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Open
12 Jan 2024
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Close
16 Jan 2024
3
Allotment
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Listing
Fri, Jan 19, 2024
Price Band
₹143 per share
Issue Size
10,00,000 shares (agg. up to ₹14 Cr)
Lot Size
1,000 Shares
Listing Date
Fri, Jan 19, 2024
Latest GMP
₹17
Est. Gain
11.89%
✦ AI Insight
GMP Trend
19-01-2024₹17Est. ₹160+11.89%
18-01-2024₹17Est. ₹160+11.89%
17-01-2024₹12Est. ₹155+8.39%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 46.21x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 22.34 | 16.18 | 12.85 | 13.01 |
| Total Income | 42.85 | 47.23 | 47.18 | 35.97 |
| Profit After Tax | 1.42 | 2.02 | 0.06 | 0.13 |
| NET Worth | 4.10 | 2.68 | 0.66 | 0.60 |
| Reserves and Surplus | 1.64 | 2.47 | 0.45 | 0.39 |
| Total Borrowing | 6.07 | 7.17 | 6.89 | 7.95 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Mangalam Alloys Ltd. | SME | ₹54.91 Cr | ₹80 | 14.65 | ₹76.00 | -5.00% | ₹42.10 |
| Cosmic CRF Ltd. | SME | ₹57.21 Cr | ₹314 | 35.64 | ₹238.65 | -24.00% | ₹1,210.65 |
| Krishca Strapping Solutions Ltd. | SME | ₹17.93 Cr | ₹54 | 3.43 | ₹112.90 | +109.07% | ₹160.00 |
| De Neers Tools Ltd. | SME | ₹22.99 Cr | ₹101 | null | ₹180.50 | +78.71% | ₹174.50 |
| Pattech Fitwell Tube Components Ltd. | SME | ₹12.00 Cr | ₹50 | 46.73 | ₹57.75 | +15.50% | ₹114.85 |
| Maiden Forgings Ltd. | SME | ₹23.84 Cr | ₹63 | 8.38 | ₹59.86 | -4.98% | ₹106.90 |
| Quality Foils (India) Ltd. | SME | ₹4.52 Cr | ₹60 | 4.16 | ₹97.70 | +62.83% | ₹63.00 |
| Earthstahl & Alloys Ltd. | SME | ₹12.96 Cr | ₹40 | 4.22 | ₹57.75 | +44.38% | ₹13.00 |
| Ratnaveer Precision Engineering Ltd. | Mainboard | ₹165.03 Cr | ₹98 | null | ₹129.35 | +31.99% | ₹297.80 |
| Aeroflex Industries Ltd. | Mainboard | ₹351.00 Cr | ₹108 | 40.91 | ₹163.25 | +51.16% | ₹573.50 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Incremental Working Capital Requirements | 10.60 |
| 2 | General Corporate Purposes | 3.00 |
About Shree Marutinandan Tubes IPO
Updated on Aug 5, 2026
Contact Details
Shree Marutinandan Tubes Ltd. AddressA-21, Second Floor, Amrapali ComplexS.P Ring Road, BopalAhmedabad, Gujarat, 380058+91 079-29795873cs@shreemarutitubes.comVisit Website