Forthcoming SME IPO _ Shanti overseas (India) Limited

SME IPO : Shanti Overseas (India) Ltd

Issue Opens 21-Jul-17
Issue Closes 26-Jul-17
Issue Price 50
Lot Size 3000
Issue Size 10.02 cr
Lead Manager Hem Securities Limited
Registrar Link Intime India Pvt Ltd
Platform NSE Emerge

Registered Office :

215-216, Vikram Tower, 1st Floor, Indore-452001, Madhya Pradesh, India

Profile :

Our Company was incorporated in 2011 by conversion of a partnership firm “M/s Shanti Overseas” for mainly carrying out the trading business of agri-commodities. Presently, we are engaged in manufacturing of soya products which includes, soya de-oiled cakes (soya meal), soya crude oil, degummed oil and soya lecithin, and are also into primary processing and trading of agri commodities such as chickpeas, soyabeans, cracked corn, maize, yellow peas, pulses etc

Objective :

  1. To purchase machineries for our proposed Soyabean processing plant at Dhannad, Dist. Indore, MP
  2. To make investment in our Subsidiary Company, Shaan Agro Oils & Extractions Private Limited
  3. To meet General Corporate Expenses

Financials :

16-17 15-16 14-15 13-14 12-13
total Assets 3619.9 3507.26 1507.41 1085.7 1219.01
tottal reveue 11330.35 8991.16 7061.05 10486.89 8907.51
PAT 378.72 187.41 70.62 48.33 32.81

For more details Contact us

SME IPO_Univastu India Limited


Issue Open Date 14-Jul-17 Price 40
Issue Close Date 19-Jul-17 Lot Size 3000
Issue Size 5.99 crores

Objects of the Issue:

1. Augmenting additional working capital requirements

2. Purchase of Equipment & Tools

3. General Corporate Purposes

Profile of  the Company:

The Company  isan ISO 9001:2015 certified construction company and they provide integrated engineering, procurement and construction services (EPC) for civil & Structural construction and infrastructure sector projects. The Company was incorporated on April 29, 2009. and they started construction activities in the same year. The Registered Office of our Company is situated at Pune and currently Project Sites are mainly located in Maharashtra and Goa. Currently the construction activity being undertaken by us includes civil & Structural construction and infrastructure contracts which have been sub contracted to us by main contractors. The Company is also engaged in trading of Construction material


Particulars(‘in lakhs) 16-17 15-16 14-15 13-14 12-13
Total Assets 2697.21 2155.56 3181.65 1426.89 700.26
Total Revenue 4355.69 2415.98 2466.12 2050.05 1212.69
PAT 127.11 66.25 68.76 58.26 33.88







Name of Project

 (‘in lakhs)



Project Cost 

Completed till 

31st May 2017 


work in


1 Construction of 100 Bed Hospital

at Survey No.1 Res. No. 431 at Bhosari, Pune.

1,858.30 1,713.71 144.59
2 Construction of New Market Complex,

Marriage hall, Conference hall and Joggers Park

at Porvorim, Goa.

2,091.10 739.62 1,351.48
3 Construction of Flower

Trading Centre at Market Yard, Gultekadi, Pune.

4,862.84 840.12 4,022.72
4 Construction of Pavillion on west side Changing rooms,

Office, VIP Dias, Gymnasium at Assagao, Bardez, Goa.

405.96 110.72 295.24
5 Construction of Administrative Building, at Pune. 1,587.38 463.74 1,123.64
6 Construction of Residential Projects Unicon

Nakshtra at Talegaon State

2,132.40 0.00 2,132.40
Total  12,937.97  3,867.91  9,070.07 


for any Query Please feel free to contact us



What are Currency Futures?

As long as there is global trade there will be global capital flows and countries will encroach into each other’s currencies. This necessitates the need for a vibrant currency market much like there is a commodity market. The currency futures market is a derivative of movement of exchange rate and interest rates.

A currency future contract thus is a legally binding agreement where one can buy or sell a financial instrument in the future at a price that has been agreed upon beforehand. Lots and delivery time of these currency futures are standardized.

Trading facility in currency futures is available to all resident individuals, HUFs and corporates who are eligible under the criteria mentioned under Foreign Exchange Management Act. Like other derivative markets, currency futures attract a margin and are subject to mark to market (MTM) and margin call.

The National Stock Exchange (NSE) introduced the currency futures segment in August 2008. Subsequently, BSE MCX SX joined the bandwagon and today it is a vibrant market witnessing a combined turnover of Rs 2000 crore daily as corporates throng into this market owing to easy access, liquidity and the opportunity to hedge their currency risks.

Now lets us see how the currency futures work

  • An Indian resident invests $200,000 abroad for a year at the current rate of exchange ($1= Rs 62)
  • Suppose his investments yield 20% returns in a year, he makes Rs 24.83 lakh rupees.
  • However if the value of the rupee appreciates to Rs 60 , he will make a mere Rs 12 lakhs
  • If he sells a 12 month futures contract at the spot price of Rs 62, amounting to $ 200,000, he could cover his losses by buying the dollar in the futures market.
  • On the other hand if the rupee depreciates to say Rs 65, he can make up his losses in the futures market by the profits in the international market.
  • Thus the investor is hedged against both a rise and fall in currency, therefore ensuring safe returns.

How can SMEs / MSMEs benefit from Currency Futures?

Most SMEs/MSMEs are exposed to considerable currency risk due to their exposure in FCCBs or foreign currency loans. In domestic markets banks consider SMEs/MSMEs risky and do notgive them favorable terms of lending if they seek bank loans. In these case, access to exchange traded futures help them cover their foreign exchange risk effectively. The similar phenomenon holds true for exporters who can hedge their currency risk and manage their own books without having to depend on the banking system.

Risks involved in Currency Futures Trading

Risk of currency futures mainly pertains to the movements in the currency exchange rate. There is no rule of thumb to determine in which direction the rates will move. A judgement will be based on the knowledge and understanding of the factors that affect currency rates. As an SME / MSME or a retail investor it is not only difficult to have a correct judgement of these rate fluctutations always. For effective currency risk management you can depend on the research carried out at Beeline and keep your portfolio well hedged against currency risks.