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Open
10 Mar 2017
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Close
17 Mar 2017
3
Allotment
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Listing
Mon, Mar 27, 2017
Price Band
₹30 per share
Issue Size
36,36,000 shares (agg. up to ₹11 Cr)
Lot Size
4,000 Shares
Listing Date
Mon, Mar 27, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.64x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2016 | 31 Mar 2016 | 31 Mar 2015 | 31 Mar 2014 |
|---|---|---|---|---|
| Assets | 55.01 | 48.99 | 47.18 | 40.22 |
| Total Income | 73.96 | 128.72 | 151.49 | 147.22 |
| Profit After Tax | 2.47 | 3.67 | 2.87 | 2.60 |
| NET Worth | 26.70 | 24.23 | 20.57 | 17.74 |
| Reserves and Surplus | 14.61 | 12.14 | 8.48 | 5.65 |
| Total Borrowing | 24.91 | 23.17 | 23.58 | 19.54 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Riddhi Steel & Tube Ltd. | SME | ₹8.89 Cr | ₹38 | null | ₹37.65 | -0.92% | ₹206.20 |
| Narayani Steels Ltd. | SME | ₹11.52 Cr | ₹32 | null | ₹33.40 | +4.37% | ₹4.69 |
| Umiya Tubes Ltd. | SME | ₹2.00 Cr | ₹10 | null | ₹10.45 | +4.50% | ₹25.01 |
| Bharat Wire Ropes Ltd. | Mainboard | ₹70.00 Cr | ₹45 | null | ₹45.55 | +1.22% | ₹176.19 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To part repayment of existing working capital facility of the Company | 4.00 |
| 2 | General Corporate Purposes | 0.59 |
| 3 | Offer Expenses | 0.42 |
| Total | 5.02 |
About Sarthak Metals IPO
Updated on Aug 5, 2026
Contact Details
Sarthak Metals Ltd. AddressB.B.C ColonyG.E.Road, KhursiparBhilaiBhilai, Chhattisgarh, 490011+91-788-3290584 /2296495cs@sarthakmetals.comVisit Website