Issue Price
₹18
Per Share
GMP
NIL
Grey Market
Est. Listing
₹18
Expected Price
Min. Application
₹288,000
2 lots × 8000 shares
Incorporated in 2006, Nashik-based SM Auto Stamping Ltd (SMASL) is a manufacturer of precision sheet metal stamping and deep drawn components such as welded assemblies & press tools. The company focuses on customer needs and provide a direct solution in the automobile & engineering sector.It has a specialization in dealing with complex sheet metal pressed design, components, welding fixtures, high-quality stamping dies, welded assemblies for vehicles, high tonnage stamped components, and welding fixtures. The SMASL supplies products to TS 16949 certified clients.It has three manufacturing units located at Nashik (Maharashtra), Mumbai and Pune which are producing 6 million components per year. Currently, it has 350 direct and indirect employees.Some of the components of the company are automotive clutches, automotive propeller shaft drive, automotive brake system, and automative body trims.Competitive Strengths1. High-quality production standards2. Wide range of Sheet Metal components3. Long term working relationship with customers
SM Auto Stamping Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 200,000 | — | ₹0.36 Cr | — |
| TOTAL | 3,840,000 | 100.00% | ₹6.91 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 8,000 | ₹144,000 |
| Retail (Max) | 13 | 104,000 | ₹1,872,000 |
| sNII (Min) | 14 | 112,000 | ₹2,016,000 |
| bNII (Min) | 68 | 544,000 | ₹9,792,000 |
| Particulars | 30-Sept-19 (for 6 months) | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue from Operations | 3221.67 | 7630.09 | 6589.74 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 470.00 | 265.40 | 84.00 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 4725.75 | 5332.17 | 5289.03 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |