
Industrials / Capital Goods · BSE
SM Auto Stamping Ltd, incorporated in 2006 and headquartered in Nashik, is engaged in manufacturing precision sheet metal stamping and deep-drawn components for the automobile and engineering sectors. The company produces welded assemblies, press tools, and customized solutions, with expertise in complex sheet metal designs, high-quality stamping dies, welding fixtures, and large-sized components. It supplies to TS 16949 certified customers, reflecting adherence to strict industry standards. SM Auto Stamping operates three manufacturing facilities in Nashik, Mumbai, and Pune with a combined annual capacity of about 6 million components and employs around 350 people, including direct and indirect staff, while its product portfolio covers automotive parts such as clutches, propeller shaft drives, brake systems, and body trims.
Price Band
₹18
Issue Size
₹6.91 Cr
Lot Size
8000 shares
GMP
Est. Listing
₹18
at current GMP
Subscribed
—
Open
3 Mar 2020
Close
5 Mar 2020
Allotment
12 Mar 2020
Refund
13 Mar 2020
Demat Credit
14 Mar 2020
Listing
16 Mar 2020
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,919,444 | — | 0.00x |
| Non-Institutional (NII / HNI) | 575,833 | — | 0.00x |
| Retail Individual (RII) | 1,343,611 | — | 0.00x |
| Total | 3,838,888 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 168 | 168 | 1.00x |
| HNIs (10L +) | 1 | 1 | 1.00x |
| HNIs (2-10L) | 5 | 5 | 1.00x |
| Total Applications | 174 | 174 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
SM Auto Stamping Limited is bringing an initial public offering (IPO) in the Industrials / Capital Goods sector with an aggregate issue size of ₹6.91 Crores. The shares are offered at a price band of ₹18 to ₹18 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 8000 shares (approx. ₹1,44,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-03-14, while un-allotted funds or UPI block mandates will be released on 2020-03-13.
Currently, SM Auto Stamping Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹18 to ₹18 per equity share.
The retail lot size is 8000 shares requiring a minimum application amount of ₹1,44,000. Expected listing price is ₹18 per equity share.
The SM Auto Stamping Limited IPO aggregate issue size is ₹6.91 Crores with an equity price band set at ₹18 to ₹18 per equity share. The retail lot size is 8000 shares requiring a minimum capital outlay of approx. ₹1,44,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2020-03-12. Investors can verify status using PAN card or application number.
SM Auto Stamping Limited shares are scheduled to list on BSE on 2020-03-16.