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Open
3 Mar 2020
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Close
5 Mar 2020
3
Allotment
—
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Listing
Mon, Mar 16, 2020
Price Band
₹18 per share
Issue Size
38,40,000 shares (agg. up to ₹7 Cr)
Lot Size
8,000 Shares
Listing Date
Mon, Mar 16, 2020
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
16-01-2026₹0Est. ₹—+0%
15-01-2026₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.20x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2019 | 31 Mar 2019 | 31 Mar 2018 | 31 Mar 2017 |
|---|---|---|---|---|
| Assets | 47.26 | 53.32 | 52.89 | 52.52 |
| Total Income | 32.22 | 76.30 | 65.90 | 53.36 |
| Profit After Tax | 0.04 | 3.07 | 0.74 | -1.77 |
| EBITDA | 1.70 | 6.57 | 3.19 | 1.64 |
| NET Worth | 11.25 | 11.21 | 8.55 | 7.71 |
| Reserves and Surplus | 0.81 | 9.90 | 7.25 | 6.41 |
| Total Borrowing | 23.86 | 21.54 | 21.50 | 26.58 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Misquita Engineering Ltd. | SME | ₹1.93 Cr | ₹27 | null | ₹29.20 | +8.15% | ₹85.45 (-0.52%) |
| Meera Industries Ltd. | SME | ₹11.75 Cr | ₹225 | null | ₹221.90 | -1.38% | ₹43.22 (-2.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet Working Capital requirements | 5.00 |
| 2 | General Corporate Purpose | 0.90 |
About SM Auto Stamping IPO
Incorporated in 2006, Nashik-based SM Auto Stamping Ltd (SMASL) is a manufacturer of precision sheet metal stamping and deep drawn components such as welded assemblies & press tools. The company focuses on customer needs and provide a direct solution in the automobile & engineering sector. It has a specialization in dealing with complex sheet metal pressed design, components, welding fixtures, high-quality stamping dies, welded assemblies for vehicles, high tonnage stamped components, and welding fixtures. The SMASL supplies products to TS 16949 certified clients. It has three manufacturing units located at Nashik (Maharashtra), Mumbai and Pune which are producing 6 million components per year. Currently, it has 350 direct and indirect employees. Some of the components of the company are automotive clutches, automotive propeller shaft drive, automotive brake system, and automative body trims.Competitive Strengths1. High-quality production standards2. Wide range of Sheet Metal components3. Long term working relationship with customers+ Read More
Contact Details
SM Auto Stamping Ltd. AddressJ-41, MIDCAmbadAmbad, Maharashtra, 422010+91-253-6621106/07acc@smautostamping.comVisit Website