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Supershakti Metaliks Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

₹ 60.01

Price Range (₹)

₹ 375

Lot Size

300

Min Investment (₹)

₹ 1,12,500.00

Listing Exchange

BSE - SME

Open Date

17-Jul-2018

Close Date

20-Jul-2018

Listing Date

30-Jul-2018

Latest IPO News

Supershakti Metaliks Ltd IPO Details

Public issue of 16,00,200 equity shares of Rs. 10/- each (equity shares) of Supershakti Metaliks Limited (sml or the company) for cash at a price of Rs. 375 per share (the issue price), aggregating to Rs. 60.01 Crores (the issue) consisting of fresh issue of 8,00,200 equity shares aggregating to Rs. 30.01 Crores and an offer for sale of 8,00,000 equity shares by the selling shareholders aggregating to Rs. 30 Crores (offer for sale), of which 80,400 equity shares of Rs. 10/- each will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 15,19,800 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.77% and 26.37%, respectively of the post issue paid up equity share capital of the company.The face value of the equity share is Rs.10 each and the issue price is 37.50 times of the face value.

Objective of issue

Working Capital Requirements. General Corporate Purposes.

Supershakti Metaliks Ltd Contact Details

Supershakti Metaliks Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@ssml.in

Website - www.supershaktimetaliks.com