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Marshall Machines IPO Review, Dates, Price Band, Allotment & Market Lot

Table of Contents

Marshall Machines Limited is incorporated in 1994 based in Punjab. The company is a manufacturer, developer and marketer of machine tools and equipments. They are CNC Machine manufacturers which includes CNC Turning centers. It patented couble spindle CNC turning centers. They provide complete solutions to manufacturers and they have big client tally which includes GNA, Hero Honda, Havells, Amtek Auto, Rockman, Usha, etc. Marshall Machines ipo is starting from 28-August and ends on 30-August. The price band is around Rs.42 with 3000 market lot. The ipo size is -around 16.25 crore rupees.

IPO Review:

  • Go For Long Term

Marshall Machines IPO Dates & Price Band:

  • IPO Open: 28-August-2018
  • IPO Close: 30-August-2018
  • IPO Size: Approx Rs 16.25 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs. 42 Per Equity Share
  • Listing on: NSE SME
  • Shares: 3,870,000
  • Retail Portion: 50%

IPO Market Lot:

  • Shares: Apply for 3,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,26,000

IPO Allotment & Listing:

  • Basis of Allotment: 05-September-2018
  • Refunds: 06-September-2018
  • Credit to demat accounts: 07-September-2018
  • Listing: 10-September-2018

Financial Results:

  Rs. in Crore

Marshall Machines IPO Important Links:

Company Promoters:

  • Gaurav Sarup
  • Prashant Sarup

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: [email protected]
Website: http://www.bigshareonline.com

IPO Lead Managers:

  • Sarthi Capital Advisors Private Limited

Company Address:
Marshall Machines Limited
C-86, Phase-V,
Focal Point, Ludhiana,
Punjab 141010
Phone: +91 161 5012406/2407,
Fax: +91 161 5012408
Email: [email protected]
Website: http://www.marshallcnc.com/

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