Sharp Chucks And Machines Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹58 - ₹58
- Lot size
- 2,000 shares
- Issue amount
- ₹16.84 cr
- Total subscription
- 51.28×
- Opens
- 29 Sept 2023
- Closes
- 5 Oct 2023
- Allotment
- 9 Oct 2023
- Listing
- 12 Oct 2023
Offer at a glance
Issue overview
- Issue size
- 29,04,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,16,000
- Fresh issue
- ₹5.66 cr
- Offer for sale
- ₹11.19 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,16,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 97,84,308
- Shares after issue
- 1,27,84,308
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,16,000 |
| HNI | 2 | 4,000 | ₹2,32,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 7.99 | 509.07 |
| NIB | 7.99 | 310.64 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 5.18 |
| ROE | 10.17 |
| ROCE | 11 |
| RONW | 9.68 |
| PRE IPO(PE) | 11.2 |
| POST IPO(PE) | 12.31 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 1994, Sharp Chucks and Machines Limited manufactures forging and graded casting machined components for tractors, automobiles, and other equipment, along with machine tool accessories such as power chucks, lathe chucks, and drill chucks. Its product portfolio spans forging items like hammers, axes, spanners, and wrenches; casting products including brake housings, piston trumpet housings, wheel hubs, and gearboxes; and various machine components. The company operates two manufacturing units in Jalandhar, comprising three foundries with a 30,000 MTPA capacity, machining facilities with 14,400 MTPA capacity, and a forging unit with 3,600 MTPA capacity.
Promoters
Mr. Ajay Sikka
Ms. Gopika Sikka
Registrar & documents
Lead manager
Fedex Securities Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
A-12 Industrial Development Colony Jalandhar - 144012
+0181 -2610341
[email protected]Company website ↗Understanding SCML IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.