Supershakti Metaliks Limited IPO
Issue Analysis :
| Issue opens | July 17, 2018 |
| Issue Closes | July 20, 2018 |
| Issue Price | Rs 375 |
| Lot Size | 300 |
| Issue Size | 60.01 Cr |
| Lead Manager | Aryaman Financial Services limited |
| Registrar | Bigshare Services Pvt. Ltd |
| Platform | BSE |
Company’s Snapshot :
Incorporated in 2012, Kolkata based Supershakti Metaliks Limited is a company engaged in the business of providing diversified products of steel. The company forms part of Sai Group which has carved itself into a well-known group and established it’s goodwill in the iron and steel manufacturing industry. The company’s manufacturing plant is located in Durgapur.
The Company enjoys a wide product range with diverse applications across downstream sectors. It possesses multiple manufacturing processes within the Plant with the ability to address customer orders with shrinking turnaround time. The Company has the widest range of products enabling it to cater to a wide spectrum of applications across the industries and balancing it out from market volatilities.
The company has 376 employees on its payroll.
Object of the Issue:
The Issue comprises of a Fresh Issue and an Offer for Sale by the Promoters.
The Company will not receive any proceeds of the Offer for Sale by the Promoters and Promoter Group Selling
Shareholders.
The objectives of the fresh issue are:
(a) Working Capital Requirements;
(b) Funding expenditure for General Corporate Purposes
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 | 11,902.75 | 16,699.84 | 16,699.84 | 0.68 | 0.80 | |
| Total Revenue | 36,008.73 | 30,102.41 | 24,566.87 | — | — | |
| Profit After Tax | 1,238.08 | 57.84 | 71.85 | (0.12) | (0.12) | |
Company Promoters:
The promoters of the company are:
1. Mr. Dilipp Agarwal (Individual Promoter)
2. Mr. Deepak Agarwal (Individual Promoter)
3. Veerbhadra Sales Private Limited (Corporate Promoter)
4. Khandelwal Finance Private Limited (Corporate Promoter)
The Promoters hold (in aggregate) 12,54,536 Equity Shares, representing up to 25.28% of the issued, subscribed and paid-up Equity Share capital of the Company.
Contact Company Information:
Supershakti Metaliks Limited
39, Shakespeare Sarani,
3rd Floor, Kolkata
West Bengal – 700017
Phone: +91 33 2289 2734/35
Fax: +91 33 2289 2736
Email: info@ssml.in
Website: http://www.supershaktimetaliks.com/
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