Sharp Chucks And Machines Limited
ListedSMEEmerging SME Services · NSE
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.
Price Band
₹58
Issue Size
₹16.84 Cr
Lot Size
2000 shares
GMP
₹19
+32.8%
Est. Listing
₹77
at current GMP
Subscribed
51.28x
overall
Open
29 Sep 2023
Close
5 Oct 2023
Allotment
9 Oct 2023
Refund
10 Oct 2023
Demat Credit
11 Oct 2023
Listing
12 Oct 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Indian market segment
- •Price band established at ₹58 - ₹58 per equity share
- •Minimum bid lot is 2000 shares
- •Estimated listing target of ₹77 based on current grey market activity