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Open
29 Sep to 5 Oct, 2023
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Close
29 Sep to 5 Oct, 2023
3
Allotment
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Listing
Thu, Oct 12, 2023
Price Band
₹58 per share
Issue Size
29,04,000 shares (agg. up to ₹17 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Oct 12, 2023
Latest GMP
₹19
Est. Gain
32.76%
✦ AI Insight
GMP Trend
12-10-2023₹19Est. ₹77+32.76%
11-10-2023₹10Est. ₹68+17.24%
10-10-2023₹10Est. ₹68+17.24%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 50.66x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 180.04 | 183.92 | 133.98 |
| Total Income | 179.31 | 152.52 | 135.83 |
| Profit After Tax | 5.07 | 4.53 | 3.31 |
| NET Worth | 52.35 | 47.28 | 42.76 |
| Reserves and Surplus | 42.56 | 37.50 | 32.97 |
| Total Borrowing | 90.34 | 102.69 | 63.05 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements; and | 2.67 |
| 2 | General corporate purposes | 0.39 |
About Sharp Chucks IPO
Incorporated in 1994, Sharp Chucks and Machines Limited is engaged in the manufacturing of forging and graded casting machined components of tractors and other automobiles, as well as power chucks, lathe chucks, drill chucks, and other machine tool accessories for tractors, automobiles, material handling & earth moving equipment, railways, defense, machine tools, the DIY industry, and so on. The company's product portfolio includes: Forging products: This includes Gear, Dog Clutch, Scaffolding, C Clamp Spanner, Wrench Axe, Ball Pein Hammer, Cross Pein Hammer, Machinist Hammer, Sledge Hammer, Splitting Maul, Stoning Hammer Hatchet, Combination Spanner, Splitting Axe, Splitting Wedge, Fireman Axe, Michigan Axe, Hunter Axe, Drilling Hammer, Claw Hammer, Camp Axe, Single Bit Axe. Casting products: This includes Brake Housing, Piston Trumpet Housing, Wheel Hub Kit, Rear Cover, Bell Housing, Front Axel Braket, Gear Box, B.P Shaft Carrier, Brake Drum, Front Axel Housing, Lift Arm, Ram Cylinder, Rear Turnion, Planetary Carrier, TP Carrier, Cage, Steering Arm, Lift Housing, PTO Housing, Fly Wheel, Gear Casing, Cylinder Block, Plannet Carrier M Star, Support Front Axle, Plate Input Retainer,
Contact Details
Sharp Chucks & Machines Ltd. AddressA-12, Industrial Development ColonyJalandhar, Punjab, 144012+0181 -2610341cs@sharpchucks.comVisit Website