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SHREESME / BSEListed
Shree Marutinandan Tubes

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.

DRHP
₹143 - ₹143Open
Listed Price₹200.00
Listing Gain+39.86%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open12 Jan 2024
Close16 Jan 2024
Allotment17 Jan 2024
Listing19 Jan 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail4,75,000 shares
47.5%
Nii(hni)4,75,000 shares
47.5%
Market Maker50,000 shares
5%

Minimum Application Lots

Retail1 Lot (1,000 shares)
₹1,43,000
HNI2 Lots (2,000 shares)
₹2,86,000

Company Promoters

Mr. Vikram Shivratan SharmaMr. Bharat Shivratan SharmaMrs. Kusumlata Shivratan Sharma

Company Background

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 ...

Lead Managers & Bankers

Swastika Investmart Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-23)₹4284.64 Cr
Growth+19.1%
Revenue Trend (₹ in Crores)
0.01.8k3.6k5.4kMar-21Mar-22Mar-23Sep-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-234,284.64141.992,234.29607.28
Mar-234,722.58201.761,617.60716.90
Mar-224,718.496.011,284.83688.89
Mar-213,597.2813.301,301.03795.31

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values0120.91%78.52%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
17 Jan 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
19 Jan 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Shree Marutinandan Tubes. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization17 Jan 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date19 Jan 2024Trading commences on exchange

How to Check Shree Marutinandan Tubes Allotment Online

1Open Portal

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2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Shree Marutinandan Tubes IPO

Complete issue overview for Shree Marutinandan Tubes (SHREE) IPO. The issue features an equity share price band of ₹143 per share with a minimum retail lot size of 1000 Shares (minimum application amount of ₹1,43,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions