Sharp Chucks And Machines Limited

SCML

₹58-58

per share

Bidding Dates

29-5 Oct

Min. Investment

₹1,16,000.00

Lot Size

2000 shares

Issue Size

₹16.84 Cr

IPO Timeline

Bidding starts

29 Sep ‘23

Bidding ends

05 Oct ‘23

Allotment finalisation*

09 Oct ‘23

Refund initiation*

10 Oct ‘23

Demat transfer

11 Oct ‘23

Listing

12 Oct ‘23

* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About the Sharp Chucks And Machines Limited IPO:

Incorporated in the year 1994, Sharp Chucks And Machines Limited is engaged in the manufacturing of forging and graded casting machined components of tractors and other automobiles, and are also engaged in power chucks, lathe chucks, drill chucks, and other machine tools accessories. The Company also supplies to automobile industries in India and OEMs industries.

The company's primary focus is to continually expand its product range through the development of new designs.

Now, Sharp Chucks And Machines Limited is coming out with its initial public offer (IPO). The Company proposes to utilised the Net Proceeds from the Fresh Issue towards funding the following objects:
1. Funding our working capital requirements; and
2. General corporate purposes

Here are key details about the Sharp Chucks And Machines Limited IPO:

Company Name	Sharp Chucks And Machines Limited	Company Type	Private
IPO Type	SME	Sharp Chucks And Machines Limited IPO Opening Date	29 September 2023
Sharp Chucks And Machines Limited IPO Closing Date	4 October 2023	Sharp Chucks And Machines Limited IPO Allotment Status	9 October 2023
Credit of Shares to the Demat Account	11 October 2023	Sharp Chucks And Machines Limited IPO Listing Date	12 October 2023
Sharp Chucks And Machines Limited IPO Face Value	₹ 10 per share	Sharp Chucks And Machines Limited IPO Lot Size	2000 shares
Sharp Chucks And Machines Limited IPO Issue Size	₹ 16.84 crore	Sharp Chucks And Machines Limited IPO to be Listed on	NSE SME
Sharp Chucks And Machines Limited IPO Price band	₹ 58 per share

IPO analysis

Registrar information

Name

Skyline Financial Services Private Ltd

Phone number

02228511022

Email ID

ipo@skylinerta.com

FAQs

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