What is the price band of Shree Marutinandan Tubes Limited IPO?

The price band for Shree Marutinandan Tubes Limited IPO is set at ₹143 to ₹143 per equity share.

What is the lot size and minimum investment for Shree Marutinandan Tubes Limited IPO?

The minimum market lot size is 1000 shares, requiring a minimum retail application investment of ₹1,43,000.

When does Shree Marutinandan Tubes Limited IPO open and close for subscription?

The public issue opens on 12 Jan 2024 and closes on 16 Jan 2024.

What is the Grey Market Premium (GMP) for Shree Marutinandan Tubes Limited today?

As per current grey market indications, Shree Marutinandan Tubes Limited IPO GMP stands at ₹17 (+11.89%). Estimated listing price is approximately ₹160.

Who is the registrar for Shree Marutinandan Tubes Limited IPO?

The official registrar for the issue is Bigshare Services Private Limited. Investors can check their allotment status on the registrar's official portal (https://ipo.bigshareonline.com/ipo_status.html).

SME IPO

Listed(BSE)

Shree Marutinandan Tubes Limited

Live GMP Today+11.89%

+₹17(+11.9%)

Est: +₹17,000/lot

Price Band & Lot

₹143 - ₹143

Lot: 1000 sh. • Min ₹1,43,000

Est. Listing Price

₹160

Gain: +11.9%

Indian Market Timeline

19 Jan 2024

Allotment: 17 Jan

Official T+3 Issue Timeline

IPO Schedule & Milestone Stepper

Standard Settlement Framework: SEBI T+3

12 Jan 2024

Bidding Opens

Subscription Starts

16 Jan 2024

Bidding Closes

Cut-off Time 5:00 PM

17 Jan 2024

Basis of Allotment

Registrar Finalization

17 Jan 2024

Refunds / Unblock

UPI Mandate Release

19 Jan 2024

Exchange Listing

Trading on NSE / BSE

Bidding Opens

12 Jan 2024

Subscription Starts

Bidding Closes

16 Jan 2024

Cut-off Time 5:00 PM

Basis of Allotment

17 Jan 2024

Registrar Finalization

Refunds / Unblock

17 Jan 2024

UPI Mandate Release

Exchange Listing

19 Jan 2024

Trading on NSE / BSE

3D Interactive Lot & Profit Calculator

Calculate live investment, expected return & grey market payout

Moderate Demand

Select Number of Application Lots:1000 shares (1 Lot)

1 Lot (Retail Min)13 Lots (₹2L Max Retail)30 Lots (sHNI)

Total Investment

₹1,43,000

Cutoff Price: ₹143 / share

Est. Listing Price

₹160

+11.89% expected gain

Est. Net Profit

+₹17,000

At current GMP of +₹17/sh

Est. Total Value

₹1,60,000

Investment + Listing Gain

Kostak & Subject to Sauda (SS) Reference Rates

Kostak is the fixed profit on selling unallotted applications. Subject to Sauda is the guaranteed rate upon share allotment.

Kostak Rate₹1,200

Sauda Rate₹12,800

Listing Performance

Issue Price

₹143

Listing Price

₹200

Listing Gain

₹57

+39.86%

Current Price

₹48.01

-66.43%

About Shree Marutinandan Tubes Limited

Incorporated in 2013, Shree Marutinandan Tubes Limited specializes in Galvanized Tubes, Electrical Resistance Welded Mild Steel Tubes (ERW MS) in sizes ranging from 15NB to 1000NB, as well as Black Tubes and Solar Structural Tubes, catering to sectors such as Agriculture, Oil, Solar Energy, Healthcare, Housing, Irrigation, and Engineering. While the company does not manufacture the products itself, it collaborates with Shree Kamdhenu Machinery Private Limited for contract manufacturing based on customer specifications. Its product portfolio also includes agricultural and industrial equipment such as potato harvesters, grading machines, hoppers, peanut destoners, tube winders, and rotavators. As of December 25, 2023, the company has 14 employees.

Issue Structure & Composition

MIXED

Fresh Issue (0%)OFS (0%)

₹14.3 Cr to Company₹0 Cr to Promoters

Fresh Issue Size₹14.3 Cr

Offer for Sale (OFS)₹0 Cr

Total Issue Size₹1000000 Cr

Valuation & Financial Ratios

P/E Ratio

N/A

Price to Earnings

ROE

15%

Return on Equity

ROCE

18%

Capital Employed

Debt / Equity

0.5

Leverage Ratio

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Important Information on IPO Grey Market Premium (GMP)

Disclaimer: Grey Market Premium (GMP) is an unofficial, unregulated cash premium traded between buyers and sellers before official listing on NSE or BSE. GMP indications are based on demand-supply dynamics in the grey market and are subject to extreme volatility. Neither SEBI nor stock exchanges regulate grey market operations. Investors should conduct independent fundamental analysis and read the Red Herring Prospectus (RHP) before applying.

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Min ₹1,28,000

Est. Listing

₹96.3

+50.5% Gain

Issue Size

₹3000000 Cr

Est. Profit

+₹64,600

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Est. Listing

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+14.7% Gain

Issue Size

₹3858000 Cr

Est. Profit

+₹19,380

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Live Grey Market Premium (GMP)

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₹29 - ₹29

Min ₹1,16,000

Est. Listing

₹31.55

+8.8% Gain

Issue Size

₹3636000 Cr

Est. Profit

+₹10,200

Apply Dates25 Sept - 29 Sept

Allotment30 Sept

Listing5 Oct

Closes On:29 Sept (1d left)

Calc View

Shree Marutinandan Tubes Limited

IPO Schedule & Milestone Stepper

Bidding Opens

Bidding Closes

Basis of Allotment

Refunds / Unblock

Exchange Listing

Bidding Opens

Bidding Closes

Basis of Allotment

Refunds / Unblock

Exchange Listing

3D Interactive Lot & Profit Calculator

Listing Performance

About Shree Marutinandan Tubes Limited

Issue Structure & Composition

Valuation & Financial Ratios

Trending IPOs GMP & Status Today

Live GMP Trackers

Subscription Demand

Allotment Status Check

Calendar & Analytics

Important Information on IPO Grey Market Premium (GMP)

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