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Tirupati Forge

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹29
₹29
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹29
Based on GMP
Min. Investment
₹116,000
1 lot × 4000 shares
Subscribed
1.00x
Over-subscribed
Check Allotment
IPO Details
Open Date
29 Sep 2017
Close Date
04 Oct 2017
Allotment
10 Oct 2017
Listing Date
12 Oct 2017
Exchange
NSE SME
Price Band
₹29
Listing Price
See chart
Allotment Status
Check Now →
Price Band
₹29
Per share
Face Value
₹10 per share
 
Lot Size
4,000 Shares
per lot
Issue Size
18,00,000 shares (aggregating up to ₹5.22 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹116,000
1 lot
Pre-IPO Holding
40,12,000
Promoters
Post-IPO Holding
58,12,000
Promoters
UPI Deadline
2017-10-04
Mandate
Anchor AllotmentThu, 28 Sep 2017
Basis of AllotmentTue, 10 Oct 2017
Refund InitiationWed, 11 Oct 2017
Demat CreditWed, 11 Oct 2017
Listing DayThu, 12 Oct 2017
UPI Mandate Deadline2017-10-04
Sale TypeFresh Capital
Net Offer to Public17,08,000 shares (aggregating up to ₹4.95 Cr)
Market Maker Quota92,000 shares (aggregating up to ₹0.2668 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
NSE ListingView on NSE →
Check AllotmentClick here →
Subscription Rate Final
Tirupati Forge IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 04 Oct 2017.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
92,000
 — ₹0.27
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
1,800,000
 100% ₹5.22
IPO Shares Offered
Tirupati Forge IPO total issue size: ₹5.22 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 92,000 ₹0.27
5.11%
Total 1,800,000 ₹5.22
100.00%
* Based on upper price band ₹29 per share
Lot Size & Investment
Lot Size
4,000
Shares per Lot
Issue Price
₹29.00
Upper Band
Min Investment
₹116,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)28,000₹232,000
Retail (Max — 13 Lots)1352,000₹1,508,000
S-HNI (Min — 14 Lots)1456,000₹1,624,000
B-HNI (Min — 68 Lots)68272,000₹7,888,000
* Issue Price ₹29 × Lot Size 4,000 shares
IPO Schedule
Anchor
28 Sep 2017
✓ Done
IPO Open
29 Sep 2017
✓ Done
IPO Close
04 Oct 2017
✓ Done
Allotment
10 Oct 2017
✓ Done
Refunds
11 Oct 2017
✓ Done
Demat Credit
11 Oct 2017
✓ Done
Listing Day
12 Oct 2017
✓ Done
Tirupati Forge — Live Price LIVE
₹29.00
INR · NSE
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Issue ₹29.00 Live Price
About Tirupati Forge
Incorporated in 2012, Tirupati Forge Ltd is a manufacturer and supplier of quality assured Forged Flanges, Auto Parts, Automotive Components and Fitting Components. They are an ISO 9001:2008 certified Company and engaged in manufacturing of closed die forged products like auto component, bearings, gears, etc and forged flanges of mild steel, carbon steel, stainless steel etc. based out at Hadamtala Industrial Estate, Rajkot, Gujarat. These products are used in automotive machines, vehicles and various other machines that we use in our daily life.The company was initially set up to cater requirements of international market mainly to US and gradually, it started exporting to Italy, Morocco etc as well as in domestic market. They have equipped forge shop with all supporting facilities like in house die shop, ring rolling machines, CNC Machine Shop, CNC Drilling, Stamping Machine, Automated Paint Line etc.
Objects of the Issue
1
Working Capital Requirements
2
Repayment of Loan
3
General Corporate Purpose
Tirupati Forge Financials (Amount in Lacs)
Revenue from Operations
₹3,037.0
31.03.2015
₹1,827.6
31.03.2016
₹1,636.8
31.03.2017
Profit After Tax (PAT)
N/A
31.03.2015
N/A
31.03.2016
N/A
31.03.2017
Particulars31.03.201731.03.201631.03.2015
Revenue from Operations 1636.77 1827.56 3036.96
EBITDA N/A N/A N/A
Profit After Tax (PAT) N/A N/A N/A
Net Worth 270.71 220.21 203.26
Total Assets 1033.01 971.68 1415.65
Reserves & Surplus 192.21 141.71 124.76
Borrowings 381.65 381.65 381.65
EBITDA Margin (%) N/A — —
PAT Margin (%) N/A — —
Issue Structure & Shareholding
Total Shares Offered18,00,000 (100.00%)
Net Offer to Public17,08,000 shares (aggregating up to ₹4.95 Cr)
Reserved for Market Maker92,000 shares (aggregating up to ₹0.2668 Cr)
Pre-Issue Promoter Holding40,12,000
Post-Issue Promoter Holding58,12,000
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Tirupati Forge IPO subscribed? ▲

Tirupati Forge IPO is subscribed 1.00 times by Oct 04, 2017. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Tirupati Forge IPO retail subscription status? ▼

The Tirupati Forge IPO retail category is subscribed 1.00 times as of 04 Oct 2017. The retail portion is oversubscribed.

How to subscribe Tirupati Forge IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 29 Sep 2017 and closes 04 Oct 2017. Min investment: ₹116,000 (1 lot = 4,000 shares). UPI mandate: 2017-10-04.

How many times Tirupati Forge IPO subscribed? ▼

The Tirupati Forge IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Tirupati Forge IPO allotment? ▼

Check allotment on the registrar website (LINK INTIME INDIA PRIVATE LIMITED) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Oct 2017. Refunds: on 11 Oct 2017.

When Tirupati Forge IPO will be listed? ▼

The Tirupati Forge IPO listing date is 12 Oct 2017, Thursday. Listed on: NSE SME. Issue price: ₹29. Estimated listing: ₹29. GMP: NIL.

When Tirupati Forge IPO close? ▼

The Tirupati Forge IPO closes on 04 Oct 2017, Wednesday. UPI mandate: 2017-10-04. Allotment: 10 Oct 2017. Listing: 12 Oct 2017.

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Live Price LIVE
Last Price₹29.00
Change—
Issue Price₹29.00
vs Issue—
Quick Summary
StatusListed
Issue Price₹29
Face Value₹10
Lot Size4,000 Sh
Min. Amount₹116,000
GMPNIL
Est. Listing₹29
Subscribed1.00x
Open Date29 Sep 2017
Close Date04 Oct 2017
Allotment10 Oct 2017
Listing Date12 Oct 2017
ExchangeNSE SME
UPI Deadline2017-10-04