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Open
28 Sep to 4 Oct, 2018
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Close
28 Sep to 4 Oct, 2018
3
Allotment
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Listing
Fri, Oct 12, 2018
Price Band
₹40 per share
Issue Size
15,00,000 shares (agg. up to ₹6 Cr)
Lot Size
3,000 Shares
Listing Date
Fri, Oct 12, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.75x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 17.84 | 20.29 | 14.47 |
| Total Income | 28.27 | 17.71 | 15.40 |
| Profit After Tax | 1.48 | 0.22 | 0.25 |
| NET Worth | 6.16 | 4.69 | 3.47 |
| Reserves and Surplus | 2.15 | 0.68 | 0.46 |
| Total Borrowing | 7.86 | 11.43 | 8.21 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Lagnam Spintex Ltd. | SME | ₹24.60 Cr | ₹41 | null | ₹38.95 | -5.00% | ₹87.86 (+3.27%) |
| Jakharia Fabric Ltd. | SME | ₹19.66 Cr | ₹180 | null | ₹181.50 | +0.83% | ₹60.50 (+0.83%) |
| Akshar Spintex Ltd. | SME | ₹26.99 Cr | ₹40 | null | ₹38.00 | -5.00% | ₹0.42 (+0.00%) |
| Vera Synthetic Ltd. | SME | ₹5.34 Cr | ₹40 | null | ₹44.30 | +10.75% | ₹65.55 (-5.00%) |
| Angel Fibers Ltd. | SME | ₹18.22 Cr | ₹27 | null | ₹27.10 | +0.37% | ₹10.60 (+7.61%) |
| Gujarat Hy-Spin Ltd. | SME | ₹4.45 Cr | ₹10 | null | ₹10.81 | +8.10% | ₹9.36 (+4.00%) |
| S K S Textiles Ltd. | SME | ₹13.32 Cr | ₹150 | null | ₹133.35 | -11.10% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Modernisation of Plant and Machineries, Building and Electrification | 1.72 |
| 2 | Working Capital Requirements | 2.70 |
| 3 | General Corporate Purpose | 0.70 |
| 4 | Expenses for developing of New Products | 0.07 |
About Shubham Polyspin IPO
Incorporated in 2012, Gujarat based Shubham Polyspin Limited is a company engaged in the manufacturing of Polypropylene Multifilament Yarn of various types including Air-Intermingled yarn, Twisted Yarn & Shubhlon Bag closing yarn. The yarn produced from the company are used in various fields like Geo-Textiles, Filter Cloth, HDPE, In FIBC, PP Bags, Narrow Woven Fabrics (webbings & tapes) etc. All the products are marketed under the Trade Name SHUBLON ™. It sell Its products directly to the end users in India and directly and through merchandise in Overseas. The company's manufacturing facility is located at Mehasana, Gujarat.The company started by selling 100% of its products in the state of Gujarat. However with increased production capacity, it expanded its sales to states like Rajasthan, Madhya Pradesh & Maharashtra. It also started exporting its products to international markets.It has 31 employees on its payroll.+ Read More
Contact Details
Shubham Polyspin Ltd. AddressBlock No.748, Saket Industrial EstateNr.Kaneria Oil Mill, Jetpura-Basantpura RoadVillage Borisana, Taluka Kadi, MahesanaKadi, Gujarat, 382728+91 70431 24999/25999compliance@shubhamgrp.coVisit Website