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Shree Marutinandan Tubes Limited IPO Date, Price, Review and Details

 

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Shree Marutinandan Tubes Limited IPO

January 12, 2024 - January 16, 2024 Closed

Shree Marutinandan Tubes Limited IPO

Shree Marutinandan Tubes Limited IPO was engaged in company specializes in the trade of Galvanized Pipes and Electric Resistance Welding Mild Steel ("ERW MS") Pipes, which include round pipes, square and rectangular hollow sections. They deal in a variety of specifications and sizes, ranging from 15NB to 1000 NB. Additionally, they are involved in the trading of Black Pipes and Solar Structural Pipes. They follow a buying plan and typically acquire goods in large quantities to keep them in stock and ensure timely delivery to their customers. Their strategy involves purchasing in bulk, allowing them to secure inventory at lower costs compared to their competitors. This approach enables them to offer their products at competitive prices in the market.

Company Promoters:

·  Mr. Vikram Shivratan Sharma
·   Mr. Bharat Shivratan Sharma
·  Mrs. Kusumlata Shivratan Sharma

Objects of this Issue:

·  To Meet Incremental Working Capital Requirements.
·  General Corporate Purpose
·  To meet Public Issue Expenses

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 30 March 2022

As on 31 Mar 2021

Total Assets

1,617.60

1,284.83

1,301.03

Total Liabilities

1,370.36

1,239.35

1,261.55

Net Profit

201.76

6.01

13.30

Shree Marutinandan Tubes Limited IPO Schedule

1.     Bid or Offer Opens on: 12 January 2024
2.     Bid or Offer Closes on: 16 January 2024
3.     Finalization of BoA: 17 January 2024
4.     Initiation of Refunds: 18 January 2024
5.     Credit of shares to Demat account: 18 January 2024
6.     Listing Date: 19 January 2024

Shree Marutinandan Tubes Limited IPO Lot Size

The market lot size of Shree Marutinandan Tubes Limited IPO is 1600 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1000

₹143,000

Maximum

1

  1000

₹143,000

S-HNI(Minimum)

2

  2,000

₹286,000


Company Contact Details:

A-21, Second Floor, Amrapali Complex, S.P

Ring Road, Bopal Ahmedabad, (G.J.) –

380058.

Phone: +91 079-29795873

Email: cs@shreemarutitubes.com

Website: www.shreemarutitubes.com

 

Shree Marutinandan Tubes Limited IPO Registrar Details:

BIGSHARE SERVICES PRIVATE LIMITED

S6-2, 6th Floor, Pinnacle Business Park,

Next to Ahura Centre, Mahakali Caves Road,

Andheri (East) Mumbai – 400093 MH, India.

Telephone: +91 22 6263 8200

Email: ipo@bigshareonline.com

Website: www.bigshareonline.com

Frequently Asked Question

Investors can participate in an Shree Marutinandan Tubes Limited IPO through brokerage accounts. Some brokerages may offer IPO access, and investors can place orders for shares during the IPO process.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Closing date of Shree Marutinandan Tubes Limited IPO is January 16, 2024.
Lot size of the Shree Marutinandan Tubes Limited IPO is 1000 shares.
If you do not get the allotment of on Shree Marutinandan Tubes Limited IPO products, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
The face value of Shree Marutinandan Tubes Limited IPO is ₹10 per share.
Opening date of Shree Marutinandan Tubes Limited IPO is January 12, 2024.
Pre-issue shareholding of the Shree Marutinandan Tubes Limited IPO promoter is 82.00%.
Shree Marutinandan Tubes Limited IPO Shares will be listed at BSE SME.
Shree Marutinandan Tubes Limited IPO share price ₹143 per share.
Shree Marutinandan Tubes Limited IPO shares will get listed on January 19, 2024.
IPO investments carry risks such as market volatility, uncertainties about the company's future performance, and the potential for stock prices to fluctuate.
Post-issue shareholding of the Shree Marutinandan Tubes Limited IPO promoter is 58.30%.
The meaning of "Shree Marutinandan Tubes Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Shree Marutinandan Tubes Limited IPO on the current day.
You will receive on Shree Marutinandan Tubes Limited IPO shares in your Demat account on January 17, 2024, if allotted.
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