| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹14.30 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹14.30 Cr |
| Fresh Issue | ₹13.59 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน143.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544083 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Swastika Investmart Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To Meet Incremental Working Capital Requirements | 10.60 |
| 2 | General Corporate Purposes | 3.00 |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 22.34 | 16.18 | 12.85 | 13.01 |
| Total Income | 42.85 | 47.23 | 47.18 | 35.97 |
| Profit After Tax | 1.42 | 2.02 | 0.06 | 0.13 |
| NET Worth | 4.10 | 2.68 | 0.66 | 0.60 |
| Reserves and Surplus | 1.64 | 2.47 | 0.45 | 0.39 |
| Total Borrowing | 6.07 | 7.17 | 6.89 | 7.95 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 120.91% |
| ROCE | 78.52% |
| Debt / Equity | 2.68% |
| RoNW | 75.36% |
| PAT Margin | 4.27% |
| Price to Book Value | 1.09 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 8.20 | 8.21 |
| P/E (x) | 17.44 | 17.42 |
| Promoter Holding | 82.00% | 58.30% |
| Market Cap | โน49.48 Cr. | |