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Sarthak Metals IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 10.91 Cr. The company is based in Bhilai and caters to Metal sector. Guiness Corporate Advisors is the merchant banker of Sarthak Metals IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 25th February 2017.
Sarthak Metals IPO open date is 10th March 2017 and close date is 17th March 2017. IPO Allotment Date is 30th November -0001 and Listing date is 27th March 2017.
IPO
Size:
₹ 10.91 Cr.
Avg IPO Size (Sector Based)
: ₹
23.75 cr.
Sector: Metal
SME
IPO so far:
14
Merchant Banker:
Guiness Corporate
SME
IPO by BRLM so far:
47
City:
Bhilai
SME
IPO so far:
2
Revenue (annualised):
₹
147.92
cr. 
PE
Ratio:
8.00x
Average Sector PE Ratio: 20.42x
Sarthak Metals IPO size is ₹ 10.91 Cr. with IPO price of ₹ 30.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Guiness Corporate Advisors Private Limited is the book-running lead manager of the Sarthak Metals IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Guiness Securities Limited for Sarthak Metals IPO.
Sarthak Metals IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Sarthak Metals IPO, based in Bhilai, operates in the Metal sector with a focus on manufacturing of wide variety of Cored wires Aluminum Flipping coils Industrial Oxygen gas. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Sarthak Metals IPO size is ₹ 10.91 Cr. with fresh issue size of ₹ 11 and Offer for sale being ₹ Nil
The IPO allotment date for Sarthak Metals IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Sarthak Metals IPO allotment status on the registrars website, Bigshare Services Private Limited . Sarthak Metals IPO refund dates are 30th November -0001.
Sarthak Metals IPO is expected to be listed on 27th March 2017.
The upper price band for the Sarthak Metals IPO is set at ₹ 30.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Sarthak Metals IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Sarthak Metals IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 17th March 2017. After submission, funds are blocked until the basis of allotment of Sarthak Metals IPO is finalised.
The merchant banker for Sarthak Metals IPO is Guiness Corporate Advisors Private Limited . Guiness Corporate Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Sarthak Metals IPO RHP for further details.
The registrar for Sarthak Metals IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Sarthak Metals IPO through their official website or helpline.
Sarthak Metals IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 10.91 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.75 Cr.
Sector: Metal
SME
IPO so far:
14
Merchant Banker:
Guiness Corporate
SME
IPO by BRLM so far:
47
City:
Bhilai
SME
IPO so far:
2
Revenue (annualised):
₹ 146.24 cr.
PE
Ratio:
8.00x
Average Sector PE Ratio: 20.42x
Sarthak Metals IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Sarthak Metals Financial Review Page
Merchant Banker(s) of Sarthak Metals IPO: Guiness Corporate Advisors Private Limited
Sarthak Metals IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Sarthak Metals IPO listed at a listing price of 30.75 against the offer price of 30.00.
The current market price of Sarthak Metals is 122.50.
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