Shree Marutinandan Tubes(BSE SME)
January 12, 2024 – January 16, 2024
| Price | ₹143 - ₹143 |
| Premium | ₹17 |
|---|---|
| Lot size | 1000 |
| Allotment | Jan 17, 2024 |
| Listing | Jan 19, 2024 |
Live Rate
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Subscription
Last updated on
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 475000 | 0 | 0 |
| Retail | 475000 | 0 | 0 |
| Total | 950000 | 0 | 0 |
| Total Application : 32,457 | |||
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1000 | 143000 | 475 |
| HNI | 2 | 2000 | 286000 | 475 |
Incorporated in 2013, Shree Marutinandan Tubes Limited deals in Galvanized Tubes, Electrical Resistance Welded Mild Steel Tubes (ERW MS) in various specifications and sizes ranging from 15NB to 1000 NB, and Black Tubes and Solar Structural Tubes for sectors like Agriculture, Oil, Solar Energy, Healthcare, Housing, Irrigation, Engineering etc.
The company does not manufacture the equipment itself, but works with Shree Kamdhenu Machinery Private Limited, a contract manufacturing company, to manufacture the products according to the customer's specifications.
The company's product range also includes potato harvesters, grading machines, hoppers, peanut destoners, tube winders, and rotavators.
As of December 25, 2023, the company has 14 employees.
Shree Marutinandan Tubes IPO Details
| Issue Size | 1,000,000 shares (aggregating up to ₹14.30 Cr) |
| Fresh Issue | 1,000,000 shares (aggregating up to ₹14.30 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 2,460,000 |
| Share holding post issue | 3,460,000 |
| Market Maker portion | 50,000 shares Swastika Investmart |
Shree Marutinandan Tubes IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the net offer |
| Other Shares Offered | 50% of the net offer |
Shree Marutinandan Tubes IPO Lead Manager(s)
- Swastika Investmart Ltd
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 120.91% |
| ROCE | 78.52% |
| Debt/Equity | 2.68 |
| RoNW | 75.36% |
| P/BV | 1.09 |
Company Financials
Shree Marutinandan Tubes Limited Financial Information (Restated)
Shree Marutinandan Tubes Limited's revenue increased by 0.09% and profit after tax (PAT) rose by 3257.07% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 2,234.29 | 1,617.60 | 1,284.83 | 1,301.03 |
| Revenue | 4,284.64 | 4,722.58 | 4,718.49 | 3,597.28 |
| Profit | 141.99 | 201.76 | 6.01 | 13.30 |
| Net Worth | 409.70 | 267.74 | 65.98 | 59.98 |
| Reserves | 163.73 | 247.24 | 45.48 | 39.48 |
| Borrowing | 607.28 | 716.90 | 688.89 | 795.31 |
| Amount in ₹ Lakhs | ||||
Strength
Weakness
Lead Manager(s)
Address
Shree Marutinandan Tubes Limited
A-21, Second Floor, Amrapali Complex,
S.P Ring Road, Bopal,
Ahmedabad – 380058
Phone: +91 079-29795873
Email: cs@shreemarutitubes.com
Website: https://www.shreemarutitubes.com/index.php