Skip to main content
BSE - SMEListed
Shree Marutinandan Tubes Limited Logo

Shree Marutinandan Tubes Limited IPO

Shree Marutinandan Tubes Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 200.00 (+39.86%)

The Initial Public Offering of Shree Marutinandan Tubes Limited's culminated in its successful listing on 19-01-2024 at the BSE trading platform. The company secured 10,00,000 Shares through this capital market exercise, with 10,00,000 Shares allocated to new capital formation.

Investors participated within the price parameters of ₹143 to ₹143, with minimum investment requirements of 1000 shares. The subscription period from 12-01-2024 to 16-01-2024 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on 17-01-2024. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

Shree Marutinandan IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shree Marutinandan IPO Key Performance Indicator
Company Financials ( in ₹ Lakhs )

Shree Marutinandan IPO About Company

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.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Shree Marutinandan IPO Strength Factors

NA


Shree Marutinandan IPO Risk Factors

NA


Shree Marutinandan IPO Lead Manager(s)

  • Swastika Investmart Limited

Shree Marutinandan IPO Promoter(s)

  1. Mr. Vikram Shivratan Sharma
  2. Mr. Bharat Shivratan Sharma
  3. Mrs. Kusumlata Shivratan Sharma

Shree Marutinandan IPO Company Details

Shree Marutinandan Tubes Limited
Phone:
address:

Shree Marutinandan IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Shree Marutinandan IPO FAQs