SM Auto Stamping IPO Details
SM Auto Stamping IPO description – Incorporated in 2006, SM Auto Stamping is an auto-component manufacturer located in Nashik catering to the sheet metal components and sub-assembly requirements of automobile parts/equipment manufacturers. The company’s range of product primarily covers sheet metal pressed components for clutches, brakes, engine mountings, chassis, shaft drive, body trims, bearings etc which are used in passenger cars, commercial vehicles and tractors. The company has three manufacturing units, all located at Nashik, Maharashtra on leasehold industrial plots of total size admeasuring to over 5000 sq. mtrs. All three units comply with the IATF 16949:2016 standards. Apart from manufacturing, the company also provides job work services in blanking and forming process on metal components. Some of its customers include JBM Auto Ltd., SKF India Ltd., Mahindra CIE Automotive Ltd., Haldex India Pvt Ltd, Reliable Autotech Private Limited and ABB India Ltd.
Promoters of SM Auto Stamping – Mr Mukund Narayan Kulkarni, Mr Suresh Gunwant Fegde and Mrs Alka Mukund Kulkarni
| SM Auto Stamping IPO details | |
| Subscription Dates | 3 – 5 March 2020 |
| Price Band | INR18 per share |
| Fresh issue | 3,840,000 shares (INR6.91 crore) |
| Offer For Sale | Nil |
| Total IPO size | 3,840,000 shares (INR6.91 crore) |
| Minimum bid (lot size) | 8,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
|
SM Auto Stamping’s financial performance (in INR crore) |
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| FY2017 | FY2018 | FY2019 | Q1 FY2020 | |
| Revenue | 53.36 | 65.90 | 76.30 | 18.61 |
| Expenses | 54.62 | 64.79 | 73.76 | 18.28 |
| Net income | -1.73 | 0.84 | 2.65 | 0.18 |
Registrar of SM Auto IPO
Bigshare Services Private LimitedÂ
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis Makwana Road
Marol, Andheri (East), Mumbai – 400059
Phone:Â +91 22 6263 8200Â
Email:Â [email protected]
Website:Â www.bigshareonline.com
Valuation of SM Auto IPO (FY2019)
Earnings Per Share (EPS): INR2.54
Price/Earnings (PE ratio): 7.08
Return on Net Worth (RONW): 23.68%
Net Asset Value (NAV): INR85.81 per share
SM Auto IPO Subscription Details
| Day |
Subscription (no. of times) |
| Day 1 |
0.05 |
| Day 2 |
0.92 |
| Day 3 |
1.27 |
SM Auto Contact Details
SM Auto Stamping Limited
J-41, MIDC,
Ambad Nashik-422010,
Maharashtra
Phone: 91-253-6621106
Email: [email protected]
Website:Â www.smautostamping.com
SM Auto IPO Allotment Status
SM Auto Stamping IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing Performance of SM Auto Stamping
IPO Opening Date: 3 March 2020
IPO Closing Date: 5 March 2020
Finalisation of Basis of Allotment: 11 March 2020
Initiation of refunds: 12 March 2020
Transfer of shares to demat accounts: 13 March 2020
Listing Date: 16 March 2020
Opening Price on BSE SME: To be updated
Closing Price on BSE SME: To be updated
