Apply IPO

Lets Talk About Applying IPO's Before investing.

Sandhar Technologies Ltd IPO (STL IPO) Details

Sandhar Technologies Ltd IPO (STL IPO) Details:

Sandhar Technologies Limited manufactures, assembles, and sells automotive components for two wheeler, four wheelers, and commercial vehicle industry India and internationally.

The company offers locking systems, vision systems, door handles, hinges and latches, sheet metal components, zinc die casting products, aluminum die casting products, plastic injection molding products, wheel rims and assemblies, handle bars and assemblies, clutches and fender assemblies, brake panels, fuel level senders, muffler assemblies, molds and dies, cabins and fabrication products, relays, fuel level senders, EVAP products, and vehicles electronic products.

It supplies components to original equipment manufacturers (OEMs) in two wheeler, passenger vehicle, commercial vehicle, off-highway vehicle, and tractor segments, as well as in non-automotive OEMs.

The company was incorporated in 1987 and is based in Gurgaon, India.

OBJECTS OF THE ISSUE:

The Offer comprises of the Fresh Issue and the Offer for Sale.

OFFER FOR SALE

Company will not receive any proceeds from the Offer for Sale.

Fresh Issue

Company proposes to utilise the Net Proceeds from the Fresh Issue towards:

  1. Repayment or prepayment in full, or in part of certain loans availed by Company;
  2. General corporate purposes

Sandhar Technologies Ltd IPO (STL IPO) Details:

  1. Issue Open: March 19, 2018 – March 21, 2018
  2. Issue Type: Book Built Issue IPO
  3. Face Value: Rs 10 Per Equity Share
  4. Issue Size: 1,55,74,311 Equity Shares of Rs 10 aggregating up to Rs 517.07 Cr
  5. Issue Price: Rs 327 – Rs 332 Per Equity Share
  6. Market Lot: 45 Equity Shares
  7. Minimum Order Quantity: 45 Equity Shares
  8. Listing At: BSE, NSE

* To Be Updated

BOOK RUNNING LEAD MANAGERS Of Sandhar Technologies Ltd IPO (STL IPO):

ICICI Securities Limited
ICICI Center, H T Parekh Marg
Churchgate, Mumbai – 400 020
Maharashtra, India
Tel: +91 22 2288 2460 Fax: +91 22 2282 6580
E-mail: sandhar.ipo@icicisecurities.com
Investor Grievance E-mail: customercare@icicisecurities.com

Axis Capital Limited
1st Floor, Axis House
C – 2 Wadia International Centre
P B Marg, Worli, Mumbai – 400 025
Maharashtra, India
Tel: +91 22 4325 2183 Fax: +91 22 4325 3000
E-mail: sandhar.ipo@axiscap.in
Investor Grievance E-mail: complaints@axiscap.in

REGISTRAR TO THE OFFER of Sandhar Technologies Ltd IPO (STL IPO):

Link Intime India Private Limited
C-101, 1st floor 247 Park
L B S Marg, Vikhroli (West)
Mumbai 400 083
Tel: +91 22 4918 6200 Fax: +91 22 4918 6195
E-mail: stl.ipo@linkintime.co.in
Investor Grievance e-mail: stl.ipo@linkintime.co.in

Sandhar Technologies Ltd IPO (STL IPO) Draft Red Herring Prospectus (DRHP):

Sandhar Technologies Ltd (STL) IPO Prospectus

Red Herring Prospectus (RHP) Of Sandhar Technologies Ltd IPO (STL IPO):

Sandhar Technologies Ltd (STL) IPO Prospectus

Sandhar Technologies Ltd IPO (STL IPO) Subscription Figures:

Sandhar Technologies Ltd (STL) IPO Subscription Details
CategoryTotal Quota
(No. of Shares offered)
Subscription (No. of times Subscribed)
Day 1Day 2Day 3
Qualified Institutional Buyers (QIBs)3085505 0.00 0.8914.49
Non Institutional Investors (NIIs)2336147 0.010.086.39
Retail54510090.10 0.271.39
Employees
Total 108726610.050.406.18

