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Sagardeep Alloys Ltd IPO (Sagardeep Alloys IPO) Detail

May 4, 2016 - May 9, 2016

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.

Sagardeep Alloys IPO Details

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 Size3,000,000 shares
(aggregating up to ₹6.00 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue8,371,600
Share holding post issue11,371,600
Market Maker portion156,000 shares

Sagardeep Alloys IPO Lot Size

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

Sagardeep Alloys IPO Promoter Holding

Share Holding Pre Issue 100%
Share Holding Post Issue

About Sagardeep Alloys Ltd

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.

Key Performance Indicator

Objects of the Issue (Sagardeep Alloys IPO Objectives)

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.

Sagardeep Alloys IPO Review (Avoid)

[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...

Sagardeep Alloys IPO Prospectus

Sagardeep Alloys IPO Rating

Rating:Rated 3.6 stars
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Sagardeep Alloys IPO Listing Details

Listing Date May 17, 2016
BSE Script Code
ISIN INE976T01013
Final Issue Price ₹20 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Sagardeep Alloys Ltd Contact Details

Sagardeep Alloys Ltd
205, Pittalaya Bumba,
Nr. Madhuram Cinema,
Gheekanta, Ahmedabad - 380001
Phone: +91-79-2562 6304

Sagardeep Alloys IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Sagardeep Alloys IPO - Buy or Not

Sagardeep Alloys IPO Recommendation Summary

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Members 0 0 0

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Sagardeep Alloys IPO FAQs

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.

The Sagardeep Alloys IPO listing date is on May 17, 2016.
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Sagardeep Alloys IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



12. Nitin Gupta |   Link |  Bookmark |May 24, 2016 3:08:14 PM
Septa ji RKS ji and eagleye pls guide abt Mahindra ncd. Apply for listing gain or not?
Pls reply early
11. KSC |   Link |  Bookmark |May 24, 2016 2:29:31 PM
jonam .give idea of united polyfab sme ipo bhare ya nahi 25 se khul raha hai nse pe
10. Rainmaker |   Link |  Bookmark |May 14, 2016 2:31:42 PM
Dear Member, Any idea on SG alloy''s listing price, or any near term ( upto 3 months ) target price.
9. m patel |   Link |  Bookmark |May 13, 2016 7:22:19 PM
allotment published. now enjoy the listing day gain.
8. Ronak maniar |   Link |  Bookmark |May 10, 2016 2:25:25 PM
Any update abt gmp?
7. atul |   Link |  Bookmark |May 9, 2016 8:50:13 PM (300+ Posts)
Today sysco was down 10%.r the results out? Pl share I m still keen in this scrip with due diligence.
7.1. jonam |   Link |  Bookmark |May 12, 2016 8:11:00 PM
Atul, Results are still awaited.
6. atul |   Link |  Bookmark |May 8, 2016 1:27:10 PM (300+ Posts)
Till what price it would be prudent to buy thyocare.I m consider ing to buy tomorrow.
Pl suggest till what priced it would be good play.
In case of equtas on ipo listing date at 10 am prices touchef 147 and at 3 it was easily avalivlabe at 135.
In case of thyp care what would be strategic action?
6.1. jonam |   Link |  Bookmark |May 8, 2016 4:13:28 PM
Atul I am not too keen on Thyrocare at 700/-plus.
Not enough margin of safety. At these prices it is going to be v difficult to double ones money in three years which should be the thumb rule for buying into any company. Ujjivan can be a better bet. Available at 17-18 pe and growing at 35-40% it can double in three or lesser yrs.
5. BGRJVB |   Link |  Bookmark |May 5, 2016 7:13:12 PM
Hey Jonam, I was not specific before. My Apology . My question was exclusively, in relation to few SME Ipo`s which apparently on papers looks nice but which also calls for
solid due diligence. The underlying intention is formation of a team of few HNI investors, who shares, their views with each other, after having met the management of company, which i think is of utmost importance, especially in case of SME`s Your valuable inputs are invited. Best Regards.
4. NEW TO IPO |   Link |  Bookmark |May 3, 2016 9:37:26 AM
Dear All, Can anyone advise me, which broker is good (as per your experience) for online trading in BSE SME & / or NSE Emerge platform.
4.2. NEW TO IPO |   Link |  Bookmark |May 6, 2016 11:15:45 AM
Is Anand Rathi provide sme based stock trading thru their mobile app Tr@de Mobi ?
4.3. Manipo |   Link |  Bookmark |May 6, 2016 11:22:29 AM (200+ Posts)
I have not tried that. I have used website and desktop software
3. HONEY |   Link |  Bookmark |May 3, 2016 12:44:42 AM
anybody suggest me that we should apply or not in Sagardeep Alloys Ltd IPO
2. atul |   Link |  Bookmark |May 2, 2016 9:24:22 PM (300+ Posts)
Ofs tech., sysco, fourth dimension all today r upper circuit. Can I buy these at this level.I have never invested in sme .what is the lot value of buying in sme platform.
Pl guide.
2.1. jonam |   Link |  Bookmark |May 3, 2016 8:16:45 AM
Atul Would wait for the results now as they are very near. Pl do understand that sme stocks are not very liquid and needs a lot of patience and due diligence. Pl take extra care before putting in your hard money into them.
Personally I like Fourth Dimension around 75/-. Sysco around 23/-
1. atul |   Link |  Bookmark |April 30, 2016 1:36:17 PM (300+ Posts)
Jonam .
Pl comment on this issue.
1.5. BGRJVB |   Link |  Bookmark |May 5, 2016 6:39:42 PM
Hi Jonam, Was curious to know that you generally prefer :-
(1) concall with the management of the company for understanding business model of the company and its prospects OR
(2) You visit and meet company people and carry out, like a due diligence process.
Awaiting for your response. Thanks. Best Regards.

1.6. jonam |   Link |  Bookmark |May 5, 2016 7:01:07 PM
Hi BGRJVB,Initially I go through the Prospectus, Annual Reports, and as also see what the Industry growth prospects are. If the Company interests me I generally try to talk to the Company management to get a feel of their confidence about the business and the plans ahead.
Visits are very rare but I or my colleagues try to attend the AGM of Cos in which we are invested in.