Sprayking Agro Equipment Ltd IPO (Sprayking Agro IPO) Detail

Aug 31, 2016 - Sep 2, 2016

Incorporated in 2005, Sprayking Agro Equipment Limited is engaged in manufacturing of Brass Equipment. Company manufactures and sells agriculture brass components, plumbing and sanitary fittings in India. Information in this paragraph is taken from chittorgarh.com, India's No. 1 IPO Investment Portal.They also manufacture Auto and Electrical parts, Fitting Parts, etc made of Brass.

Sprayking Agro is the Leading manufacturer of the Sprayer's parts such as Sprayer, knapsack sprayer, agricultural sprayer, plastic sprayer, garden sprayer, backpack sprayer, hand sprayer, sprayers, pressure sprayer, power sprayer, agriculture sprayer and compression sprayers as well as nut nipples. Discuss this IPO on Chittorgarh.com, the most active IPO discussion forum.It supplies agriculture equipment to industrial users, such as agriculture spray manufacturers and manufacturers of other allied products; and plumbing and other equipment to traders in retail market.

They use brass scrap as raw material which is imported from USA, UK and other European Countries and convert the scrap into finished goods.

Company Promoters:

The promoters of the company are:

1. Pragjibhai Patel
2. Hiteshkumar Dudhagara
3. Ronakben Dudhagara

Objects of the Issue:

The objects of the Issue are: Information in this section is taken from chittorgarh.com, India's No 1 IPO Investment Portal.

1. Repayment of Unsecured Loan;
2. Enhance Company's corporate image, brand name and create a public market for its Equity Shares in India;
3. Achieve the benefits of listing on the SME platform of BSE; and
4. General Corporate Purposes.

Sprayking Agro IPO Details

IPO Opening DateAug 31, 2016
IPO Closing DateSep 2, 2016
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹21 per equity share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME
Issue Size888,000 Eq Shares of ₹10
(aggregating up to ₹1.86 Cr)

Sprayking Agro IPO Lot Size

The Sprayking Agro IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹126,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹126,000
Maximum16000₹126,000

Sprayking Agro IPO Prospectus

Sprayking Agro IPO Rating

17
2.5
Rating:Rated 2.5 stars

Vote Here ...

Sprayking Agro IPO Listing Date

Listing DateWednesday, September 14, 2016
BSE Script Code540079
NSE Symbol
Listing InM Group of Securities
ISININE537U01011
IPO Price₹21 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹21.00
₹24.00
₹21.75
₹24.00
₹21.80
270,000

Sprayking Agro IPO Reviews / Ratings

Company Contact Information

Sprayking Agro Equipment Ltd
GIDC, Phase II,
Plot No. 590, Dared,
Jamnagar

Phone: +91 288 2730750
Email: info@spraykingagro.com
Website: http://www.spraykingagro.com

Sprayking Agro IPO Registrar

Sharex Dynamic (India) Pvt Ltd
   Unit 1, Luthra Ind. Premises,
   Safed Pool, Andheri - Kurla Road,
   Andheri (East), Mumbai - 400 072

Phone: +91- 22 - 2851 5606
Email: sharexindia@vsnl.com
Website: http://www.sharexindia.com

Sprayking Agro IPO FAQs

  1. What is Sprayking Agro IPO?

    Sprayking Agro IPO is a SME IPO of 888,000 equity shares of the face value of ₹10 aggregating up to ₹1.86 Crores. The issue is priced at ₹21 per equity share. The minimum order quantity is 6000 Shares.

    The IPO opens on Aug 31, 2016, and closes on Sep 2, 2016.

    Sharex Dynamic (India) Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. When Sprayking Agro IPO will open?

    The Sprayking Agro IPO opens on Aug 31, 2016 and closes on Sep 2, 2016.

  3. What is the lot size of Sprayking Agro IPO?

    Sprayking Agro IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

  4. How to apply for Sprayking Agro IPO?

    You can apply in Sprayking Agro 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.

  5. When Sprayking Agro IPO allotment?

    The finalization of Basis of Allotment for Sprayking Agro IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sprayking Agro IPO allotment status.

