Sharp Chucks And Machines IPO Date, Review, Price, Allotment Details

Sharp Chucks And Machines IPO Details: Sharp Chucks And Machines IPO date is fixed, The IPO will open on September 29 and will close on October 5. Sharp Chucks And Machines is an NSE SME IPO to raise ₹16.84 crores via IPO. The Sharp Chucks And Machines IPO price band is fixed at ₹58 with a market lot of 2000 shares.

Sharp Chucks And Machines IPO

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.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹116,000
Retail Maximum12000₹116,000
S-HNI Minimum24000₹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
YearRevenueExpensePAT
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

Sharp Chucks And Machines IPO FAQs


What is Sharp Chucks And Machines IPO?

Sharp Chucks And Machines IPO is an NSE SME IPO. They are going to raise ₹16.84 Crores via IPO. The issue is priced at ₹58 per equity share. The IPO is to be listed on NSE.

When Sharp Chucks And Machines IPO will open?

The IPO is to open on September 29, 2023 for QIB, NII, and Retail Investors.

What is Sharp Chucks And Machines IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Sharp Chucks And Machines IPO?

You can apply Sharp Chucks And Machines IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Sharp Chucks And Machines IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Sharp Chucks And Machines”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Sharp Chucks And Machines IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Sharp Chucks And Machines”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Sharp Chucks And Machines IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Sharp Chucks And Machines”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Sharp Chucks And Machines IPO Size?

Sharp Chucks And Machines IPO size is ₹16.84 crores.

What is Sharp Chucks And Machines IPO Price Band?

Sharp Chucks And Machines IPO Price Band is ₹58 per equity share.

What is Sharp Chucks And Machines IPO Listing Date?

Sharp Chucks And Machines IPO listing date is October 12, 2023. The IPO to list on NSE SME.

Note: The Sharp Chucks And Machines IPO details are announced officially. The IPO grey market premium (Sharp Chucks And Machines IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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