Shree Marutinandan Tubes IPO Date, price, Allotment Details

Shree Marutinandan Tubes LimitedSME..
Shree Marutinandan Tubes Limited Details
Minimum Investment
₹143,000 /1 Lot (1000 shares)
Price Range
₹143-₹143
Max Quantity
1 Lots/1000 Shares
Max Investment
₹143,000
Retail Discount
₹0
Investor category and sub category
Individual- HNI & Retail
Issue Size
14.30 Cr
Employee Discount
₹0
Total Issue Size
1,000,000 Shares
(aggregating up to ₹14.30 Cr)
Share Holding Pree Issue
2,460,240
Issue Type
fixed price Issue IPO
Fresh Issue Share
1,000,000 Shares
(aggregating up to ₹14.30. Cr)
Share Holding Post Issue
3,460,240
Listing At
BSE SME
.Market Maker Portion
50,000 (Swastika Investmart)
Face value
₹10 pr share.

IPO Dates

Offer Starts12 JAN 2024
Offer Ends16 JAN 2024
Allotment17 Dec 2024
Refunds18 JAN 2024
Credit of shares to Demat account18 JAN 2024
IPO Listing19 JAN 2024

About Shree Marutinandan Tubes Limited

  • Shree Marutinandan Tubes is engaged in the business of trading Galvanized Pipe, Electric Resistance Welding Mild Steel (“ERW MS”) Pipes (round pipes, square and rectangular hollow sections) in various specifications, sizes ranging from 15NB to 1000 NB and also in trading of Black Pipes and Solar Structural Pipes. Their products have wide application in varied industries like Agriculture, Oil, Public Health, Housing, Irrigation, Engineering, Infrastructural, Industrial, etc.
  • They have independent sales and distribution networks for their products. A substantial majority of their steel pipes are sold to wholesalers and distributors in the domestic markets.
Founded InManaging Director
2013 Mr. Vikram Shivratan Sharma

Shree Marutinandan Tubes Limited IPO Prospectus

New Swan Multitech Limited IPO Prospectus
DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here

Share Holding

Share Holding Pre-Issue82%
Share Holding Post-Issue58.30%

Financials

Revenue All values are in Rs. Lakhs
YearValues
2021₹3,597.28
2022₹4,718.49
2023₹4,722.58
All values are in Rs. Lakhs
Total Asset
YearValues
2021₹1,301.03
2022₹1,284.83
2023₹1,617.60
All values are in Rs. Lakhs
Profit
YearValues
2021₹13.30
2022₹6.01
2023 ₹201.76

Fundamentals

ValuesValues
Market capROE120.91%
P/E (X)17.44ROCE78.52%
POST P/E (X)17.42EPS8.2
Debt to Equity2.68RONW75.36%

Objects of the Issue

  • To Meet Incremental Working Capital Requirements
  • General Corporate Purposes.
  • To meet Public Issue Expenses.

Brokerage Firm IPO Review

  • To be updated soon
Shree Marutinandan Tubes Limited Contact Details
AddressShree Marutinandan Tubes Limited
A-21, Second Floor, Amrapali Complex,
S.P Ring Road, Bopal,
Ahmedabad – 380058
Phone:+91 079-29795873
E-mailcs@shreemarutitubes.com
Websitehttps://www.shreemarutitubes.com/index.php
Shree Marutinandan Tubes Limited 
IPO Registrar
.Bigshare Services Pvt Ltd
Phone+91-022-6263 8200
E-mailipo@bigshareonline.com
WebsiteBigshare Services Pvt Ltd (bigshareonline.com)
Shree Marutinandan Tubes Limited Lead Managers
Hem Securities Limited
.
Shree Marutinandan Tubes Limited IPO Allotment Status Check
Shree Marutinandan Tubes Limited IPO Allotment Status Check Click here

Shree Marutinandan Tubes Limited IPO FAQs

What is Shree Marutinandan Tubes Limited IPO?
  • New Swan Multitech Limited IPO is an BSE SME IPO. They are going to raise ₹14.30 Crores via IPO. The issue is priced at ₹143 to ₹143 per equity share. The IPO is to be listed on BSE.
When Shree Marutinandan Tubes Limited IPO will open?
  • The IPO is to open on January 12, 2023, for NII, and Retail Investors.
What is Shree Marutinandan Tubes Limited IPO Investors Portion?
  • The investors’ portion for NII is 50%, and Retail is 50%.
What is Shree Marutinandan Tubes Limited IPO Size?
  • Shree Marutinandan Tubes Limited IPO size is ₹14.30 crores.
What is Shree Marutinandan Tubes Limited IPO Price Band?
  • Shree Marutinandan Tubes Limited IPO Price Band is ₹143 to ₹143 per equity share.
What is Shree Marutinandan Tubes Limited IPO Minimum and Maximum Lot Size?
  • The IPO bid is Minimum 1 Lot (1000 Shares) with ₹143,000. and Maximum Lot Size 1 Lots / 1000 Shares with ₹143,000
What is Shree Marutinandan Tubes Limited IPO Allotment Date?
  • Shree Marutinandan Tubes Limited IPO allotment date is January 17, 2024.
What is Shree Marutinandan Tubes Limited IPO Listing Date?
  • Shree Marutinandan Tubes Limited IPO listing date is January 19, 2024. The IPO to list on BSE SME.

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