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Sagardeep Alloys IPO is a fixed price issue of Rs 6.00 crores.
Sagardeep Alloys IPO bidding started from May 4, 2016 and ended on May 9, 2016. The shares got listed on NSE SME on May 17, 2016.
Sagardeep Alloys IPO price is ₹20 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
Chartered Capital And Investment Limited is the book running lead manager of the Sagardeep Alloys IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Sagardeep Alloys IPO RHP for detailed information.
IPO Date | May 4, 2016 to May 9, 2016 |
Listing Date | May 17, 2016 |
Face Value | ₹10 per share |
Price | ₹20 per share |
Lot Size | 6000 Shares |
Total Issue Size | 3,000,000 shares (aggregating up to ₹6.00 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 8,371,600 |
Share holding post issue | 11,371,600 |
Market Maker portion | 156,000 shares |
Investors can bid for a minimum of 6000 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 | 6000 | ₹120,000 |
Retail (Max) | 1 | 6000 | ₹120,000 |
Lot Size Calculator |
Share Holding Pre Issue | 100% |
Share Holding Post Issue |
Incorporated in 2007, Sagardeep Alloys Limited is in the business of manufacturing and trading of copper and brass products such as pipes & tubes and trading of stainless steel, copper, brass and other metal products. The company is supplying its products in domestic market.
The Company is engaged in the business of manufacturing of Copper Pipes, Flats, Coils, Rods, Plates and Copper Alloys Consumables and trading of Ferrous and Non ferrous Metals and alloys. The Factory is located at Block No 2070, Rajnagar Patiya, Santej Khatraj Road, Santej, Taluka-Kalol, Ghandhinagar-382721, Gujarat (India).
The Company has got ISO 9001:2008 certification for 'Manufacturing and Supply of Copper Pipes, Tubes, Flats, Coils, Rods, Nuggets, Plates and Copper Alloys Consumables and Trading and Supply of Ferrous and Non Ferrous Metals and Alloys' from BSCIC.
Company's products are industrial in nature and are utilized in various industries such as Air Conditioning and Refrigeration, Engineering & Gas Application etc. Company's Clientele list includes some reputed Govt. undertakings, Public Sector undertakings and Engineering Giants.
KPI | Values |
---|---|
RoNW | 4.1% |
The Company intends to utilize proceeds of the issue to meet the following objects:
1. Long Term Working Capital requirements of the Company;
2. Issue Expenses.
[Dilip Davda]
Considering non encouraging performance and the aggressive pricing, there is no harm in giving it a miss. However, risk savvy investors with cash surplus may consider it for long term.
Read detail review...Listing Date | May 17, 2016 |
BSE Script Code | |
NSE Symbol | SAGARDEEP |
ISIN | INE976T01013 |
Final Issue Price | ₹20 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
NSE SME |
---|
₹20.00 |
₹20.00 |
₹19.00 |
₹20.00 |
₹19.00 |
Sagardeep Alloys Ltd
205, Pittalaya Bumba,
Nr. Madhuram Cinema,
Gheekanta, Ahmedabad - 380001
Phone: +91-79-2562 6304
Email: secretary@sdalloys.com
Website: http://www.sdalloys.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: sal.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
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Sagardeep Alloys IPO is a SME IPO of 3,000,000 equity shares of the face value of ₹10 aggregating up to ₹6.00 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000 Shares.
The IPO opens on May 4, 2016, and closes on May 9, 2016.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Sagardeep Alloys IPO opens on May 4, 2016 and closes on May 9, 2016.
Sagardeep Alloys IPO lot size is 6000 Shares, and the minimum amount required is ₹120,000.
You can apply in Sagardeep Alloys 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 Sagardeep Alloys IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sagardeep Alloys IPO allotment status.
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