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 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

Supershakti Metaliks IPO Date Jul 17, 2018 to Jul 20, 2018
Supershakti Metaliks IPO Face Value ₹10 per share
Supershakti Metaliks IPO Price ₹375 per share
Supershakti Metaliks IPO Lot Size 300 Shares
Issue Size1,600,200 shares of ₹10
(aggregating up to ₹60.01 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
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.

Supershakti Metaliks IPO Timeline (Tentative Timetable)

Supershakti Metaliks IPO opens on Jul 17, 2018, and closes on Jul 20, 2018. The Supershakti Metaliks IPO bid date is from Jul 17, 2018 10.00 A.M. to Jul 20, 2018 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
Supershakti Metaliks IPO Opening Date Jul 17, 2018
Supershakti Metaliks IPO Closing Date Jul 20, 2018
Basis of Allotment Jul 25, 2018
Initiation of Refunds Jul 26, 2018
Credit of Shares to Demat Jul 27, 2018
Supershakti Metaliks IPO Listing Date Jul 30, 2018

Supershakti Metaliks IPO Lot Size

The Supershakti Metaliks IPO lot size is 300 shares. A retail-individual investor can apply for up to 1 lots (300 shares or ₹112,500).

Application Lots Shares Amount
Retail (Min) 1 300 ₹112,500
Retail (Max) 1 300 ₹112,500

Supershakti Metaliks IPO Review

With FY 18 earnings, company could do some wonders, but sustainability of the same trends going forward is a major concern. Hence cash surplus, risk savvy investors may consider investment for long term.

Read detail review...

Supershakti Metaliks IPO Subscription Status (Bidding Detail)

The Supershakti Metaliks IPO is subscribed 1.14 times on Jul 20, 2018 6:30:02 PM. The public issue subscribed 0.42 times in the retail category, times in the QIB category, and 1.87 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Supershakti Metaliks IPO Prospectus

Supershakti Metaliks IPO Rating

Rating:Rated 3.0 stars
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Supershakti Metaliks IPO Listing Date

Listing Date Monday, July 30, 2018
BSE Script Code 541701
NSE Symbol
Listing In MT Group of Securities
IPO Price ₹375 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

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

Phone: +91-22-6263 8200

Supershakti Metaliks IPO Review

Supershakti Metaliks IPO Recommendation Summary

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Supershakti Metaliks IPO FAQs

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 is priced at ₹375 per share. The minimum order quantity is 300 Shares.

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.

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

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

You can apply in Supershakti Metaliks 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 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.

The Supershakti Metaliks IPO listing date is on Monday, July 30, 2018.
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Supershakti Metaliks IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



15. VIE |   Link |Jul 30, 2018 7:43:01 PM
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 |   Link |Jul 30, 2018 9:54:50 AM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Open at rs 377.10.
13. VIE |   Link |Jul 30, 2018 9:33:15 AM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
IEP on
12. VIE |   Link |Jul 30, 2018 9:16:13 AM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Best of luck to all allottees.
HAPPY investing
11. VIE |   Link |Jul 20, 2018 8:13:38 PM
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 |   Link |Jul 19, 2018 11:54:13 AM
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 |   Link |Jul 18, 2018 1:19:52 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
8. Aniketiaf |   Link |Jul 17, 2018 3:48:54 PM
IPO Guru IPO Guru (1800+ Posts, 10200+ Likes)

7. IPOANALYSIS |   Link |Jul 17, 2018 2:32:02 PM

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 |   Link |Jul 17, 2018 12:37:04 PM
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.
5. Abhishek Shahi |   Link |Jul 17, 2018 10:51:26 AM
over valuation
4. kingsuper |   Link |Jul 14, 2018 11:33:21 PM
Avoid This ipo 100% loss
3. hbk |   Link |Jul 10, 2018 7:54:36 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
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 |   Link |Jul 14, 2018 9:03:06 AM
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 |   Link |Jul 14, 2018 12:15:16 PM
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 |   Link |Jul 11, 2018 11:53:03 AM
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 |   Link |Jul 10, 2018 9:30:25 PM
Wah just before IPO the profits jumped at that rate. Clearly to lower pe. Never seen such jump ever. What a cooked financials.