SM Auto Stamping Ltd

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.


Management Team:

  1. Mr. Mukund Narayan Kulkarni (Designation: Chairman & Managing Director)
  2. 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
Revenue 53.36 65.89 76.30 18.61
Net Profit (-1.73) 0.84 2.65 0.18


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
Rasandik Engineering
Industries India Ltd
10 4.93 11.36 2.71% 179.45


IPO Details:

Details Info
Issue Opens on 3rd March 2020
Issue Closes on:. 5th March 2020
Issue Price Rs.18
Face Value Rs.10
Minimum Lot 8000
Minimum Investment Rs.1,44,000
Issue Constitutes 26.87%
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


Important Dates:

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)
2.54 7.08 23.68% 85.81



Check IPO Allotment Status:

Bigshare Website (Click on the below Link)



Company Contact Info:
SM Auto Stamping Limited
J-41, MIDC, Ambad Nashik-422010,
Maharashtra, India
Tel. No.+91-0253-6621106 / 107


IPO Registrar Info:
Address:-1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri East, Mumbai – 400059
Tel No.:+91-022-62638200


Lead Manager to the Issue:
904,A Wing, Naman Midtown, SenapatiBapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000