Supershakti Metaliks IPO

Supershakti Metaliks IPOBusiness description - Supershakti Metaliks was incorporated on 12 December 2012 as ‘Quentz Dealtrade Private Limited’ but was renamed vide special resolution passed at the Extra Ordinary General Meeting held on 22 October 2014. The company provides diversified products of steel, manufactured at its plant located at Kanjilal Avenue, Opp. DPL Zone “B” Substation, Durgapur – 713210 spread over 11.27 acres. The plant is fully geared with latest technologies to provide competitive edge in the industry.

The company is operating a Steel Melting Section with installed capacity of 1,35,000 MTPA to produce semi finished product (i.e. Billet) and Rolling Mill Section with installed capacity of 1,62,000 MTPA to produce Wire Rods, HB Wires, Binding Wires etc. in its plant. The company is using Electrotherm equipments for Induction furnace and Armech Engineering machineries for its Block Mill.

Promoters of Supershakti Metaliks – Mr Dilipp Agarwal, Mr Deepak Agarwal, Veerbhadra Sales Private Limited & Khandelwal Finance Private Limited
Supershakti Metaliks IPO details
Subscription Dates 17 - 20 July 2018
IPO Price band INR375 per share
Fresh issue 800,200 shares (INR30.01 crore)
Offer for sale 800,000 shares (INR30.00 crore)
Total IPO size 1,600,200 shares (INR60.01 crore)
Minimum bid (lot size) 300 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
Use of funds
  • Working Capital Requirements - INR23.20 crore
  • General Corporate Purpose - INR6.34 crore
  • Issue Expenses - INR0.46 crore
Supershakti Metaliks' financial performance (in INR lakh)
FY2014 FY2015 FY2016 FY2017 FY2018
Total revenue 0.0 0.0 24,566.9 30,102.4 36,008.7
Total expenses 0.1 0.1 24,466.8 30,026.6 34,118.5
Profit after tax -0.1 -0.1 71.8 57.8 1,238.1

 

Supershakti Metaliks' Contact Details

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

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

Supershakti Metaliks IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.55
Day 2 0.73
Day 3 0.88
Day 4 1.08

 

Supershakti Metaliks Valuation (For latest FY)

Earnings Per Share (EPS): INR24.95

Price/Earnings (P/E) ratio: 15.03

Return on Net Worth (RONW): 22.68%

Net Asset Value (NAV): INR110.03 per share

Registrar of Supershakti Metaliks IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 ipo@bigshareonline.com
Website: www.bigshareonline.com

Supershakti Metaliks IPO Allotment Status

Supershakti Metaliks IPO allotment status will be available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Supershakti Metaliks

IPO Opening Date: 17 July 2018

IPO Closing Date: 20 July 2018

Finalisation of Basis of Allotment: 25 July 2018

Initiation of refunds: 26 July 2018

Transfer of shares to demat accounts: 27 July 2018

Listing Date: 30 July 2018

Listing Price on BSE SME: INR377.10 per share (up 0.56% from IPO price)

Closing Price on BSE SME: INR376.50 per share (up 0.40% from IPO price)

Supershakti Metaliks IPO
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One thought on “Supershakti Metaliks IPO

  • July 11, 2018 at 9:06 AM
    Permalink

    Wow, high profits just before IPO! Sure shot indication the books are cooked.

    Reply

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