About the Company:
Supershakti Metaliks Ltd is a part of Sai Group which has carved itself into a well known group and established it’s goodwill in iron and steel manufacturing industry.
Compny is an ISO 9001: 2015 & ISO 14001: 2015 certified company. Company strives to provide diversified products of steel, manufactured at their plant located at Kanjilal Avenue, opp. DPL Zone “B” Substation, Durgapur – 713210 spread over 11.27 acres.
Company is operating a Steel Melting Section with installed capacity of 1,35,000 MTPA to produce semi finished product (i.e. Billet) and Rolling Mill Section with installed capacity of 1,62,000 MTPA to produce Wire Rods, HB Wires, Binding Wires etc. in their plant.
Company’s Overview:
Company’s Capacity Utilization:
Management Team:
- Mr. Dilipp Agarwal (Designation: Chairman & Non-Executive Director)
- Mr. Deepak Agarwal (Designation: Non-Executive Director)
- Mr. Ajay Kumar Bajaj (Designation: Whole-time Director)
Promoters Average Acquisition Cost:
Name of the Promoter | Average Acquisition Cost (in Rs.) |
---|---|
Dilipp Agarwal | 79.89 |
Deepak Agarwal | 71.96 |
Veerbhadra Sales Private Limited | 64.61 |
Khandelwal Finance Private Limited | 100.71 |
Objectives of the Issue:
Offer for Sale: (OFS) (Around Rs. 30 cr)
- Company will not receive any proceeds of the Offer for Sale by the Promoters and Promoter Group Selling Shareholders.
Fresh Issue: (Around Rs. 30 cr)
- Working Capital Requirements.
- Funding expenditure for General Corporate Purposes.
Fund Utilization:
Particulars | Amount (Rs. in Crores) |
---|---|
Working Capital requirements | 23.20 |
General Corporate Expenses | 6.34 |
Net Proceeds | 29.54 cr |
Financials of the Company:
(in Crores) | FY 16 | FY 17 | FY 18 |
---|---|---|---|
Revenue | 245.66 | 301.02 | 360.08 |
Net Profit | 0.71 | 0.57 | 12.38 |
Valuation of Peer Group Companies:
Company Name | Face Value | EPS | PE Ratio | RoNW | NAV |
---|---|---|---|---|---|
Supershakti Metaliks Limited | 10 | 24.95 | 15.03 | 22.68% | 110.03 |
Adhunik Industries Limited | 10 | 1.04 | 67.84 | 4.42% | 23.49 |
Gallantt Metal Limited | 10 | 27.47 | 10.64 | 10.23% | 268.82 |
Kamdhenu Limited | 10 | 6.70 | 30.76 | 10.73% | 61.37 |
IPO Details:
Details | Info |
---|---|
Issue Opens on | 17th July 2018 |
Issue Closes on:. | 20th July 2018 |
Issue Price | Rs.375 |
Face Value | Rs.10 |
Minimum Lot | 300 |
Minimum Investment | Rs.1,12,500 |
Issue Constitutes | 27.77% |
Issue Size | Rs.60 cr |
Market Cap | Rs.216.03 cr |
Listing at | BSE SME |
Equity Shares Offered (OFS) | 8,00,200 |
Equity Shares Offered (Fresh) | 8,00,000 |
Equity Shares Offered (OFS+Fresh) | 16,00,200 |
Equity Shares Prior to the Issue | 49,62,439 |
Equity Shares after the Issue | 57,62,639 |
Important Dates:
Finalization of Basis of Allotment | on or Before 25th July 2018 |
Initiation of Refunds | on or Before 26th July 2018 |
Credit of Equity Shares: | on or Before 27th July 2018 |
Listing Date: | on or Before 28th July 2018 |
IPO Valuation Parameters:
Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
---|---|---|---|
24.95 | 15.03 | 22.68% | 110.03 |
Knowledge Corner: (Click on the Link)
Check IPO Allotment Status: |
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Bigshare Website (Click on the below Link)http://www.bigshareonline.com/bssipoapplicationstatus.aspx |
Company Contact Info: |
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Supershakti Metaliks Ltd 39, Shakespeare Sarani, 3rd Floor, Kolkata – 700017. Tel No.: +91 33 2289 2734/35 Fax No.: +91 33 2289 2736 Email: info@ssml.in Website: www.supershaktimetaliks.com |
IPO Registrar Info: |
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BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis Makwana Road, Marol, Andheri (East), Mumbai – 400 059 Tel. No.: +91 22 4043 8200 Fax No.: +91 22 6263 8299 E-mail: ipo@bigshareonline.com Website: www.bigshareonline.com |
Lead Manager to the Issue: |
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ARYAMAN FINANCIAL SERVICES LIMITED 60, Khatau Building, Ground Floor Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001 Tel No.: +91 22 6216 6999 Fax No.: +91 22 2263 0434 Email: ipo@afsl.co.in Website: www.afsl.co.in |