Sanghvi Forging & Engineering Ltd IPO

Closed

IPO Subscription Details

  • Open Date 04 May
  • Close Date 09 May
  • Lot Size 70
  • IPO Size ₹ 36.9 Cr
  • IPO Price Range ₹ 85
  • Min Investment ₹ 5950

IPO Synopsis

Public issue of 4341195 equity shares of Rs. 10/- each at a price of Rs. 85/- per equity share (including a premium of Rs. 75/- per equity share) for cash aggregating upto Rs. 36.90 crores (The Issue), by Sanghvi Forging and Engineering Limited (The Company or The Issuer). The issue will constitute 34.2% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 85 per equity share of face value of Rs. 10 each The issue price is 8.5 times of the face value.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Sanghvi Forging & Engineering Ltd IPO

Contact Information

Address

224/6-7 GIDC Industrial Estate,
Waghodia,
Vadodara, Gujarat 391760

Sanghvi Forging & Engineering Ltd IPO Lead Manager

Arihant Capital Markets Ltd