Marshall Machines Limited IPO (Marshall Machines IPO) Detail

Aug 28, 2018 - Aug 30, 2018

Incorporated in 1994, Punjab based Marshall Machines Limited is a company engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment. The company is among first Indian CNC Machine manufacturers.

The company manufactures a wide range of CNC Turning Centers including its Patented Double Spindle CNC Turning Centers. It provides complete machining solutions to manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, Bushes, etc. The company's customer list includes GNA, USHA, HERO HONDA, HAVELLS, ROCKMAN, AMTEK AUTO etc.

Marshall Machines has an IoTQ and super-optimized machine technology demonstartion center at IMT Gurugram, Haryana. It also has 2 R&D denters in Ludhiana. The centers are focussed on development of super-optimized machines and smart automated machine tool cells.

The company has 256 permanent employees on its payroll.

Company Promoters:

The promoters of the company are Gaurav Sarup and Prashant Sarup.

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 7,964.13 6,503.73 5,935.76 5,955.71 5,270.74
Total Revenue 5,942.43 5,054.42 4,390.66 4,257.46 3,928.43
Profit After Tax 500.30 110.49 41.53 24.96 58.76

Objects of the Issue:

The Objects Of The Issue are-

1. Capacity Augmentation
2. Upgradation of existing R&D and IOTQ centers
3. Establishment of new IOTQ centers
4. Working Capital Requirements
5. General Corporate Purpose
6. Issue Expenses

Marshall Machines IPO Details

IPO DateAug 28, 2018 - Aug 30, 2018
Issue TypeFixed Price Issue IPO
Issue Size3,870,000 Eq Shares of ₹10
(aggregating up to ₹16.25 Cr)
Face Value₹10 Per Equity Share
IPO Price₹42 Per Equity Share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtNSE SME

Marshall Machines IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹126,000
Maximum13000₹126,000

Marshall Machines IPO Subscription Status (Bidding Detail)

Marshall Machines IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

1,836,000

1,836,000

3,672,000

Aug 30, 2018 17:30

2.92x

1.20x

2.25x

Marshall Machines IPO Prospectus

Marshall Machines IPO Rating

47
3.5
Rating:Rated 3.5 stars

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Marshall Machines IPO Listing Date

Listing DateFriday, September 7, 2018
BSE Script Code
NSE SymbolMARSHAL
Listing In
ISININE00SZ01018
IPO Price₹42 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹42.00
Open:₹37.45
Low:₹35.30
High:₹39.30
Last Trade:₹39.30
Volume:177,000

Marshall Machines IPO Reviews / Ratings

Company Contact Information

Marshall Machines Limited
C-86, Phase-V,
Focal Point, Ludhiana,
Punjab 141010

Phone: +91 161 5012406/2407,
Email: gaurav.sarup@marshallcnc.com
Website: http://www.marshallcnc.com/

Marshall Machines IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Marshall Machines IPO FAQs

  1. 1. What is Marshall Machines IPO?

    Marshall Machines IPO is a SME IPO of 3,870,000 equity shares of the face value of ₹10 aggregating up to ₹16.25 Crores.

    The issue price of the IPO is ₹42 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Aug 28, 2018 and closes on Aug 30, 2018.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. 2. When Marshall Machines IPO will open?

    The Marshall Machines IPO opens on Aug 28, 2018 and closes on Aug 30, 2018.

  3. 3. How to apply for Marshall Machines IPO?

    Marshall Machines IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Marshall Machines IPO allotment?

    The finalization of Basis of Allotment for Marshall Machines IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Marshall Machines IPO allotment status.

  5. 5. When is Marshall Machines IPO listing date?

    The Marshall Machines IPO listing date is on Friday, September 7, 2018, at NSE SME.
  6. 6. What is the lot size of Marshall Machines IPO?

