Day: August 29, 2018

 

Sumit Woods Limited

Issue Analysis :

Issue opens	Aug 29, 2018
Issue Closes	Aug 31, 2018
Issue Price	Rs 43 to Rs 45
Lot Size	3000
Issue Size	18.24 Cr
Lead Manager	MARK CORPORATE ADVISORS PRIVATE LIMITED
Registrar	BIGSHARE SERVICES PVT. LTD
Platform	NSE

Company’s Snapshot :

Incorporated in 1997, Mumbai based Sumit Woods Limited is a company engaged in the business of civil contractors and executed projects for Modern Bread, Railway Officers and Government Holiday Homes.

 

The company’s first project was Kandivali Mitnayan Co-Op Housing Society with a built up area of 26000 Sqft. completed in the year 2004. Since then it has completed 19 projects.

 

During 2012-17, the main business activities of the company were redevelopment of Old Buildings, (CESS Building Redevelopment / MHADA Redevelopment), and residential projects in Mumbai and Goa.

 

Sumit Woods is a patron member of MCHI, CREDAI Mumbai. The company has handed over more than 4,500 units across 2.86 million square feet.

 

The company has 33 permanent employees on its payroll.

 

Object of the Issue:

The objects of the Issue are to:

 

1. Meet the fund requirements for execution of our Ongoing and Forthcoming Projects and other working capital requirements;
2. To repay/prepay the secured loans;
3. Meet General Corporate Purpose;
4. Meet Public Issue Expenses.

 

Financial Highlights :

 

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	11,750.88	12,243.12	13,512.35	12,614.62	12,462.99
Total Revenue	3,433.13	4,697.31	2,961.14	2,951.42	1,973.60
Profit After Tax	774.53	313.26	74.98	85.35	271.52

 

Summary of financial Information (Standalone)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	9,503.74	10,105.59	11,312.47	10,870.44	11,115.30
Total Revenue	2,114.04	3,899.55	2,285.13	2,002.80	1,388.17
Profit After Tax	573.19	260.38	54.05	97.32	57.08

 

Company Promoters:

The Promoters of the Company are:

1. Mr. Mitaram Jangid;
2. Mr. Subodh Nemlekar and
3. Mr. Bhushan Nemlekar
4. Mrs. Sharda M. Jangid
5. Mrs. Kavita B. Nemlekar

Contact Company Information:

Sumit Woods Limited

 

B-Wing, Office No-1101

Opp. Reliance Office, Express Zone

W.E.Highway, Malad-East Mumbai – 400097

Phone: +91 22 2874 9966/77

Fax: +91 22 2874 3377

Email: contact@sumitwoods.com

Website: http://www.sumitwoods.com/

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Marshall Machines Limited

Issue Analysis :

Issue opens	Aug 28, 2018
Issue Closes	Aug 30, 2018
Issue Price	Rs 42
Lot Size	3000
Issue Size	16.25 Cr
Lead Manager	SARTHI CAPITAL ADVISORS PRIVATE LIMITED
Registrar	BIGSHARE SERVICES PVT. LTD
Platform	NSE

Company’s Snapshot :

Incorporated in 1994, Punjab based Marshall Machines Limited is a company engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment. The company is among first Indian CNC Machine manufacturers.

 

The company manufactures a wide range of CNC Turning Centers including its Patented Double Spindle CNC Turning Centers. It provides complete machining solutions to manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, Bushes, etc. The company’s customer list includes GNA, USHA, HERO HONDA, HAVELLS, ROCKMAN, AMTEK AUTO etc.

 

Marshall Machines has an IoTQ and super-optimized machine technology demonstartion center at IMT Gurugram, Haryana. It also has 2 R&D denters in Ludhiana. The centers are focussed on development of super-optimized machines and smart automated machine tool cells.

 

The company has 256 permanent employees on its payroll.

 

Object of the Issue:

The Objects Of The Issue are-

 

1. Capacity Augmentation
2. Upgradation of existing R&D and IOTQ centers
3. Establishment of new IOTQ centers
4. Working Capital Requirements
5. General Corporate Purpose
6. Issue Expenses

 

Financial Highlights :

 

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	7,964.13	6,503.73	5,935.76	5,955.71	5,270.74
Total Revenue	5,942.43	5,054.42	4,390.66	4,257.46	3,928.43
Profit After Tax	500.30	110.49	41.53	24.96	58.76

 

Company Promoters:

The promoters of the company are Gaurav Sarup and Prashant Sarup.

 

Contact Company Information:

Marshall Machines Limited

 

C-86, Phase-V,

Focal Point, Ludhiana,

Punjab 141010

Phone: +91 161 5012406/2407,

Fax: +91 161 5012408

Email: gaurav.sarup@marshallcnc.com

Website: http://www.marshallcnc.com/

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