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Open
24 Aug 2018
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Close
29 Aug 2018
3
Allotment
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Listing
Thu, Sep 6, 2018
Price Band
₹27 to ₹32
Issue Size
65,84,000 shares (agg. up to ₹18 Cr)
Lot Size
4,000 Shares
Listing Date
Thu, Sep 6, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.02x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 175.65 | 141.74 | 113.57 |
| Total Income | 152.26 | 120.86 | 113.65 |
| Profit After Tax | 4.65 | 2.15 | 1.12 |
| NET Worth | 29.03 | 16.74 | 14.59 |
| Reserves and Surplus | 10.61 | 13.74 | 11.59 |
| Total Borrowing | 80.96 | 84.95 | 81.22 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Saketh Exim Ltd. | SME | ₹9.44 Cr | ₹69 | null | ₹69.40 | +0.58% | ₹547.20 (-0.55%) |
| Supershakti Metaliks Ltd. | SME | ₹60.01 Cr | ₹375 | null | ₹376.50 | +0.40% | ₹240.00 (+8.11%) |
| D P Wires Ltd. | SME | ₹26.88 Cr | ₹75 | null | ₹75.00 | +0.00% | ₹174.86 (-0.73%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part finance the Working Capital requirements | 7.00 |
| 2 | Part repayment of High Cost Debt | 4.67 |
| 3 | Capital Expenditure | 0.95 |
| 4 | General Corporate Purpose | 3.00 |
About Supreme Engineering IPO
Incorporated in 1987, Mumbai based Supreme Engineering Limited (SEL) is a company engaged in the business of manufacturing special alloys and special wire products. The company has two manufacturing units Unit I being the Special Steels division, located at Khopoli, and engaged with the manufacturing of special alloys such as super alloys, precipitation hardening steels, martensitic stainless steel, austenitic stainless steel, ultra high strength steel and high speed steels which have their end use in sectors such as aerospace, space, defence, nuclear power thermal power, oil & gas, and heavy engineering; and Unit II being the Wire division, located at Rabale, Navi Mumbai, engaged with the manufacturing of wires, bright bars, fine wires, and profiles. These products find their end use in sectors such as automotive, oil & gas, industrial machinery, and hand tools industries.In the year of 2004, Supreme Special Steels was set-up with a special emphasis on the manufacturing of special steels and exotic alloys. This resulted in a dramatic expansion of the company's offerings. Today, SEL offers Nickel-based Superalloys, Duplex & Super-duplex steel, Super-austenitic stainless steel, hot
Contact Details
Supreme Engineering Ltd. AddressR-223, M.I.D.C.ComplexRabaleThane Belapur RoadNavi Mumbai, Maharashtra, 400701+91 22 2769 2232cs@supremesteels.comVisit Website