IPO Issue Details
Issue Price / Price Band₹20 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size30,00,000 shares (aggregating up to ₹6.00 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 04 May 2016
Subscription CloseMon, 09 May 2016
Anchor AllotmentTue, 03 May 2016
Basis of AllotmentSun, 15 May 2016
Initiation of RefundsMon, 16 May 2016
Credit of Shares to DematMon, 16 May 2016
Listing DateTue, 17 May 2016
UPI Mandate Deadline2016-05-09
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 6,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 12,000 shares
Net Offer to Public28,44,000 shares (aggregating up to ₹5.69 Cr)
Reserved for Market Maker1,56,000 shares (aggregating up to ₹0.3120 Cr)
Pre-IPO Promoter Holding83,71,600 shares
Post-IPO Promoter Holding1,13,71,600 shares
About Sagardeep Alloys Ltd.
Incorporated in 2007, Sagardeep Alloys Limited is in the business of manufacturing and trading copper and brass products such as pipes & tubes and trading of stainless steel, copper, brass and other metal products. The company is supplying its products in domestic market.The Company is engaged in the business of manufacturing of Copper Pipes, Flats, Coils, Rods, Plates and Copper Alloys Consumables and trading of Ferrous and Non ferrous Metals and alloys. The Factory is located at Block No 2070, Rajnagar Patiya, Santej Khatraj Road, Santej, Taluka-Kalol, Ghandhinagar-382721, Gujarat (India).The Company has got ISO 9001:2008 certification for 'Manufacturing and Supply of Copper Pipes, Tubes, Flats, Coils, Rods, Nuggets, Plates and Copper Alloys Consumables and Trading and Supply of Ferrous and Non Ferrous Metals and Alloys' from BSCIC.Company's products are industrial in nature and are utilized in various industries such as Air Conditioning and Refrigeration, Engineering & Gas Application etc. Company's Clientele list includes some reputed Govt. undertakings, Public Sector undertakings and Engineering Giants.
Objects of the Issue
Sagardeep Alloys Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Long Term Working Capital requirements
6.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
83,71,600 shares
Post-IPO Promoter Holding
1,13,71,600 shares