SM Auto Stamping Ltd IPO

Closed

Subscription Details

  • Open Date 03 Mar
  • Close Date 05 Mar
  • Lot Size 8000
  • IPO Size ₹ 6.91 Cr
  • IPO Price Range ₹ 18
  • Min Investment ₹ 144000

SM Auto Stamping Ltd IPO Timeline

Open Date
03 Mar
Close Date
05 Mar
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial Public Offer of 38,40,000 Equity Shares of face value of Rs. 10 each (the Equity Shares) of SM Auto Stamping Limited (the company or smasl or the issuer) at an issue price of Rs. 18 per equity share for cash, aggregating up to Rs. 6.91 Crores (public issue) out of which 2,00,000 Equity Shares of face value of Rs. 10 each at an issue price of Rs. 18 per equity share for cash, aggregating Rs. 0.36 Crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e. Issue of 36,40,000 Equity Shares of face value of Rs. 10 each, at an issue price of Rs. 18 per equity share for cash, aggregating upto Rs.6.55 Crores is hereinafter referred to as the net issue.the public issue and net issue will constitute 26.88% and 25.48% respectively of the post issue Paid-up equity share capital of the company. The face value of Equity Shares is 1.8 times of the equity shares of the company.

How to apply for an 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 SM Auto Stamping Ltd IPO

Contact Information

Address

J-41 MIDC,
Ambad,
Nashik, Maharashtra 422010

SM Auto Stamping Ltd IPO Lead Manager

Hem Securities Ltd
Open Demat Account