Starlit Power Systems Limited IPO (Starlit Power IPO) Detail

Sep 29, 2014 - Oct 10, 2014

Starlit Power Systems Limited (SPSL) belongs to diversified Starlit Group. It is engaged in Smelting of Battery & Lead Scrap, manufacture, supply and export of pure lead, different Lead Alloys like Calcium Aluminum alloy Antimonial Alloy and Selenium Alloy, Lead Oxides like Lead Sub Oxide and Red Lead. SPSL has the smelting capacity of 15000 MT per annum and refining/alloying capacity of over 12000 MT per annum with technical capacity to convert assorted heterogeneous lead scrap into pure lead of up to 99.98 % purity.

It uses its captive producer gas as a fuel for all smelting and refining operations thereby considerably reducing dependence on Hydro-carbons like furnace oil and diesel. The biomass gassifier technology is Developed by TERI and approved by Ministry of New & Renewable Energy, Government of India.

Recently, SPSL has commissioned its battery project with the capacity to produce 10,000 batteries for automotive and inverter applications. Lead being an essential input in battery manufacturing and comprising over two-third of the battery cost, for this forward integration of converting the Company produced lead into batteries was a logical step forward for the Company. This project has gone on stream in July, 2014.

Objects of the Issue:

The objects of the Issue are:

1. Working Capital requirements;
2. General Corporate Purposes and
3. Issue Expenses

Starlit Power IPO Details

IPO DateSep 29, 2014 - Oct 10, 2014
Issue TypeFixed Price Issue IPO
Issue Size1,640,000 Eq Shares of ₹10
(aggregating up to ₹2.95 Cr)
Face Value₹10 Per Equity Share
IPO Price₹18 Per Equity Share
Market Lot8000 Shares
Min Order Quantity8000 Shares
Listing AtBSE SME

Starlit Power IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)

Starlit Power IPO Prospectus

Starlit Power IPO Rating

Rating:Rated 3.9 stars

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Starlit Power IPO Listing Date

Listing DateWednesday, October 22, 2014
BSE Script Code538733
NSE Symbol
Listing InMT
IPO Price₹18 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

IPO Price
Last Trade

Starlit Power IPO Reviews / Ratings

Company Contact Information

Starlit Power Systems Limited
A – 1/20, LGF, Safdarjung Enclave,
New Delhi – 110029, India

Phone: (011) 26102570

Starlit Power IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200

Starlit Power IPO FAQs

  1. 1. What is Starlit Power IPO?

    Starlit Power IPO is a SME IPO of 1,640,000 equity shares of the face value of ₹10 aggregating up to ₹2.95 Crores.

    The issue price of the IPO is ₹18 Per Equity Share. The minimum order quantity is 8000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Sep 29, 2014 and closes on Oct 10, 2014.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When Starlit Power IPO will open?

    The Starlit Power IPO opens on Sep 29, 2014 and closes on Oct 10, 2014.

  3. 3. How to apply for Starlit Power IPO?

    Starlit Power IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Starlit Power IPO allotment?

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

  5. 5. When is Starlit Power IPO listing date?

    The Starlit Power IPO listing date is on Wednesday, October 22, 2014, at BSE SME.
  6. 6. What is the lot size of Starlit Power IPO?

    Starlit Power IPO lot size is 8000 Shares and the minimum order quantity is 8000 Shares.

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Starlit Power IPO Review / Comments

1. DURAISWAMY  Oct 16, 2014 21:48
Dhabriya Polywood Limited IPO is LISTING ON 17-10-2014

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