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Precision Camshafts IPO IPO

Mainline27 Jan 201629 Jan 2016
Open
27 Jan 2016
Close
29 Jan 2016
3
Allotment
Listing
Mon, Feb 8, 2016
Price Band
₹180 to ₹186
Issue Size
2,20,53,225 shares (agg. up to ₹410 Cr)
Lot Size
80 Shares
Listing Date
Mon, Feb 8, 2016
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Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Vishal Bearings Ltd.SME₹3.24 Cr₹25null₹27.30+9.20%₹50.98 (+0.39%)
Universal Autofoundry Ltd.SME₹3.24 Cr₹15null₹16.00+6.67%₹51.79 (+0.64%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Establishment of a machine shop for ductile iron camshafts at the EOU unit200.00
2General corporate purposes26.86

About Precision Camshafts IPO

Incorporated in 1992, Precision Camshafts Ltd is world's leading manufacturer and supplier of camshafts, a critical automobile engine component. Company supply over 150 types of camshafts for passenger vehicles, tractors, light commercial vehicles and locomotive engine applications. Company has a manufacturing facilities in Solapur, Maharashtra.Company caters to both international and domestic market. Some of the long term clients includes General Motors, Ford Motors, Hyundai, Maruti Suzuki, Tata Motors and Mahindra and Mahindra.Company has two manufacturing facilities in Solapur, Maharashtra. This includes an export oriented unit and a domestic unit.Precision Camshafts has two joint ventures with Ningbo Shenglong PCL Camshafts Company Limited, for machining of camshafts and PCL Shenglong (Huzhou) Specialised Casting Company Limited, for setting up a foundry in China.What is Camshafts?Camshafts is one of the most critical component required in all automobiles using an internal combustion (IC) engine, which includes 2-wheelers, 3-wheelers, passenger vehicles, commercial vehicles, off roaders and tractors. A camshaft and its associated parts actuate the opening and closing of the pis

Contact Details

Precision Camshafts Ltd. AddressE 102/103 MIDCAkkalkot RoadSolapur, Maharashtra, 413006+ 91 217 3295433sskuber@pclindia.inVisit Website