Business Standard

SM Auto Stamping Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

6.91 cr

Price Range (₹)

18

Lot Size

8000

Min Investment (₹)

1,44,000.00

Listing Exchange

BSE - SME

Open Date

03-Mar-2020

Close Date

05-Mar-2020

Listing Date

16-Mar-2020

SM Auto Stamping Ltd News

    The Shares of SM Auto Stamping Ltd have now been listed.

    SM Auto Stamping Ltd IPO Details

    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.

    Objective of issue

    To Meet Working Capital Requirements. General Corporate Purposes.

    SM Auto Stamping Ltd Contact Details

    SM Auto Stamping Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - acc@smautostamping.com

    Website - www.smautostamping.com