About the Company:
SM Auto Stamping Ltd is one of the auto-component manufacturers located in Nashik catering to the sheet metal components and sub-assemblies requirements of automobile parts/equipment manufacturers.
Company’s range of product primarily covers sheet metal pressed components for clutches, brakes, engine mountings, chassis, shaft drive, body trims, bearings etc. which are used in passenger cars, commercial vehicles and tractors.
Company has three manufacturing units, all ideally located at Nashik, Maharashtra on leasehold industrial plots
Some of the reputed customers include JBM Auto Ltd., SKF India Ltd., Mahindra CIE Automotive Ltd., Haldex India Pvt Ltd, Reliable Autotech Private Limited and ABB India Ltd.
Company’s Portfolio of products can be classified into following categories:
- Components used in Automotive Power Train.
- Components used in Automotive Body.
- Components used in Automotive Chassis.
- Components for Bearings.
- Automotive welded assemblies.
- Components for electrical switchgear & heavy panels.
Utilization of Existing Installed Capacity:
Presently, Company has installed capacity of 10,430 MT p.a. for manufacturing of automotive components. For the year ended 31st March 2019, our total production was 7762 MT, which constitutes 74.42% of the installed capacity.
- Mr. Mukund Narayan Kulkarni (Designation: Chairman & Managing Director)
- Mr. Suresh Gunwant Fegde (Designation: Whole Time Director)
Objectives of the Issue:
- To meet Working Capital requirements
- General Corporate Purpose
- To meet issue expenses
Financials of the Company:
|(in Crores)||FY 17||FY 18||FY 19||30th June 19|
Valuation of Peer Group Companies:
|Company Name||Face Value||EPS||PE Ratio||RoNW||NAV|
|SM Auto Stamping Ltd||10||2.54||7.08||23.68%||85.81|
|Omax Autos Ltd||10||0.20||229||0.19%||107.09|
Industries India Ltd
|Issue Opens on||3rd March 2020|
|Issue Closes on:.||5th March 2020|
|Issue Size||Rs.6.91 cr|
|Market Cap||Rs.25.7 cr|
|Listing at||BSE SME|
|Equity Shares Offered (Fresh)||38,40,000|
|Equity Shares Prior to the Issue||1,04,47,832|
|Equity Shares after the Issue||1,42,87,832|
|Finalization of Basis of Allotment||on or Before 11th March 2020|
|Initiation of Refunds||on or Before 12th March 2020|
|Credit of Equity Shares:||on or Before 13th March 2020|
|Listing Date:||on or Before 16th March 2020|
IPO Valuation Parameters:
|Earnings Per Share (EPS)||Price To Earnings ratio (PE)||Return on Net Worth (RoNW)||Net Asset Value (NAV)|
|Check IPO Allotment Status:|
Bigshare Website (Click on the below Link)
|Company Contact Info:|
|SM Auto Stamping Limited
J-41, MIDC, Ambad Nashik-422010,
Tel. No.+91-0253-6621106 / 107
|IPO Registrar Info:|
|BIGSHARE SERVICES PRIVATE LIMITED
Address:-1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri East, Mumbai – 400059
|Lead Manager to the Issue:|
|HEM SECURITIES LIMITED
904,A Wing, Naman Midtown, SenapatiBapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000