  6. When is Sprayking Agro IPO listing date?

    The Sprayking Agro IPO listing date is on Wednesday, September 14, 2016.

Sprayking Agro IPO Message Board

Ranked Members  Ranked Members

Loading...
14. Kumawat Boy |Sep 26, 2016 13:49
going subscription now up up up up up up up up
13. PSR |Sep 19, 2016 11:19
IPO Mentor IPO Mentor (900+ Posts, 500+ Likes)
Subscriptions from the QIB and HNI are coming in the closing hours of the last day of the issue. By that time time limit set by most of the banks for accepting applications under ASBA is expiring leaving ''very less time'' or ''no time'' for retailers. This is to be kept in mind.

The issue is already subscribed 5% in Retail Category. Subscriptions in Shareholders Category too going on well. Inspite of large issue, it is certian that issue is going oversubscribe in all the categories.
12. STOCKT |Sep 15, 2016 10:08
EVEN PANTHOMATH CAPITAL SME HAVE STATED UNDERPERFORMING

DESPITE SPRAYKING GETTING SUBSCRIBED MORE THAN 6 TIMES. ITS NOT AVAILABLE TA SAME ISSUE PRICE. SAME WITH NARAYANI STEEL

WHY DO HELL PEOPLE APPLY FOR SME WHEN THEY ARE AVAILABLE AT SAME PRICE AFTER LISTING.

12.1. SNBC |Sep 18, 2016 20:57
Yes u are ryt bro
Pantamoth seems to be in liquidity crunch.
Nor it is leaving much on the table.
11. CLD |Sep 8, 2016 21:50
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
listing on 14.09 on BSE SME platform
11.1. jagadish abbigeri |Sep 9, 2016 14:27
what would be the timing of listing of sme''s stocks
10. ROMIL |Sep 7, 2016 17:21
ALLOTMENT HAS COME CHECK IT NOW ON SHAREX
9. ROMIL |Sep 7, 2016 16:02
WHAT IS THE EXPECTATION OF RATIO ALLOTMENT AND LISTING DATE
8. DURAI GOUNDER |Sep 7, 2016 13:28
Dear Durairaj . what is the expected date of allotment. And listing gain.
8.1. Durairaj,Tirupur |Sep 7, 2016 23:22
Top Contributor Top Contributor (300+ Posts)
Allottment Out http://www.sharexindia.com/ipo.php?a=1

Listing may be on 9th or 13 th
7. DURAI GOUNDER |Sep 7, 2016 12:13
Dear Durairaj . what is the expected date of allotment. And listing gain.
6. Durairaj,Tirupur |Sep 2, 2016 18:12
Top Contributor Top Contributor (300+ Posts)
Finally subscribed by 7.21 times.
let''s see the listing day response.....
5. SURE |Sep 2, 2016 17:00
Bid and Quantity for SPRAYKING AGRO EQUIPMENT LTD
At BSE
Last updated on
9/2/2016 4:50:40 PM

Total      61,50,000 SHARES 6.9 Times
4. Durairaj,Tirupur |Sep 1, 2016 19:57
Top Contributor Top Contributor (300+ Posts)
Looks Interesting subscribed by 1.64 times with bids for 14,64,000 shares by EOD 01.09.2016
3. CAN |Aug 31, 2016 18:10
Bid and Quantity for SPRAYKING AGRO EQUIPMENT LTD
At BSE
Last updated on
8/31/2016 6:00:29 PM
Price ()       Quantity
21.00      36,000
Cut-off      12,000
Total      48,000
3.1. jagadish abbigeri |Sep 10, 2016 20:52
What would be the timing of listing of sme''''s IPOs
2. CAN |Aug 31, 2016 11:11
http://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=1170&type=FPO&idtype=1&status=L&IPONo=1242&startdt=8/31/2016
1. K Patalia |Aug 31, 2016 08:49
Whether Apply?
1.1. Kishor Asher |Aug 31, 2016 18:04
No, because latest financial statement available in RHP is as on 30.09.2015. They could have given for the period 31.03.2016.







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