73  Total SME IPOs listed in 2025

3,196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Sarthak Metals IPO (Sarthak Metals Limited IPO) Detail

Sarthak Metals Limited is an Metal based company, located in Bhilai, Sarthak Metals Limited IPO size was 10.91 Cr. and was issued at 30.00 per share. The share of Sarthak Metals Limited were listed at 30.75 per share and are currently trading at 127.28 per share.

Type :
Sub Sector : Manufacturing Of Wide Variety Of Cored Wires Aluminum Flipping Coils Industrial Oxygen Gas
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
147.92 Cr.

PAT :
4.94 Cr.

Pricing Report

Issue Price :
30.00

Listing Price :
30.75

Current Market Price :
127.28

Issue Price vs CMP :
97.28 (324.27%)

listing Price vs CMP :
96.53 (313.92%)

Performance Report (CAGR* wise)

CAGR : 19.25
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Sarthak Metals

Company Information
Sarthak Metals is engaged into manufacturing of wide variety of Cored wires, Aluminum Flipping coils, and Industrial Oxygen gas having wide application in various industries including Steel plants, Fabrication units, and foundries. They are also manufacturers and suppliers of wire feeder machines that are known for drawing wires of 9 mm to 15 mm diameter. They are also engaged in the business of trading of iron & steel and carbon dioxide gas. The Company forms the part of Desh Raj Bansal Group, Bhilai and commenced its operations in the year 1997 to manufacture industrial oxygen. Later in the year 2002, the Company diversified its product base by manufacturing cored wires and aluminum flipping coils. They also diversified their business by venturing into manufacturing of wire
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Object of Issue
  • To repay existing working capital facilities of Company
  • To meet the part of General Corporate Purpose and
  • To meet the expenses of the Offer

Sarthak Metals SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Mar, 2017
IPO Size :
10.91 Cr.
PE Multiple :
8.00
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Sarthak Metals operates in Metal and Manufacturing Of Wide Variety Of Cored Wires Aluminum Flipping Coils Industrial Oxygen Gas. The Issue is listed on BSE SME in Mar, 2017. Sarthak Metals IPO size was 10.91 Cr. with Issue price of 30.00 .

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 127.28.

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