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Ultracab is Rajkot, Gujrat based manufacturers and exporters of electric wires and cables. Company exports its products to countries like UK, UAE, Africa, Singapore, Uganda etc. It also offers customized products as per requirement of user industry. It manufactures various ranges of cables and wires.
To part finance its working capital requirements, the company is coming out with an equity issue of 2214000 equity shares of Rs. 10 each at a fixed price of Rs. 36 per share to mobilize Rs. 7.97 crore.
The objects of the issue are:
1. Working capital requirements
2. Issue expenses
2. For general corporate purposes
| IPO Date | Sep 15, 2014 to Sep 23, 2014 |
| Listing Date | Oct 10, 2014 |
| Face Value | ₹10 per share |
| Price | ₹36 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 2,214,000 shares (aggregating up to ₹7.97 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
The Ultracab IPO lot size is 3000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹108,000 |
| Retail (Max) | 1 | 3000 | ₹108,000 |
| Lot Size Calculator | |||
[Dilip Davda]
SME investment is having entry barrier at entry and trading levels and many broking houses discourage marketing, recommendation and trading or deals on SME counters. Thus SME investment carries these additional blockades.
On merchant banker’s front, in past two mandates they have given marginal listing gains and currently quoting at better yields. Considering these, risks aver investors having surplus funds can park their money for medium to long term rewards. Others can just avoid it.
(Disclaimer: Author has no plans to invest in this IPO)
Read detail review...
| Listing Date | Oct 10, 2014 |
| BSE Script Code | 538706 |
| NSE Symbol | |
| ISIN | INE010R01015 |
| IPO Price | ₹36 per share |
| Price Details |
|---|
| IPO Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹36.00 |
| ₹38.00 |
| ₹38.00 |
| ₹38.70 |
| ₹38.05 |
Ultracab India Ltd
C-303, Imperial Heights,
150, Ring Road, Rajkot-05
Gujarat, India
Phone: +91 281 - 2588136 / 236
Email: ho@ultracab.in
Website: http://www.ultracab.in/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email:
Website: https://www.bigshareonline.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Ultracab IPO is a SME IPO of 2,214,000 equity shares of the face value of ₹10 aggregating up to ₹7.97 Crores. The issue is priced at ₹36 per share. The minimum order quantity is 3000 Shares.
The IPO opens on Sep 15, 2014, and closes on Sep 23, 2014.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Ultracab IPO opens on Sep 15, 2014 and closes on Sep 23, 2014.
Ultracab IPO lot size is 3000 Shares and the minimum order quantity is .
You can apply in Ultracab 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Ultracab IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ultracab IPO allotment status.
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