The Marshall Machines IPO date has been confirmed from August 28, 2018 and ended on August 30, 2018. Read the post to learn about Marshall Machines IPO GMP.
Marshall Machines Developers IPO is a fixed price issue of Rs 16.25 crores. The price is ₹42 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹126,000.
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Key Details Of Marshall Machines IPO
Bidding Dates
August 28-30
Price Range
₹42 per share
Face Value
₹10 per share
GMP
₹46.60
Marshall Machines IPO GMP
The Marshall Machines IPO GMP is ₹46.60.
Marshall Machines IPO Overview
Marshall Machines’ IPO is a fixed-price sale for Rs 16.25 crore. Marshall Machines’ IPO bidding started on August 28, 2018, and ended on August 30, 2018. The shares were listed on the NSE SME on September 7, 2018. Marshall Machines’ IPO price is ₹42/share. The minimum lot size for an application is 3000 shares. The minimum investment for retail investors is ₹126,000.
The Marshall Machines IPO allotment is expected to be completed on Thursday, January 4, 2024. The IPO of Marshall Machines will be listed on the NSE SME on Monday, January 8, 2024. The organisation has a main office in New Delhi and a regional office in Chennai, and it provides services throughout Tamil Nadu, Kerala, Karnataka, Bihar, and Rajasthan. The company employs 142 people in total.
Marshall Machines IPO Details
| IPO Date | August 28, 2018 to August 30, 2018 |
| Listing Date | September 7, 2018 |
| Face Value | ₹10 per share |
| Price | ₹42 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 3,870,000 shares (aggregating up to ₹16.25 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 198,000 shares |
Marshall Machines IPO Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | ||
| Total Assets | 7,964.13 | 6,503.73 | 5,935.76 | 5,955.71 | 5,270.74 | |
| Total Revenue | 5,942.43 | 5,054.42 | 4,390.66 | 4,257.46 | 3,928.43 | |
| Profit After Tax | 500.30 | 110.49 | 41.53 | 24.96 | 58.76 | |
Marshall Machines IPO Listing Details
| Listing Date | September 7, 2018 |
| BSE Script Code | |
| NSE Symbol | MARSHALL |
| ISIN | INE00SZ01018 |
| Final Issue Price | ₹42 per share |
Company Profile
Marshall Machines Limited, headquartered in Punjab, was founded in 1994 and is a firm that develops, manufactures, and markets machine tool equipment. The firm is one of the first Indian CNC machine producers. The company manufactures various CNC turning centres, including its patented double-spindle CNC Turning Centres. It offers complete machining solutions to manufacturers of axles, crankshafts, automotive parts, fans, pumps, bearings, gear blanks, bushings, and so on. Customers include GNA, USHA, HERO HONDA, HAVELLS,
ROCKMAN, and AMTEK AUTO. Marshall Machines operates an IoTQ and super-optimized machine technology demonstration centre at IMT Gurugram, Haryana. It also has two R&D denters in Ludhiana.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Marshall Machines Limited |
| Phone number | +91 161 5012406/2407, |
| Email ID | [email protected] |
| Website | marshallcnc.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Marshall Machines IPO FAQs
When Marshall Machines IPO will open?
The Marshall Machines IPO opens on August 28, 2018 and closes on August 30, 2018.
What is the lot size of Marshall Machines IPO?
Marshall Machines IPO lot size is 3000 Shares, and the minimum amount required is ₹126,000.
When is Marshall Machines IPO allotment?
The finalization of Basis of Allotment for Marshall Machines IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
When is Marshall Machines IPO listing date?
The Marshall Machines IPO listing date is on September 7, 2018.
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