IPO Issue Details
Issue Price / Price Band₹375 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size300 Shares per Lot
Total Issue Size16,00,200 shares (aggregating up to ₹60.01 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 17 Jul 2018
Subscription CloseFri, 20 Jul 2018
Anchor AllotmentMon, 16 Jul 2018
Basis of AllotmentWed, 25 Jul 2018
Initiation of RefundsThu, 26 Jul 2018
Credit of Shares to DematFri, 27 Jul 2018
Listing DateMon, 30 Jul 2018
UPI Mandate Deadline2018-07-20
Application & Investment Details
Retail — Min (1 Lots)₹1,12,500 — 300 shares
Retail — Max (13 Lots)₹1,462,500 (13 Lots)
HNI — Min (2 Lots)₹2,25,000 — 600 shares
Net Offer to Public15,19,800 shares (aggregating up to ₹56.99 Cr)
Reserved for Market Maker80,400 shares (aggregating up to ₹3.02 Cr)
Pre-IPO Promoter Holding49,62,439 shares
Post-IPO Promoter Holding57,62,639 shares
Fresh Issue Shares7,19,800 shares (aggregating up to ₹26.99 Cr)
Offer for Sale Shares8,00,000 shares of ₹10 (aggregating up to ₹30.00 Cr)
About Supershakti Metaliks Ltd.
Incorporated in 2012, Kolkata based Supershakti Metaliks Limited is a company engaged in the business of providing diversified products of steel. The company forms part of Sai Group which has carved itself into a well-known group and established it's goodwill in the iron and steel manufacturing industry. The company's manufacturing plant is located in Durgapur.The Company enjoys a wide product range with diverse applications across downstream sectors. It possesses multiple manufacturing processes within the Plant with the ability to address customer orders with shrinking turnaround time. The Company has the widest range of products enabling it to cater to a wide spectrum of applications across the industries and balancing it out from market volatilities.The company has 376 employees on its payroll.
Objects of the Issue
Supershakti Metaliks Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital Requirements
23.20
2
2 Funding expenditure for General Corporate Purposes
6.34
Shareholding & Lock-in
Pre-IPO Promoter Holding
49,62,439 shares
Post-IPO Promoter Holding
57,62,639 shares