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
Shareholders.
The objectives of the fresh issue are:
(a) Working Capital Requirements;
(b) Funding expenditure for General Corporate Purposes

Supershakti Metaliks IPO Details

IPO Opening Date	Jul 17, 2018
IPO Closing Date	Jul 20, 2018
Issue Type	Fixed Price Issue IPO
Face Value	₹10 per equity share
IPO Price	₹375 per equity share
Market Lot	300 Shares
Min Order Quantity	300 Shares
Listing At	BSE SME
Issue Size	1,600,200 Eq Shares of ₹10 (aggregating up to ₹60.01 Cr)

Supershakti Metaliks IPO Tentative Timetable

The Supershakti Metaliks IPO open date is Jul 17, 2018, and the close date is Jul 20, 2018. The issue may list on Jul 30, 2018.

IPO Open Date	Jul 17, 2018
IPO Close Date	Jul 20, 2018
Basis of Allotment Date	Jul 25, 2018
Initiation of Refunds	Jul 26, 2018
Credit of Shares to Demat Account	Jul 27, 2018
IPO Listing Date	Jul 30, 2018

Supershakti Metaliks IPO Lot Size

The Supershakti Metaliks IPO market 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 (Cut-off)
Minimum	1	300	₹112,500
Maximum	1	300	₹112,500

Supershakti Metaliks IPO Subscription Status (Bidding Detail)

The Supershakti Metaliks IPO is subscribed 1.14x times on Jul 20, 2018 18:30. The public issue subscribed 0.42x in the retail category, in the QIB category, and 1.87x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
NII	1.87x
RII	0.42x
Total	1.14x

Supershakti Metaliks IPO Prospectus

Supershakti Metaliks IPO Rating

3.0

Rating:

Vote Here ...

Supershakti Metaliks IPO Listing Date

Listing Date	Monday, July 30, 2018
BSE Script Code	541701
NSE Symbol
Listing In	MT
ISIN	INE00SY01011
IPO Price	₹375 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE SME
₹375.00
₹377.10
₹375.50
₹379.00
₹376.50
242,400

Supershakti Metaliks IPO Reviews / Ratings

Dilip Davda - Other

Company Contact Information

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

Phone: +91 33 2289 2734/35
Email: info@ssml.in
Website: http://www.supershaktimetaliks.com/

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
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Supershakti Metaliks IPO Lead Manager(s)

Aryaman Financial Services limited

Lead Manager Reports

Supershakti Metaliks IPO FAQs

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 is priced at ₹375 per equity 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.
When Supershakti Metaliks IPO will open?

The Supershakti Metaliks IPO opens on Jul 17, 2018 and closes on Jul 20, 2018.
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.
How to apply for Supershakti Metaliks IPO?

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.
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.
When is Supershakti Metaliks IPO listing date?

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

Supershakti Metaliks IPO Message Board

Ranked Members

15. VIE |Jul 30, 2018 20:43

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 10:54

IPO Mentor (500+ Posts, 500+ Likes)

Open at rs 377.10.

13. VIE |Jul 30, 2018 10:33

IPO Mentor (500+ Posts, 500+ Likes)

IEP on
BSE-375.10

12. VIE |Jul 30, 2018 10:16

IPO Mentor (500+ Posts, 500+ Likes)

Best of luck to all allottees.
HAPPY investing

11. VIE |Jul 20, 2018 21:13

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 12:54

IPO Guru (1700+ Posts, 1300+ Likes)

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 14:19

IPO Guru (1200+ Posts, 1100+ Likes)

Avoid.

8. Aniketiaf |Jul 17, 2018 16:48

IPO Guru (1300+ Posts, 8100+ Likes)

NOW IT'S CONFIRM.......

HDFC AMC IPO OPENING ON 25 JULY TO 27 JULY 18.

7. IPOANALYSIS |Jul 17, 2018 15:32

IPO Guru (1700+ Posts, 1300+ Likes)

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 13:37

IPO Guru (1700+ Posts, 1300+ Likes)

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 |Jul 17, 2018 11:51

over valuation

4. kingsuper |Jul 15, 2018 00:33

Avoid This ipo 100% loss

3. hbk |Jul 10, 2018 20:54

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 10:03

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 13:15

IPO Guru (1700+ Posts, 1300+ Likes)

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 12:53

IPO Guru (1700+ Posts, 1300+ Likes)

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 22:30

IPO Guru (1700+ Posts, 1300+ Likes)

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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