IPO Trending
SHREESME / BSEListed

Shree Marutinandan Tubes Limited

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.

₹143 - ₹143Open
Listed Price200.00
Listing Gain+39.86%
TimelineFixed Price Issue IPO
Open12 Jan 2024
Close16 Jan 2024
Allotment17 Jan 2024
Listing19 Jan 2024

Quota Reservation Portions

RetailPortion: 4,75,000 shares
47.5%
Nii(hni)Portion: 4,75,000 shares
47.5%
Market MakerPortion: 50,000 shares
5%

Minimum Application Bracket Matrix

Retail1 lots / 1,000 shares
₹1,43,000
HNI2 lots / 2,000 shares
₹2,86,000

About the 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.

Company Promoters

Mr. Vikram Shivratan SharmaMr. Bharat Shivratan SharmaMrs. Kusumlata Shivratan Sharma
Shree Marutinandan Tubes Limited IPO Details | GMP, Allotment & Financials | IPO Trending