Incorporated in 2006, Shilpi Cable Technologies Limited is engaged in the business of manufacturing Radio frequency (RF) cables, widely used in telecom, automobile and power sectors. Company’s factory is located in Chopanki, Bhiwadi, Tehsil-Tijara, Dist. Alwar, Rajasthan.
Main products of the company are:
1. RF Cables of various sizes for the Telecom Sector
2. Low Voltage Power cables
3. Cable Accesories
The Promoters of the Company are:
1. Mr. Mukesh Kumar Gupta;
2. Mr. Manish Goel; and
3. M/s Shilpi Communication Private Limited
Particulars | For the year/period ended (in Rs. Lacs) | ||||
30-Sep-10 | 31-Mar-10 | 31-Mar-09 | 31-Mar-08 | 31-Mar-07 | |
Total Income | 11,613.89 | 17,480.64 | 4,733.21 | 1,143.06 | 0.00 |
Profit After Tax (PAT) | 696.21 | 904.06 | (398.05) | (192.03) | (0.43) |
The object of the issue are:
1. To raise funds for capital expenditure on Cable/ wire assembly shop;
2. To raise funds for capital expenditure on tools for 3G enabling;
3. To raise funds for capital expenditure on augmenting cable manufacturing capabilities;
4. To raise funds for long term working capital requirement for the proposed new businesses;
5. To raise funds for investment in the Subsidiary of the Company, M/s Shilpi Cabletronics Ltd;
6. To raise funds for General corporate purposes ;and
7. To meet the expenses of the issue.
IPO Opening Date | Mar 22, 2011 |
IPO Closing Date | Mar 25, 2011 |
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹65 to ₹69 per equity share |
Market Lot | 79 Shares |
Min Order Quantity | 79 Shares |
Listing At | BSE, NSE |
Issue Size | 8,098,762 Eq Shares of ₹10 (aggregating up to ₹55.88 Cr) |
The Shilpi Cables IPO market lot size is 79 shares. A retail-individual investor can apply for up to 36 lots (2844 shares or ₹196,236).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 79 | ₹5,451 |
Maximum | 36 | 2844 | ₹196,236 |
CARE has assigned an IPO Grade 1 to Shilpi Cable Technologies Ltd IPO. This means as per CARE, company has 'Poor Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Click here to download the CARE IPO Grading Document for Shilpi Cable Technologies Ltd.
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The Shilpi Cables IPO is subscribed 3.48x times on Mar 25, 2011 17:00. The public issue subscribed 5.74x in the retail category, 1.04x in the QIB category, and 6.39x in the NII category. Check Day by Day Subscription Details (Live Status)
Category | IPO Subscription |
---|---|
QIB | 1.04x |
NII | 6.39x |
RII | 5.74x |
Total | 3.48x |
Listing Date | Friday, April 8, 2011 |
BSE Script Code | 533389 |
NSE Symbol | SHILPI |
Listing In | B |
ISIN | INE510K01019 |
IPO Price | ₹69 per equity share |
Face Value | ₹10 per equity share |
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Shilpi Cable Technologies Ltd
A-19/B-1 Extension
Mohan Cooperative Ind Estate, P.O. Badarpur
Mathura Road, New Delhi-110044
Phone: +91-11- 43117900,43117901
Email: ipo@shilpicabletech.com
Website: http://www.shilpicables.com
Beetal Financial & Computer Services (P) Limited
Beetal House, 3rd Floor,
99, Madangir, Behind Local Shopping Centre,
New Delhi - 110062
Phone: +91 11 29961281
Email: shilpi_ipo@beetalfinancial.com
Website: http://www.beetalfinancial.com
Shilpi Cables IPO is a main-board IPO of 8,098,762 equity shares of the face value of ₹10 aggregating up to ₹55.88 Crores. The issue is priced at ₹65 to ₹69 per equity share. The minimum order quantity is 79 Shares.
The IPO opens on Mar 22, 2011, and closes on Mar 25, 2011.
Beetal Financial & Computer Services (P) Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Shilpi Cables IPO opens on Mar 22, 2011 and closes on Mar 25, 2011.
Shilpi Cables IPO lot size is 79 Shares and the minimum order quantity is 79 Shares.
You can apply in Shilpi Cables 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Shilpi Cables IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shilpi Cables IPO allotment status.
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