Sharp Chucks And Machines started their manufacturing operations in the year 1994 with their first manufacturing plant set up in Jalandhar. They believe they are one of the few integrated companies to have the capability to manufacture forging products, casting products, and machined components, which finds its application in diverse industries, such as tractors, automobiles, material handling & earth moving equipment, railways, defense, machine tools, DIY industry, etc.
Sharp Chucks manufactures these products from their Manufacturing Units ensuring conformity with international standards. They believe, their manufacturing facilities have advanced technologies to develop and manufacture the products that meet the stringent quality control requirements of their customer. As of the date of this Draft Prospectus there have 2 manufacturing units in Jalandhar consisting of three foundries having installed capacity of 30000 MTPA Machining facilities consisting of VMC, CNC and other machinery having installed capacity of 14400 MTPA, and one forging unit consisting of hammers, billiard heaters, etc having installed capacity of 3600 MTPA.
The Company is engaged in the manufacturing of forging and graded casting machined components of tractors and other automobiles and is also engaged in power chucks, lathe chucks, drill chucks, and other machine tools accessories they supply to automobile industries in India and OEMs industries. Their manufactured products have diverse applications for tractors, automobiles, material handling & earth moving equipment, railways, defense, machine tools, DIY industry, etc. They also manufacture customized components as per customer-specific requirements and use, with a high degree of precision both in quality and time with personalized services to our strong customer base in India and overseas. As of the date of the Draft Prospectus offer a variety of SKUs of machine tools, and forged and casted automobile parts and also intend to expand our product portfolio.
Objects of the Issue:
- Funding of working capital requirements.
- General corporate purposes.
Sharp Chucks And Machines IPO Review
- May Apply
Sharp Chucks And Machines IPO Date & Price Band Details
IPO Open: | September 29, 2023 |
IPO Close: | October 5, 2023 |
IPO Size: | Approx ₹16.84 Crores, 4,928,516 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹58 Per Equity Share |
IPO Listing on: | NSE SME |
Retail Quota: | 50% of the net offer |
NII Quota: | 50% of the net offer |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
Sharp Chucks And Machines IPO Market Lot
The Sharp Chucks And Machines IPO minimum market lot is 2000 shares with a ₹116,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 2000 | ₹116,000 |
Retail Maximum | 1 | 2000 | ₹116,000 |
S-HNI Minimum | 2 | 4000 | ₹232,000 |
Sharp Chucks And Machines IPO Dates
The Sharp Chucks And Machines IPO date is September 29 and the IPO close date is October 9. The IPO allotment date is October 10 and the IPO might list on October 12.
IPO Open Date: | September 29, 2023 |
IPO Close Date: | October 5, 2023 |
Basis of Allotment: | October 9, 2023 |
Refunds: | October 10, 2023 |
Credit to Demat Account: | October 11, 2023 |
IPO Listing Date: | October 12, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Sharp Chucks And Machines IPO Form
How to apply Sharp Chucks And Machines IPO? You can apply Sharp Chucks And Machines IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sharp Chucks And Machines IPO in the Invest section. The other option you can apply Sharp Chucks And Machines IPO via IPO forms download via the NSE website. Check out the Sharp Chucks And Machines forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Sharp Chucks And Machines Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2020 | ₹113.61 | ₹109.52 | ₹2.98 |
2021 | ₹135.83 | ₹131.12 | ₹3.31 |
2022 | ₹152.52 | ₹146.12 | ₹4.53 |
2023 | ₹176.45 | ₹172.15 | ₹5.07 |
Sharp Chucks And Machines IPO Valuation – FY2022
Check Sharp Chucks And Machines IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹4.63 per Equity Share |
Price/Earning P/E Ratio: | NA |
Return on Net Worth (RoNW): | 9.55% |
Net Asset Value (NAV): | ₹48.45 per Equity Share |
Peer Group
- Pritika Engineering Components Limited
- Nelcast Limited
- Bhagwati Autocast Limited
Company Promoters
- Mr. Ajay Sikka
- Ms. Gopika Sikka
Sharp Chucks And Machines IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/
Sharp Chucks And Machines IPO Allotment Status
Check Sharp Chucks And Machines IPO allotment status on Skyline Financial website URL. Click Here
Sharp Chucks And Machines IPO Lead Managers aka Merchant Bankers
- Fedex Securities Pvt Ltd
Company Address
Sharp Chucks And Machines Limited
A-12
Industrial Development Colony
Jalandhar – 144012
Phone: +0181 -2610341
Email: [email protected]
Website: https://sharpchucks.com/index.html
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