Issue Price
₹21
Per Share
GMP
NIL
Grey Market
Est. Listing
₹21
Expected Price
Min. Application
₹252,000
2 lots × 6000 shares
Incorporated in 2005, Sprayking Agro Equipment Limited is engaged in manufacturing of Brass Equipment. Company manufactures and sells agriculture brass components, plumbing and sanitary fittings in India. Information in this paragraph is taken from chittorgarh.com, India's No. 1 IPO Investment Portal.They also manufacture Auto and Electrical parts, Fitting Parts, etc made of Brass.Sprayking Agro is the Leading manufacturer of the Sprayer's parts such as Sprayer, knapsack sprayer, agricultural sprayer, plastic sprayer, garden sprayer, backpack sprayer, hand sprayer, sprayers, pressure sprayer, power sprayer, agriculture sprayer and compression sprayers as well as nut nipples. Discuss this IPO on Chittorgarh.com, the most active IPO discussion forum.It supplies agriculture equipment to industrial users, such as agriculture spray manufacturers and manufacturers of other allied products; and plumbing and other equipment to traders in retail market.They use brass scrap as raw material which is imported from USA, UK and other European Countries and convert the scrap into finished goods.
Sprayking Agro Equipment Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 48,000 | — | ₹0.10 Cr | — |
| TOTAL | 888,000 | 100.00% | ₹1.86 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹126,000 |
| Retail (Max) | 13 | 78,000 | ₹1,638,000 |
| sNII (Min) | 14 | 84,000 | ₹1,764,000 |
| bNII (Min) | 68 | 408,000 | ₹8,568,000 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | N/A | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | N/A | N/A | N/A |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |