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Open
19 Mar 2018
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Close
21 Mar 2018
3
Allotment
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Listing
Mon, Apr 2, 2018
Price Band
₹327 to ₹332
Issue Size
1,54,36,144 shares (agg. up to ₹512 Cr)
Lot Size
45 Shares
Listing Date
Mon, Apr 2, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.59x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 1,235.36 | 1,074.14 | 965.35 | 916.08 |
| Total Income | 990.60 | 1,633.53 | 1,517.89 | 1,487.34 |
| Profit After Tax | 34.57 | 39.56 | 33.75 | 38.40 |
| EBITDA | 94.34 | 131.27 | 131.85 | 131.09 |
| NET Worth | 330.72 | 301.33 | 273.63 | 259.20 |
| Reserves and Surplus | 279.57 | 250.18 | 222.48 | 248.97 |
| Total Borrowing | 402.23 | 392.51 | 319.19 | 309.04 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Uravi T & Wedge Lamps Ltd. | SME | ₹15.00 Cr | ₹100 | null | ₹102.25 | +2.25% | ₹116.35 (-2.77%) |
| Sintercom India Ltd. | SME | ₹42.55 Cr | ₹65 | null | ₹78.00 | +20.00% | ₹80.17 (+2.15%) |
| Goldstar Power Ltd. | SME | ₹7.25 Cr | ₹25 | null | ₹26.30 | +5.20% | ₹7.35 (-2.00%) |
| ASL Industries Ltd. | SME | ₹9.80 Cr | ₹35 | null | ₹35.05 | +0.14% | ₹172.30 (-1.99%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment or prepayment in full or in part of certain loans availed by the Company | 225.00 |
| 2 | General corporate purposes | 54.99 |
About Sandhar Technologies IPO
Incorporated in 1987, Sandhar Technologies Limited is New Delhi, India based company engaged in the business of designing and manufacturing a diverse range of automotive components, parts and systems, largely focused on safety and security systems of vehicles.The company is a leader in the two-wheeler locking systems market, and the commercial vehicle rear view market in India., and are one of the two largest companies catering to the commercial vehicle locking systems market, and the two wheeler rear view market in India. It is also one of the two largest manufacturers of operator cabins in India, along with being the largest player in the excavator cabins market. The company manufacture its products from 29 manufacturing facilities across eight states in India, two manufacturing facilities in Spain, and one manufacturing facility in Mexico.The company's customer portfolio consists of 79 Indian and global OEMs across various segments including Ashok Leyland, Doosan Bobcat, Escorts, Hero, Honda Cars, Komatsu, Scania, TAFE, Tata Motors, TVS, UM Lohia, and Volvo etc. In the last 12 years, the Company has received investment by two private equity investors, namely Actis Group and GTI.
Contact Details
Sandhar Technologies Ltd. AddressB-6/20, L.S.C.Safdarjung EnclaveNew Delhi, New Delhi, 110029+91 124 451 8900info@sandhar.inVisit Website