    Marshall Machines IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

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Marshall Machines IPO Review / Comments

jignesh.elect
77. jignesh.elect  Sep 21, 2018 17:38
what to do marshall? sell or hold
Jai D. Patel
76. Jai D. Patel  Sep 19, 2018 09:29
Marshal tanked...!!
SME BADSHAH
75. SME BADSHAH  Sep 14, 2018 12:03
In Marshall Ashishji Kacholia is having stake.If in Sumit Woods similar big shot would buy stake then it will also would Run like Marshall. Marshall is having Patented Machines. Sumit business is of Redevelopment which any Tom dick & harry can do.You cannot compare even Marshall with Mach Power who is in the same field.Marshall is quite ahead of all the same with unique machines & patented Technology.
GrowYourMoney
74. GrowYourMoney  Sep 14, 2018 09:17
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Good to see action in Marshall...
Expecting something in Sumit Woods as well....
One can add with 2 Rs SL...
GrowYourMoney
73. GrowYourMoney  Sep 10, 2018 13:05
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Some time sense prevail...
Hope ppl get benefited from it
GrowYourMoney
73.2. GrowYourMoney  Sep 13, 2018 10:03
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Congrats Jai Bhai...
Wish u super gains.... 👍
Jai D. Patel
73.3. Jai D. Patel  Sep 13, 2018 11:16
Thanks...how many have you?
VIE
72. VIE  Sep 11, 2018 22:40
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
block deal today buy by ashish kacholia


11-Sep-2018       Marshall Machines Ltd       KACHOLIA ASHISH       BUY       6,99,000       41.88
VIE
72.3. VIE  Sep 13, 2018 00:24
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
it is in Trade for Trade with 5 % circuit limit for 10 trading days.then move to SM category with 20% circuit limit.
I had not applied for this stock as my fund was not unblocked in Dangee Drum IPO.
Both missed.
Jai D. Patel
72.4. Jai D. Patel  Sep 13, 2018 09:22
Thanks...
GrowYourMoney
71. GrowYourMoney  Sep 13, 2018 00:23
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Jai Bhai,
In few occasions one should read between the lines,
Sometimes it's not possible to draw perfect pictures...
Jai D. Patel
71.1. Jai D. Patel  Sep 13, 2018 09:21
Ok...
GrowYourMoney
70. GrowYourMoney  Sep 13, 2018 08:08
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Good to have Marshall in Portfolio, planning to add more..
Have Sumit Woods, will add more too...
GrowYourMoney
69. GrowYourMoney  Sep 12, 2018 17:51
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
When in red, I already indicated that it will rise, now you all know the reason...
Jai D. Patel
69.1. Jai D. Patel  Sep 12, 2018 20:20
If you give statement with reason then it will be beneficial to us...
GrowYourMoney
68. GrowYourMoney  Sep 9, 2018 17:54
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
May regain IPO price soon...
Small Investor
68.2. Small Investor  Sep 10, 2018 10:15
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
lg gya Up Circuit
kingsuper
68.3. kingsuper  Sep 10, 2018 11:43
No Hni Or Big investors sold any thing....It can be Continues Buyer Cuircuit
Devendrap
67. Devendrap  Sep 7, 2018 13:16
What's today upper and lower limit
Jai D. Patel
67.1. Jai D. Patel  Sep 7, 2018 13:27
opened - 37.45
low - 35.6
up - 39.3
gala
66. gala  Sep 7, 2018 10:58
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
May settle arnd 40 at the end of the day retailers must not panic
Jai D. Patel
66.1. Jai D. Patel  Sep 7, 2018 13:02
39.3 is the limit due to 5% circuit restriction... 3.5L bids open right now and no offer. one bulk buyer is there at 39.3.
Jai D. Patel
66.2. Jai D. Patel  Sep 7, 2018 13:05
trading volume - 156000
gala
65. gala  Sep 7, 2018 10:20
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Pullback at end possible a trend normally seen in sarthi IPOs
gala
64. gala  Sep 7, 2018 10:15
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Will have solid impact on Lagnam subscription
GrowYourMoney
63. GrowYourMoney  Sep 7, 2018 09:55
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Unexpectedly poor listing
Splendid
62. Splendid  Sep 7, 2018 09:53
Top Contributor Top Contributor (200+ Posts)
There is nothing like fundamental now.. Apply only those ipo which gets higher subscription. Look at Dangee Dums all said that its worst company but its still in UC.
Hiteshji
61. Hiteshji  Sep 7, 2018 09:51
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Disaster listing...
Unexpected listing....
RAJAKUMAR
60. RAJAKUMAR  Sep 7, 2018 09:47
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
Discover price is 37.45. 10% lower than the issue price. Now sme stocks again in pathetic mood. Powerful tech already tank 40%.
RAJAKUMAR
59. RAJAKUMAR  Sep 7, 2018 09:32
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
It may be open negative
Shah bhupesh chunilal
58. Shah bhupesh chunilal  Sep 7, 2018 06:38
Listings today expected 10% gain






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