shree maryti nandan tubes
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jan 12 to Jan 16, 2024
Price Band
₹143
Current GMP
₹200 (39.86%)
Subscription
44.79 times
IPO Details
| IPO Date | January 12, 2024 to January 16, 2024 |
| Listing Date | Friday, January 19, 2024 |
| Face Value | ₹10 per share |
| Price | ₹143 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 1,000,000 shares (aggregating up to ₹14.30 Cr) |
| Fresh Issue | 1,000,000 shares (aggregating up to ₹14.30 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 2,460,000 |
| Share holding post issue | 3,460,000 |
| Market Maker portion | 50,000 shares Swastika Investmart |
IPO Date
January 12, 2024 to January 16, 2024
Listing Date
Friday, January 19, 2024
Face Value
₹10 per share
Price
₹143 per share
Lot Size
1000 Shares
Total Issue Size
1,000,000 shares (aggregating up to ₹14.30 Cr)
Fresh Issue
1,000,000 shares (aggregating up to ₹14.30 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME
Share holding pre issue
2,460,000
Share holding post issue
3,460,000
Market Maker portion
50,000 shares Swastika Investmart
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers* | 32.15 |
| Retail Investors | 56.53 |
| Total ** | 44.79 |
Market Maker
1
Non-Institutional Buyers*
32.15
Retail Investors
56.53
Total **
44.79
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Jan 12, 2024 | 3.67 | 6.69 | 5.18 |
| Day 2 Jan 15, 2024 | 9.71 | 30.32 | 20.02 |
| Day 3 Jan 16, 2024 | 32.15 | 56.53 | 44.79 |
DayDay 1
Jan 12, 2024
NII*3.67
Retail6.69
Total5.18
DayDay 2
Jan 15, 2024
NII*9.71
Retail30.32
Total20.02
DayDay 3
Jan 16, 2024
NII*32.15
Retail56.53
Total44.79
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 19-01-2024 | 143.00 | 17 (11.89%) | 160 |
| 18-01-2024 | 143.00 | 17 (11.89%) | 160 |
| 17-01-2024 | 143.00 | 12 (8.39%) | 155 |
| 16-01-2024 | 143.00 | 12 (8.39%) | 155 |
| 15-01-2024 | 143.00 | 12 (8.39%) | 155 |
| 14-01-2024 | 143.00 | 18 (12.59%) | 161 |
| 13-01-2024 | 143.00 | 27 (18.88%) | 170 |
| 12-01-2024 | 143.00 | 32 (22.38%) | 175 |
| 11-01-2024 | 143.00 | 32 (22.38%) | 175 |
| 10-01-2024 | 143.00 | 32 (22.38%) | 175 |
| 09-01-2024 | 143.00 | 0 (0%) | 143 |
Date19-01-2024
Price143.00
GMP17 (11.89%)
Estimate List Price160
Date18-01-2024
Price143.00
GMP17 (11.89%)
Estimate List Price160
Date17-01-2024
Price143.00
GMP12 (8.39%)
Estimate List Price155
Date16-01-2024
Price143.00
GMP12 (8.39%)
Estimate List Price155
Date15-01-2024
Price143.00
GMP12 (8.39%)
Estimate List Price155
Date14-01-2024
Price143.00
GMP18 (12.59%)
Estimate List Price161
Date13-01-2024
Price143.00
GMP27 (18.88%)
Estimate List Price170
Date12-01-2024
Price143.00
GMP32 (22.38%)
Estimate List Price175
Date11-01-2024
Price143.00
GMP32 (22.38%)
Estimate List Price175
Date10-01-2024
Price143.00
GMP32 (22.38%)
Estimate List Price175
Date09-01-2024
Price143.00
GMP0 (0%)
Estimate List Price143
IPO Important Dates
| IPO Open Date | Friday, January 12, 2024 |
| IPO Close Date | Tuesday, January 16, 2024 |
| Basis of Allotment | Wednesday, January 17, 2024 |
| Initiation of Refunds | Thursday, January 18, 2024 |
| Credit of Shares to Demat | Thursday, January 18, 2024 |
| Listing Date | Friday, January 19, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 16, 2024 |
IPO Open Date
Friday, January 12, 2024
IPO Close Date
Tuesday, January 16, 2024
Basis of Allotment
Wednesday, January 17, 2024
Initiation of Refunds
Thursday, January 18, 2024
Credit of Shares to Demat
Thursday, January 18, 2024
Listing Date
Friday, January 19, 2024
Cut-off time for UPI mandate confirmation
5 PM on January 16, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹143,000 |
| Retail (Max) | 1 | 1000 | ₹143,000 |
| HNI (Min) | 2 | 2,000 | ₹286,000 |
ApplicationRetail (Min)
Lots1
Shares1000
Amount₹143,000
ApplicationRetail (Max)
Lots1
Shares1000
Amount₹143,000
ApplicationHNI (Min)
Lots2
Shares2,000
Amount₹286,000
Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 2,234.29 | 1,617.60 | 1,284.83 |
| Revenue | 4,284.64 | 4,722.58 | 4,718.49 |
| Profit After Tax | 141.99 | 201.76 | 6.01 |
| Net Worth | 409.70 | 267.74 | 65.98 |
| Reserves and Surplus | 163.73 | 247.24 | 45.48 |
| Total Borrowing | 607.28 | 716.90 | 688.89 |
Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 20232,234.29
31 Mar 20231,617.60
31 Mar 20221,284.83
Period EndedRevenue
30 Sep 20234,284.64
31 Mar 20234,722.58
31 Mar 20224,718.49
Period EndedProfit After Tax
30 Sep 2023141.99
31 Mar 2023201.76
31 Mar 20226.01
Period EndedNet Worth
30 Sep 2023409.70
31 Mar 2023267.74
31 Mar 202265.98
Period EndedReserves and Surplus
30 Sep 2023163.73
31 Mar 2023247.24
31 Mar 202245.48
Period EndedTotal Borrowing
30 Sep 2023607.28
31 Mar 2023716.90
31 Mar 2022688.89
Key Performance Indicator
| ROE | 120.91% |
| ROCE | 78.52% |
| Debt/Equity | 2.68 |
| RoNW | 75.36% |
| P/BV | 1.09 |
| EPS (Rs) | 8.2 |
ROE
120.91%
ROCE
78.52%
Debt/Equity
2.68
RoNW
75.36%
P/BV
1.09
EPS (Rs)
8.2
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 50,000 (5.00%) |
| Other Shares Offered | 475,000 (47.50%) |
| Retail Shares Offered | 475,000 (47.50%) |
| Total Shares Offered | 1,000,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
50,000 (5.00%)
Other Shares Offered
475,000 (47.50%)
Retail Shares Offered
475,000 (47.50%)
Total Shares Offered
1,000,000 (100%)
Information about company
Incorporated in 2013, Shree Marutinandan Tubes Limited deals in Galvanized Tubes, Electrical Resistance Welded Mild Steel Tubes (ERW MS) in various specifications and sizes ranging from 15NB to 1000 NB, and Black Tubes and Solar Structural Tubes for sectors like Agriculture, Oil, Solar Energy, Healthcare, Housing, Irrigation, Engineering etc.
The company does not manufacture the equipment itself, but works with Shree Kamdhenu Machinery Private Limited, a contract manufacturing company, to manufacture the products according to the customer's specifications.
The company's product range also includes potato harvesters, grading machines, hoppers, peanut destoners, tube winders, and rotavators.
As of December 25, 2023, the company has 14 employees.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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