Last updated on January 19, 2024
Shree Marutinandan Tubes IPO description – Shree Marutinandan Tubes actively trades in a spectrum of products, including Galvanized Pipes, Electric Resistance Welding Mild Steel (ERW MS) Pipes (encompassing round pipes, square and rectangular hollow sections). These products span diverse specifications and sizes, ranging from 15 NB to 1000 NB. The trade repertoire extends to Black Pipes and Solar Structural Pipes. With applications spanning Agriculture, Oil, Public Health, Housing, Irrigation, Engineering, Infrastructural, and Industrial sectors, its offerings find relevance across many industries.
In addition, it collaborates with group-company Shree Kamdhenu Machinery Private Limited, for contract manufacturing of agricultural equipment. The company’s offerings encompass potato harvesters, grading machines, hoppers, peanut destoners, tube winders, and rotavators.
As of 31 March 2023, the company boasts a robust customer network in India, serving over 730 clients and delivering products tailored to their unique requirements. The company employs a staff of 14.
Promoters of Shree Marutinandan Tubes – Mr. Vikram Shivratan Sharma, Mr. Bharat Shivratan Sharma, and Mrs. Kusumlata Shivratan Sharma
Table of Contents
Shree Marutinandan Tubes IPO Details
| Shree Marutinandan Tubes IPO Dates | 12 – 16 Jan 2024 |
| Shree Marutinandan Tubes Issue Price | INR 143 per share |
| Fresh issue | 1,000,000 shares (INR 14.30 crore) |
| Offer For Sale | NIL |
| Total IPO size | 1,000,000 shares (INR 14.30 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 143,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Shree Marutinandan Tubes Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 35.64 | 47.14 | 47.17 | 42.70 |
| Expenses | 35.75 | 47.05 | 44.50 | 40.94 |
| Net income | 0.13 | 0.06 | 2.02 | 1.42 |
Shree Marutinandan Tubes Offer News
- Shree Marutinandan Tubes RHP
- Shree Marutinandan Tubes Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Shree Marutinandan Tubes Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 6.49 | 2.93 | 8.20 |
| PE ratio | – | – | 17.44 |
| RONW (%) | 22.17 | 9.11 | 75.36 |
| NAV | – | – | 130.60 |
| ROCE (%) | 31.05 | 20.86 | 78.52 |
| EBITDA (%) | 2.70 | 1.72 | 7.49 |
| Debt/Equity | 12.90 | 9.74 | 2.68 |
Shree Marutinandan Tubes IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 18 January 2024 | 12 | – | 9,500 |
| 17 January 2024 | 15 | – | 10,700 |
| 16 January 2024 | 22 | – | 15,000 |
| 15 January 2024 | 22 | – | 15,000 |
| 13 January 2024 | 35 | – | 25,000 |
| 12 January 2024 | 32 | – | 24,300 |
| 11 January 2024 | 30 | – | 23,500 |
| 10 January 2024 | 10 | – | 8,000 |
Shree Marutinandan Tubes IPO Subscription – Live Updates
| Category | NII | Retail | Total |
|---|---|---|---|
| Shares Offered | 500,000 | 500,000 | 1,000,000 |
| 16 Jan 2024 | 32.99 | 56.69 | 44.84 |
| 15 Jan 2024 | 9.36 | 28.92 | 19.14 |
| 12 Jan 2024 | 3.49 | 6.36 | 4.92 |
Shree Marutinandan Tubes IPO Allotment Status
Shree Marutinandan Tubes IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Shree Marutinandan Tubes IPO Dates & Listing Performance
| IPO Opening Date | 12 January 2024 |
| IPO Closing Date | 16 January 2024 |
| Finalization of Basis of Allotment | 17 January 2024 |
| Initiation of refunds | 18 January 2024 |
| Transfer of shares to demat accounts | 18 January 2024 |
| IPO Listing Date | 19 January 2024 |
| Opening Price on BSE SME | INR 200 per share (up 39.86%) |
| Closing Price on BSE SME | INR 210 per share (up 46.85%) |
Shree Marutinandan Tubes Offer Lead Manager
SWASTIKA INVESTMART LIMITED
Flat No18 Floor 2 North Wing, Madhaveshwar
Coop Hsg Society Ltd Madhav Nagar,
11/12 S V Road Andheri W Mumbai Mumbai City – 400058
Phone: +91-22-26254568-69 / 0731-6644244
Email:Â [email protected]
Website:Â www.swastika.co.in
Shree Marutinandan Tubes Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Shree Marutinandan Tubes IPO Contact Details
SHREE MARUTINANDAN TUBES LIMITED
A-21, Second Floor, Amrapali Complex,
S.P Ring Road, Bopal Ahmedabad, (G.J.) – 380058
Phone: +91 079-29795873
E-mail: [email protected]
Website: www.shreemarutitubes.com
IPO FAQs
What is the Shree Marutinandan Tubes offer size?
Shree Marutinandan Tubes offer size is INR 14.30 crores.
What is the Shree Marutinandan Tubes offer price band?
Shree Marutinandan Tubes public offer price is INR 143 per share.
What is the lot size of the Shree Marutinandan Tubes IPO?
Shree Marutinandan Tubes offer lot size is 1,000 shares.
What is Shree Marutinandan Tubes IPO GMP today?
Shree Marutinandan Tubes IPO GMP today is INR 12 per share.
What is the Shree Marutinandan Tubes kostak rate today?
Shree Marutinandan Tubes kostak rate today is NA per application.
What is Shree Marutinandan Tubes Subject to Sauda rate today?
Shree Marutinandan Tubes is Subject to the Sauda rate today is INR 9,500 per application.
