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Open
25 Jan 2019
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Close
29 Jan 2019
3
Allotment
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Listing
Wed, Feb 6, 2019
Price Band
₹51 to ₹52
Issue Size
24,84,000 shares (agg. up to ₹13 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Feb 6, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.38x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jul 2018 | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|---|
| Assets | 37.14 | 35.28 | 28.36 | 22.98 |
| Total Income | 36.14 | 100.80 | 76.70 | 68.46 |
| Profit After Tax | 0.41 | 1.72 | 1.00 | 1.10 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Kritika Wires Ltd. | SME | ₹15.40 Cr | ₹32 | null | ₹33.70 | +5.31% | ₹5.37 |
| Supreme Engineering Ltd. | SME | ₹17.78 Cr | ₹27 | null | ₹27.55 | +2.04% | ₹0.73 |
| Saketh Exim Ltd. | SME | ₹9.44 Cr | ₹69 | null | ₹69.40 | +0.58% | ₹57.45 |
| Supershakti Metaliks Ltd. | SME | ₹60.01 Cr | ₹375 | null | ₹376.50 | +0.40% | ₹299.90 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 9.20 |
| 2 | General Corporate Purpose | 3.06 |
About Surani Steel Tubes IPO
Updated on Aug 5, 2026
Contact Details
Surani Steel Tubes Ltd. AddressS.No.110, 115, Opp.Vinayak TMTBayad Road, SampaTal.DahegamGandhinagar, Gujarat, 382315+91 9825515372cs@suranisteel.comVisit Website