Sharp Chucks And Machines (NSE SME)
September 29, 2023 – October 5, 2023
| Price | ₹58 - ₹58 |
| Premium | ₹19 |
|---|---|
| Lot size | 2000 |
| Allotment | Oct 9, 2023 |
| Listing | Oct 12, 2023 |
Sharp Chucks And Machines Limited
A-12
Industrial Development Colony
Jalandhar - 144012
Phone: +0181 -2610341
Email: cs@sharpchucks.com
Website: https://sharpchucks.com/index.html
Last updated on 05-Oct-2023 17:02:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 13,78,000 | 5,35,58,000 | 38.87 |
| RETAIL | 13,78,000 | 8,77,70,000 | 63.69 |
| Total | 27,56,000 | 14,13,28,000 | 51.28 |
| Retail Apps | 43,885 | © IPO Premium | |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 116000 | 0 |
| HNI | 2 | 4000 | 232000 | 0 |
Incorporated in 1994, Sharp Chucks and Machines Limited is engaged in the manufacturing of forging and graded casting machined components of tractors and other automobiles, as well as power chucks, lathe chucks, drill chucks, and other machine tool accessories for tractors, automobiles, material handling & earth moving equipment, railways, defense, machine tools, the DIY industry, and so on.
The company's product portfolio includes:
- Forging products: This includes Gear, Dog Clutch, Scaffolding, C Clamp Spanner, Wrench Axe, Ball Pein Hammer, Cross Pein Hammer, Machinist Hammer, Sledge Hammer, Splitting Maul, Stoning Hammer Hatchet, Combination Spanner, Splitting Axe, Splitting Wedge, Fireman Axe, Michigan Axe, Hunter Axe, Drilling Hammer, Claw Hammer, Camp Axe, Single Bit Axe.
- Casting products: This includes Brake Housing, Piston Trumpet Housing, Wheel Hub Kit, Rear Cover, Bell Housing, Front Axel Braket, Gear Box, B.P Shaft Carrier, Brake Drum, Front Axel Housing, Lift Arm, Ram Cylinder, Rear Turnion, Planetary Carrier, TP Carrier, Cage, Steering Arm, Lift Housing, PTO Housing, Fly Wheel, Gear Casing, Cylinder Block, Plannet Carrier M Star, Support Front Axle, Plate Input Retainer, Temper Head.
- Machine components: This includes Power Chucks, Lathe Chucks, Drill Chucks, and Machine Tools Accessories.
The company has two manufacturing units located in Jalandhar consisting of three foundries having installed capacity of 30000 MTPA and Machining facilities consisting of VMC, CNC and other machinery having installed capacity of 14400 MTPA and one forging unit consisting of hammers, billiard heaters, etc. having installed capacity of 3600 MTPA.
Sharp Chucks And Machines IPO Details
| Issue Size | 4,928,516 shares (aggregating up to ₹[16.84] Cr) |
| Fresh Issue | 3,000,000 shares (aggregating up to ₹[.] Cr) |
| Offer for Sale | 1,928,516 shares of ₹10 (aggregating up to ₹[.] Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 9,784,308 |
| Share holding post issue | 12,784,308 |
Sharp Chucks And Machines IPO Reservation
| Other Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
Sharp Chucks And Machines IPO Lead Manager(s)
Fedex Securities Pvt Ltd
Company Financials
| Period | Mar 2020 | Mar 2021 | Mar 2022 | Dec 2022 |
| Assets | 12,483.44 | 13,397.98 | 18,392.09 | 17,420.03 |
| Revenue | 11,361.21 | 13,583.11 | 15,252.23 | 12,553.55 |
| Profit | 298.35 | 330.96 | 452.62 | 353.84 |
| Net Worth | 3,956.79 | 4,287.75 | 4,740.37 | 5,094.21 |
| Reserves | 2,978.36 | 3,309.32 | 3,761.94 | 4,115.78 |
| Borrowing | 5,284.78 | 6,305.37 | 10,269.35 | 8,459.20 |