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Open
28 Aug 2018
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Close
30 Aug 2018
3
Allotment
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Listing
Fri, Sep 7, 2018
Price Band
₹42 per share
Issue Size
38,70,000 shares (agg. up to ₹16 Cr)
Lot Size
3,000 Shares
Listing Date
Fri, Sep 7, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.83x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 79.64 | 65.04 | 59.36 |
| Total Income | 59.42 | 50.54 | 43.91 |
| Profit After Tax | 5.00 | 1.10 | 0.42 |
| NET Worth | 11.54 | 8.72 | 7.59 |
| Reserves and Surplus | 15.73 | 8.05 | 6.94 |
| Total Borrowing | 23.63 | 21.09 | 23.70 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Aaron Industries Ltd. | SME | ₹4.78 Cr | ₹38 | null | ₹38.70 | +1.84% | ₹117.74 (+0.40%) |
| Affordable Robotic & Automation Ltd. | SME | ₹22.79 Cr | ₹85 | null | ₹99.25 | +16.76% | ₹201.51 (-2.38%) |
| Innovators Facade Systems Ltd. | SME | ₹40.76 Cr | ₹72 | null | ₹75.60 | +5.00% | ₹120.75 (+1.47%) |
| Taylormade Renewables Ltd. | SME | ₹11.34 Cr | ₹35 | null | ₹37.80 | +8.00% | ₹83.78 (-0.56%) |
| Benara Bearings & Pistons Ltd. | SME | ₹33.49 Cr | ₹63 | null | ₹61.95 | -1.67% | ₹10.45 (-0.48%) |
| Macpower CNC Machines Ltd. | SME | ₹36.61 Cr | ₹140 | null | ₹162.05 | +15.75% | ₹1,326.70 (-0.59%) |
| ICE Make Refrigeration Ltd. | SME | ₹23.71 Cr | ₹57 | null | ₹68.40 | +20.00% | ₹800.80 (-0.48%) |
| Jash Engineering Ltd. | SME | ₹48.01 Cr | ₹120 | null | ₹144.00 | +20.00% | ₹520.45 (-1.44%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capacity Augmentation | 6.23 |
| 2 | Upgradation of existing R & D Unit and IOTQ Center | 4.17 |
| 3 | Establishment of new IOTQ Centers | 1.10 |
| 4 | Working Capital Requirements | 2.50 |
| 5 | General Corporate Purpose | 0.25 |
About Marshall Machines IPO
Incorporated in 1994, Punjab based Marshall Machines Limited is a company engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment. The company is among first Indian CNC Machine manufacturers.The company manufactures a wide range of CNC Turning Centers including its Patented Double Spindle CNC Turning Centers. It provides complete machining solutions to manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, Bushes, etc. The company's customer list includes GNA, USHA, HERO HONDA, HAVELLS, ROCKMAN, AMTEK AUTO etc.Marshall Machines has an IoTQ and super-optimized machine technology demonstartion center at IMT Gurugram, Haryana. It also has 2 R&D denters in Ludhiana. The centers are focussed on development of super-optimized machines and smart automated machine tool cells.The company has 256 permanent employees on its payroll.+ Read More
Contact Details
Marshall Machines Ltd. AddressC-86, Phase-VFocal PointLudhiana, Punjab, 141010+91 161 5012406/2407,gaurav.sarup@marshallcnc.comVisit Website