IPO

SM Auto Stamping Ltd

Initial Public Offer of 38,40,000 Equity Shares of face value of Rs. 10 each (the "Equity Shares") of SM Auto Stamping Limited ("the company" or "smasl" or "the issuer") at an issue price of Rs. 18 per equity share for cash, aggregating up to Rs. 6.91 Crores ("public issue") out of which 2,00,000 Equity Shares of face value of Rs. 10 each at an issue price of Rs. 18 per equity share for cash, aggregating Rs. 0.36 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The public issue less market maker reservation portion i.e. Issue of 36,40,000 Equity Shares of face value of Rs. 10 each, at an issue price of Rs. 18 per equity share for cash, aggregating upto Rs.6.55 Crores is hereinafter referred to as the "net issue".the public issue and net issue will constitute 26.88% and 25.48% respectively of the post issue Paid-up equity share capital of the company. The face value of Equity Shares is 1.8 times of the equity shares of the company.
Issue
Opens On Closes On
03-Mar-20 05-Mar-20
Money Payable On
Application Allotment
18.00 0.00
Minimum Application for shares in Nos : 8000 Further Multiples of : 8000
Cr Lead Managers to the Issue
Project Cost (.Cr) 6.91 Hem Securities Ltd
Project Financed through Current Offer (.Cr) 6.91  
Post Issue Equity Share Capital (.Cr) 14.29
Issue Price () 18.00
Projects
To Meet Working Capital Requirements
General Corporate Purposes
Promoted By
Mukund Narayan Kulkarni
Suresh Gunwant Fegde
Alka Mukund Kulkarni
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd