 | Report Abuse Reply
IPO Mentor IPO Mentor (700+ Posts, 3800+ Likes)
NOW IT'S CONFIRM.......

HDFC AMC IPO OPENING ON 25 JULY TO 27 JULY 18.
avatar
7. IPOANALYSIS  Jul 17, 2018 14:32 I Like It. | Report Abuse Reply

hi everyone,

I want to remind you all that check the LM issues which they used to price 1 year back or so .
it was so tempting and reason for giving listing gain as well as long term

just when the greedy LM started pricing issues higher they caused this mess.
if LM would have made pricing similar to earlier times it would have overall good sentiments

dont you all think it is our duty to teach such greedy LM a lesson by not applying.

Please consider this as you will do good for quality sme to come onnly and with good price else these greedy company and LM will keep coming up with new issues
avatar
6. IPOANALYSIS  Jul 17, 2018 12:37 I Like It. | Report Abuse Reply
It should have price at 150 rs. They have almost double the price. Not sure who will apply. I think aryaman would have to themselves buy .Appreciate the guts of lm to come at such price in such market condition. Woow.
avatar
5. Abhishek Shahi  Jul 17, 2018 10:51 I Like It. | Report Abuse Reply
over valuation
avatar
4. kingsuper  Jul 14, 2018 23:33 I Like It. | Report Abuse Reply
Avoid This ipo 100% loss
avatar
3. hbk  Jul 10, 2018 19:54 I Like It. 5 | Report Abuse Reply
1. OFS plus Fresh issue
2. 21 times jump in PAT in last year, inspite of just 20% increase in Sales
3. Asking Price Rs. 375 (for SME)
4. Aryaman is LM
5. Listing on BSE Platform

Enough reasons to AVOID
avatar
3.1. SRINIVAS MOORTHY  Jul 14, 2018 09:03 I Like It. | Report Abuse
Having assets worth 112 crs , it has coem down from 166 cr of 2017 , IS the asset sales resulted to jump in profit ?
avatar
3.2. IPOANALYSIS  Jul 14, 2018 12:15 I Like It. | Report Abuse
They do it as pe is calculated .Mostly on latest earning . This is a plan to do it just before coming up with Ipo. Simply avoid. This is such a large issue that it will be easily available around issue price and therefore no use to apply at all.
avatar
2. IPOANALYSIS  Jul 11, 2018 11:53 I Like It. 2 | Report Abuse Reply
No matter how much pe they show by showing high profit this quarter this one is clear avoid. Even if it would have come below 100 rs issue I would not have applied. How come they try to get to that price is surprising. Again LM and underwriter will need to forcefully get issue subscribed
avatar
1. IPOANALYSIS  Jul 10, 2018 21:30 I Like It. 3 | Report Abuse Reply
Wah just before IPO the profits jumped at that rate. Clearly to lower pe. Never seen such jump ever. What a cooked financials.
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