Supershakti Metaliks Limited IPO (Supershakti Metaliks IPO) Detail

Jul 17, 2018 - Jul 20, 2018

Incorporated in 2012, Kolkata based Supershakti Metaliks Limited is a company engaged in the business of providing diversified products of steel. The company forms part of Sai Group which has carved itself into a well-known group and established it's goodwill in the iron and steel manufacturing industry. The company's manufacturing plant is located in Durgapur.

The Company enjoys a wide product range with diverse applications across downstream sectors. It possesses multiple manufacturing processes within the Plant with the ability to address customer orders with shrinking turnaround time. The Company has the widest range of products enabling it to cater to a wide spectrum of applications across the industries and balancing it out from market volatilities.

The company has 376 employees on its payroll.

Company Promoters:

The promoters of the company are:
1. Mr. Dilipp Agarwal (Individual Promoter)
2. Mr. Deepak Agarwal (Individual Promoter)
3. Veerbhadra Sales Private Limited (Corporate Promoter)
4. Khandelwal Finance Private Limited (Corporate Promoter)

The Promoters hold (in aggregate) 12,54,536 Equity Shares, representing up to 25.28% of the issued, subscribed and paid-up Equity Share capital of the Company.

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 11,902.75 16,699.84 16,699.84 0.68 0.80
Total Revenue 36,008.73 30,102.41 24,566.87 -- --
Profit After Tax 1,238.08 57.84 71.85 (0.12) (0.12)

Objects of the Issue:

The Issue comprises of a Fresh Issue and an Offer for Sale by the Promoters.
The Company will not receive any proceeds of the Offer for Sale by the Promoters and Promoter Group Selling
The objectives of the fresh issue are:
(a) Working Capital Requirements;
(b) Funding expenditure for General Corporate Purposes

Supershakti Metaliks IPO Details

IPO DateJul 17, 2018 - Jul 20, 2018
Issue TypeFixed Price Issue IPO
Issue Size1,600,200 Eq Shares of ₹10
(aggregating up to ₹60.01 Cr)
Face Value₹10 Per Equity Share
IPO Price₹375 Per Equity Share
Market Lot300 Shares
Min Order Quantity300 Shares
Listing AtBSE SME

Supershakti Metaliks IPO Tentative Date / Timetable

Bid/Offer Opens OnJul 17, 2018
Bid/Offer Closes OnJul 20, 2018
Finalisation of Basis of AllotmentJul 25, 2018
Initiation of RefundsJul 26, 2018
Credit of Shares to Demat AcctJul 27, 2018
IPO Shares Listing DateJul 30, 2018

Supershakti Metaliks IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)

Supershakti Metaliks IPO Subscription Status (Bidding Detail)

Supershakti Metaliks IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time




Shares Offered




Jul 20, 2018 18:30




Supershakti Metaliks IPO Prospectus

Supershakti Metaliks IPO Rating

Rating:Rated 3.0 stars

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Supershakti Metaliks IPO Listing Date

Listing DateMonday, July 30, 2018
BSE Script Code541701
NSE Symbol
Listing InMT
IPO Price₹375 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

IPO Price
Last Trade

Supershakti Metaliks IPO Reviews / Ratings

Company Contact Information

Supershakti Metaliks Limited
39, Shakespeare Sarani,
3rd Floor, Kolkata
West Bengal - 700017

Phone: +91 33 2289 2734/35

Supershakti Metaliks 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

Supershakti Metaliks IPO FAQs

  1. 1. What is Supershakti Metaliks IPO?

    Supershakti Metaliks IPO is a SME IPO of 1,600,200 equity shares of the face value of ₹10 aggregating up to ₹60.01 Crores.

    The issue price of the IPO is ₹375 Per Equity Share. The minimum order quantity is 300 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Jul 17, 2018 and closes on Jul 20, 2018.

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

  2. 2. When Supershakti Metaliks IPO will open?

    The Supershakti Metaliks IPO opens on Jul 17, 2018 and closes on Jul 20, 2018.

  3. 3. How to apply for Supershakti Metaliks IPO?

