Listed Price₹66.00
Listing Gain+13.79%
Price Band₹58
Lot Size2,000 shares
Min Bid₹1,16,000
Subscription51.28x
Listed Market Snapshot
₹66.00Listed price from market data
+13.79%listing gain
Issue Amount
₹16.84 Cr
Listed Price
₹66.00
Current Price
₹124.3
Registrar
Skyline Financial Services Private Limited
Timeline•Fixed Price Issue IPO
Open29 Sep 2023
Close05 Oct 2023
Allotment09 Oct 2023
Listing12 Oct 2023
Quota Reservation Portions
RetailPortion: 13,78,000 shares
47.45%Nii(hni)Portion: 13,78,000 shares
47.45%Market MakerPortion: 1,48,000 shares
5.1%Minimum Application Bracket Matrix
Retail1 lots / 2,000 shares
₹1,16,000HNI2 lots / 4,000 shares
₹2,32,000About the Company
Incorporated in 1994, Sharp Chucks and Machines Limited manufactures forging and graded casting machined components for tractors, automobiles, and other equipment, along with machine tool accessories such as power chucks, lathe chucks, and drill chucks. Its product portfolio spans forging items like hammers, axes, spanners, and wrenches; casting products including brake housings, piston trumpet housings, wheel hubs, and gearboxes; and various machine components. The company operates two manufacturing units in Jalandhar, comprising three foundries with a 30,000 MTPA capacity, machining facilities with 14,400 MTPA capacity, and a forging unit with 3,600 MTPA capacity.
Company Promoters
Mr. Ajay SikkaMs. Gopika Sikka
Lead Managers
Registrar
Skyline Financial Services Private Limited