Sandhar Technologies Ltd IPO (STL IPO) Allotment and Listing Dates Schedule:

  • 19/Mar/18 – Bid/Offer Opening Date
  • 21/Mar/18 – Bid/Offer Closing Date
  • 26/Mar/18 – Finalisation of Basis of Allotment
  • 27/Mar/18 – Unblocking of Funds from ASBA Account
  • 28/Mar/18 – Credit of Equity Shares to Demat Account
  • 02/Apr/18 – Commencement of Trading on NSE/BSE

* To Be Updated

Sandhar Technologies Ltd IPO (STL IPO) Grey Market Premium (GMP):

Current Grey Market Premium (GMP) Of Sandhar Technologies Ltd (STL) IPO is trading between Rs 25 – Rs 35 per equity share as of now.

How To Check Sandhar Technologies Ltd IPO (STL IPO) Application Status:

To clear that doubt and to check Sandhar Technologies Ltd (STL) IPO application status just use the below links and you can check it as follow:

Check Sandhar Technologies Ltd (STL) IPO Application Status at BSE:  BSE Website

Check Sandhar Technologies Ltd (STL) IPO Application Status at NSE NSE Website

To Check Sandhar Technologies Ltd IPO (STL IPO) Application Status:

  1. Click on Links provided above
  2. Select Sandhar Technologies Ltd IPO (STL IPO) from the drop Down Menu.
  3. Provide your PAN Number.
  4. Provide your Application Number.
How To Check Sandhar Technologies Ltd IPO (STL IPO) Allotment Status:

To Check Sandhar Technologies Ltd (STL) IPO Allotment Status : Click Here

  1. Select Sandhar Technologies Ltd IPO (STL IPO) from the first drop Down Menu
  2. Provide your PAN Number.

Market Update:

If You Want to Reduce Your Brokerage By More Than 80% Just Get More Information Here: Save More Than 80% Brokerage.

Newgen Software Technologies Ltd IPO (NSTL IPO) also able to list positively with 3.27% premium. While Amber Enterprises India Ltd IPO (AEIL IPO) also able to list with 44.03% premium,

Now  Galaxy Surfactants Ltd IPO (GSL IPO) lists at 14.73% premium. While Aster DM Healthcare Ltd IPO (ADHL IPO) lists at 5.34% discount.

HG Infra Engineering Ltd IPO (HGIEL IPO) lists at 0.02% Premium.

Bandhan Bank Ltd IPO (BBL IPO) is going to be active from March 15, 2018 – March 19, 2018.

Current Grey Market Premium (GMP) Of Bandhan Bank Ltd (BBL) IPO is trading between Rs 20 – Rs 30 per equity share as of now.

Bharat Dynamics Ltd IPO (BDL IPO) is going to be active from March 13, 2018 – March 15, 2018.

Current Grey Market Premium (GMP) Of Bharat Dynamics Ltd (BDL) IPO is trading between Rs 10 – Rs 20 per equity share as of now.

Hindustan Aeronautics Ltd IPO (HAL IPO) is going to be active from March 16, 2018 – March 20, 2018.

Current Grey Market Premium (GMP) Of Hindustan Aeronautics Ltd (HAL) IPO is not active as of now.

Karda Construction Ltd IPO (KCL IPO) is going to be active from March 16, 2018 – March 21, 2018.

Current Grey Market Premium (GMP) Of Karda Construction Ltd (KCL) IPO is not active as of now.

Some SME IPO will also be active in market in coming week.

Keep watching this blog to keep yourself updated with all the news.

If you want all updates delivered to your email box just subscribe for the updates. We also hate spam so we are not going to share your details with anyone. So Just Subscribe and forget the tension of tracking the IPO’s. We will do it for you.

If you like to have a Chance to Win a Smart Phone just Like and share us.

Leave a Reply

Your email address will not be published. Required fields are marked *

Apply IPO © 2018