Sagardeep Alloys Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,422,000 (47%) | — | ₹284 Cr |
| Retail | — | 1,422,000 (47%) | — | ₹284 Cr |
| Market Maker | — | 156,000 (5%) | — | ₹3 Cr |
| Σ Total | — | 3,000,000 (100%) | — | ₹6,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹120,000 |
| Retail (Max) | 13 | 78,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 84,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 402,000 | ₹8,040,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Long Term Working Capital requirements – 6.00
- 2 Issue Expenses – 0.32
Company Overview
Incorporated in 2007, Sagardeep Alloys Limited is in the business of manufacturing and trading copper and brass products such as pipes & tubes and trading of stainless steel, copper, brass and other metal products. The company is supplying its products in domestic market.
The Company is engaged in the business of manufacturing of Copper Pipes, Flats, Coils, Rods, Plates and Copper Alloys Consumables and trading of Ferrous and Non ferrous Metals and alloys. The Factory is located at Block No 2070, Rajnagar Patiya, Santej Khatraj Road, Santej, Taluka-Kalol, Ghandhinagar-382721, Gujarat (India).
The Company has got ISO 9001:2008 certification for 'Manufacturing and Supply of Copper Pipes, Tubes, Flats, Coils, Rods, Nuggets, Plates and Copper Alloys Consumables and Trading and Supply of Ferrous and Non Ferrous Metals and Alloys' from BSCIC.
Company's products are industrial in nature and are utilized in various industries such as Air Conditioning and Refrigeration, Engineering & Gas Application etc. Company's Clientele list includes some reputed Govt. undertakings, Public Sector undertakings and Engineering Giants.