    Supershakti Metaliks 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 Supershakti Metaliks IPO allotment?

    The finalization of Basis of Allotment for Supershakti Metaliks IPO will be done on Jul 25, 2018, and the allotted shares will be credited to your demat account by Jul 27, 2018. Check the Supershakti Metaliks IPO allotment status.

  5. 5. When is Supershakti Metaliks IPO listing date?

    The Supershakti Metaliks IPO listing date is on Monday, July 30, 2018, at BSE SME.
  6. 6. What is the lot size of Supershakti Metaliks IPO?

    Supershakti Metaliks IPO lot size is 300 Shares and the minimum order quantity is 300 Shares.

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Supershakti Metaliks IPO Review / Comments

15. VIE  Jul 30, 2018 19:43
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
todays price
Open: 377.10
High : 379.00
Low : 375.50
Close: 376.50
listing as per expected line.bakwas ipo
14. VIE  Jul 30, 2018 09:54
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Open at rs 377.10.
13. VIE  Jul 30, 2018 09:33
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
IEP on
12. VIE  Jul 30, 2018 09:16
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Best of luck to all allottees.
HAPPY investing
11. VIE  Jul 20, 2018 20:13
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
ultimately one more ipo sail sucessfuly inpite of weak market and over valuation.retail subcribed by 0.42 nii by 1.87.
10. IPOANALYSIS  Jul 19, 2018 11:54
All the subscription is fake as internal finance company can apply as promoter is in finance . Remember promoter will be happy even half of the people subscribe their issue .they still will get 30 crore in their pocket. Nothing left for retailers in this issue as such large issue should always come with very less PE.
9. DownriteVJ  Jul 18, 2018 13:19
IPO Guru IPO Guru (1200+ Posts, 1100+ Likes)
8. Aniketiaf  Jul 17, 2018 15:48
IPO Guru IPO Guru (1000+ Posts, 6400+ Likes)

7. IPOANALYSIS  Jul 17, 2018 14:32

hi everyone,

I want to remind you all that check the LM issues which they used to price 1 year back or so .
it was so tempting and reason for giving listing gain as well as long term

just when the greedy LM started pricing issues higher they caused this mess.
if LM would have made pricing similar to earlier times it would have overall good sentiments

dont you all think it is our duty to teach such greedy LM a lesson by not applying.

Please consider this as you will do good for quality sme to come onnly and with good price else these greedy company and LM will keep coming up with new issues
6. IPOANALYSIS  Jul 17, 2018 12:37
It should have price at 150 rs. They have almost double the price. Not sure who will apply. I think aryaman would have to themselves buy .Appreciate the guts of lm to come at such price in such market condition. Woow.
Abhishek Shahi
5. Abhishek Shahi  Jul 17, 2018 10:51
over valuation
4. kingsuper  Jul 14, 2018 23:33
Avoid This ipo 100% loss
3. hbk  Jul 10, 2018 19:54
1. OFS plus Fresh issue
2. 21 times jump in PAT in last year, inspite of just 20% increase in Sales
3. Asking Price Rs. 375 (for SME)
4. Aryaman is LM
5. Listing on BSE Platform

Enough reasons to AVOID
3.1. SRINIVAS MOORTHY  Jul 14, 2018 09:03
Having assets worth 112 crs , it has coem down from 166 cr of 2017 , IS the asset sales resulted to jump in profit ?
3.2. IPOANALYSIS  Jul 14, 2018 12:15
They do it as pe is calculated .Mostly on latest earning . This is a plan to do it just before coming up with Ipo. Simply avoid. This is such a large issue that it will be easily available around issue price and therefore no use to apply at all.
2. IPOANALYSIS  Jul 11, 2018 11:53
No matter how much pe they show by showing high profit this quarter this one is clear avoid. Even if it would have come below 100 rs issue I would not have applied. How come they try to get to that price is surprising. Again LM and underwriter will need to forcefully get issue subscribed
1. IPOANALYSIS  Jul 10, 2018 21:30
Wah just before IPO the profits jumped at that rate. Clearly to lower pe. Never seen such jump ever. What a cooked financials.

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