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Shubham Polyspin Limited IPO (Shubham Polyspin IPO) Detail

Sep 28, 2018 - Oct 4, 2018

Incorporated in 2012, Gujarat based Shubham Polyspin Limited is a company engaged in the manufacturing of Polypropylene Multifilament Yarn of various types including Air-Intermingled yarn, Twisted Yarn & Shubhlon Bag closing yarn.

The yarn produced from the company are used in various fields like Geo-Textiles, Filter Cloth, HDPE, In FIBC, PP Bags, Narrow Woven Fabrics (webbings & tapes) etc. All the products are marketed under the Trade Name SHUBLON . It sell Its products directly to the end users in India and directly and through merchandise in Overseas.

The company's manufacturing facility is located at Mehasana, Gujarat.

The company started by selling 100% of its products in the state of Gujarat. However with increased production capacity, it expanded its sales to states like Rajasthan, Madhya Pradesh & Maharashtra. It also started exporting its products to international markets.

It has 31 employees on its payroll.

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 1,783.7 2,029.45 1,447.05 789.88 758.51
Total Revenue 2,827.00 1.771.19 1,540.45 1,354.57 626.13
Profit After Tax 148.15 21.58 24.81 20.47 2.18

Objects of the Issue

The objects of the Issue are to raise funds for-

1. Modernizations of Plant and Machineries, Building and Electrification;
2. Working Capital Requirements;
3. General Corporate Purpose;
4. Developing New Products;
5. Public Issue Expenses

Shubham Polyspin IPO Details

Shubham Polyspin IPO Date Sep 28, 2018 to Oct 4, 2018
Shubham Polyspin IPO Face Value ₹10 per share
Shubham Polyspin IPO Price ₹40 per share
Shubham Polyspin IPO Lot Size 3000 Shares
Issue Size1,500,000 shares of ₹10
(aggregating up to ₹6.00 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The Promoters of the Company are Anil Devkishan Somani, Ankit Anil Somani and Akshay Anilbhai Somani.

Shubham Polyspin IPO Lot Size

The Shubham Polyspin IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹120,000).

Application Lots Shares Amount
Retail (Min) 1 3000 ₹120,000
Retail (Max) 1 3000 ₹120,000

Shubham Polyspin IPO Review

Issue appears fully priced on the given financial data. Cash surplus investors may consider investment for long term.

Read detail review...


Shubham Polyspin IPO Subscription Status (Bidding Detail)

The Shubham Polyspin IPO is subscribed 2.95 times on Oct 4, 2018 6:50:02 PM. The public issue subscribed 3.64 times in the retail category, times in the QIB category, and 2.27 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII2.27
Retail3.64
Total2.95

Shubham Polyspin IPO Prospectus

Shubham Polyspin IPO Rating

16
3.2
Rating:Rated 3.2 stars
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Shubham Polyspin IPO Listing Date

Listing Date Friday, October 12, 2018
BSE Script Code 542019
NSE Symbol
Listing In MT Group of Securities
ISIN INE01J501010
IPO Price ₹40 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹40.00
₹41.80
₹41.75
₹43.85
₹43.85

Company Contact Information

Shubham Polyspin Limited
Block No. 748, Saket Industrial Estate,
Nr. Kaneria Oil Mill, Jetpura- Basantpura Road
Village Borisana, Taluka Kadi, Mahesana - 382 728
Phone: +91 70431 24999/25999
Email: compliance@shubhamgrp.co
Website: http://sppl.shubhamgrp.co

Shubham Polyspin IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: shubham.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Shubham Polyspin IPO Review

Shubham Polyspin IPO Recommendation Summary

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Brokers 1 0 0
Members 0 0 0

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Shubham Polyspin IPO FAQs

Shubham Polyspin IPO is a SME IPO of 1,500,000 equity shares of the face value of ₹10 aggregating up to ₹6.00 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000 Shares.

The IPO opens on Sep 28, 2018, and closes on Oct 4, 2018.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Shubham Polyspin IPO opens on Sep 28, 2018 and closes on Oct 4, 2018.

Shubham Polyspin IPO lot size is 3000 Shares and the minimum order quantity is .

You can apply in Shubham Polyspin 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 Shubham Polyspin IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shubham Polyspin IPO allotment status.

The Shubham Polyspin IPO listing date is on Friday, October 12, 2018.
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Shubham Polyspin IPO Message Board

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11 Comments

11. MAMU |   Link |Oct 10, 2018 4:51:00 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Ammount unblocked and debited from banks in morning.
Listing on 12-10-2018
All the best to whom got allotment.
10. uday patel |   Link |Oct 8, 2018 2:53:37 PM
What is Lisitng date for this IPO?
9. Raymangia |   Link |Oct 2, 2018 7:21:44 PM
Subham ili applay. Or not. Ane gros market premium@@&
8. kandan |   Link |Oct 1, 2018 12:00:33 PM
SHALL I HOLD OR SELL IRCON (30 SHARES) FOR LOSS OF AROUND 1500.

PLEASE SHARE UR OPINIONS GUYS WITH SHORT AND LONG TERMS..

THANKS IN ADVANCE
7. IPOMantra |   Link |Sep 27, 2018 9:28:58 PM
Bee line sucking and eating money instead of creating
6. GrowYourMoney |   Link |Sep 27, 2018 4:57:48 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Co is Prepared like Bride....
Investors ki Barat nikalne ke liye ????
5. Abhishek Shahi |   Link |Sep 25, 2018 1:25:03 PM
IPO ke time .. Company ki working bhi achi hone lagti h ..
4. Abhishek Shahi |   Link |Sep 25, 2018 10:43:14 AM
Amazing jump in profit ..
3. GrowYourMoney |   Link |Sep 23, 2018 9:21:28 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Amazingly Cos showing performance illogical..
Just to get IPO Money...
2. Smeupdate |   Link |Sep 23, 2018 2:56:40 PM
Akshar spintex aur lagnam spintex Ka Bhai aagaya
1. VIE |   Link |Sep 23, 2018 9:49:21 AM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Beeline is working very fast. Ek ipo process pura hua nahi dusara tyayar