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 Promoters:

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

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

IPO Opening Date Sep 28, 2018
IPO Closing Date Oct 4, 2018
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹40 per equity share
Market Lot 3000 Shares
Min Order Quantity 3000 Shares
Listing At BSE SME
Issue Size1,500,000 Eq Shares of ₹10
(aggregating up to ₹6.00 Cr)

Shubham Polyspin IPO Lot Size

The Shubham Polyspin IPO market 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 (Cut-off)
Minimum 1 3000 ₹120,000
Maximum 1 3000 ₹120,000

Shubham Polyspin IPO Subscription Status (Bidding Detail)

The Shubham Polyspin IPO is subscribed 2.95 times on Oct 4, 2018 18:50. The public issue subscribed 3.64 in the retail category, in the QIB category, and 2.27 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)






Shubham Polyspin IPO Prospectus

Shubham Polyspin IPO Rating

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 equity share
Face Value ₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade

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

Shubham Polyspin IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Shubham Polyspin IPO Reviews / Ratings

Shubham Polyspin IPO Lead Manager(s)

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 equity 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 3000 Shares.

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.

Shubham Polyspin IPO Message Board

Ranked Members  Ranked Members

11. MAMU |Oct 10, 2018 16:51
Ammount unblocked and debited from banks in morning.
Listing on 12-10-2018
All the best to whom got allotment.
10. uday patel |Oct 8, 2018 14:53
What is Lisitng date for this IPO?
9. Raymangia |Oct 2, 2018 19:21
Subham ili applay. Or not. Ane gros market premium@@&
8. kandan |Oct 1, 2018 12:00


7. IPOMantra |Sep 27, 2018 21:28
Bee line sucking and eating money instead of creating
6. GrowYourMoney |Sep 27, 2018 16:57
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Co is Prepared like Bride....
Investors ki Barat nikalne ke liye ????
5. Abhishek Shahi |Sep 25, 2018 13:25
IPO ke time .. Company ki working bhi achi hone lagti h ..
4. Abhishek Shahi |Sep 25, 2018 10:43
Amazing jump in profit ..
3. GrowYourMoney |Sep 23, 2018 21:21
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Amazingly Cos showing performance illogical..
Just to get IPO Money...
2. Smeupdate |Sep 23, 2018 14:56
Akshar spintex aur lagnam spintex Ka Bhai aagaya
1. VIE |Sep 23, 2018 09:49
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Beeline is working very fast. Ek ipo process pura hua nahi dusara tyayar