The Sobhagya Merchantile Ltd date has not yet been confirmed.
Sobhagya Mercantile Limited (SML) is an infrastructure firm specializing in construction, mining, infrastructure, and related activities. The company has built a strong reputation in Infrastructure Construction, Infrastructure Engineering, Mining, and Equipment Leasing, enabling us to offer tailored solutions to key sectors of the economy.
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Key Details Of Sobhagya Merchantile Ltd
Bidding Dates
May 6 – May 21
Issue Size
₹17.14 Crores
Face Value
₹10 per share
Record Date
April 23, 2024
Sobhagya Merchantile Ltd IPO
The Sobhagya Merchantile Ltd Record Date is April 23, 2024.
IPO Overview
Sobhagya Mercantile Limited (SML) is an infrastructure firm specializing in construction, mining, infrastructure, and related activities. The company has built a strong reputation in Infrastructure Construction, Infrastructure Engineering, Mining, and Equipment Leasing, enabling us to offer tailored solutions to key sectors of the economy.
Sobhagya Merchantile Ltd Rights Issue Detail
Issue Open | May 6, 2024 – May 21, 2024 |
Security Name | Sobhagya Merchantile Ltd. |
Issue Size (Shares) | 8,160,000 |
Issue Size (Amount) | ₹17.14 Crores |
Issue Price | ₹21 per share |
Face Value | ₹10 per share |
Listing At | BSE |
Terms of Payment | 100% of the Issue Price is payable on Application |
Entitlement | 34 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Sobhagya Merchantile Ltd Financial Information
Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 87.78 | 51.87 | 34.97 |
Revenue | 112.08 | 71.62 | 42.37 |
Profit After Tax | 10.73 | 10.96 | 7.91 |
Reserves and Surplus | 35.34 | 24.62 | 13.64 |
Amount in ₹ Crore |
Company Profile
Sobhagya Mercantile Ltd specializes in Engineering Consultancy and Metal Sales. The company is divided into two segments: Engineering Consultancy and Metal Sales (Stone Crusher). Most of its revenue comes from the Metal Sales segment.
Registrar Info
Name | Sobhagya Merchantile Ltd Ltd |
Phone number | 022-22882125 |
Email ID | [email protected] |
Website | sobhagyaltd.com |
Contact Details
Name | Sobhagya Merchantile Ltd Ltd |
Phone number | 022-22882125 |
Email ID | [email protected] |
Website | sobhagyaltd.com |
IPO Strenghts
- 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.
Sobhagya Merchantile Ltd IPO FAQs
What is the schedule for Sobhagya Merchantile Rights Issue 2024?
Apologies, the timelines for the Sobhagya Merchantile Rights Issue 2024 are currently unavailable.
What is the issue price for Sobhagya Merchantile Rights Issue 2024?
The price for the Sobhagya Merchantile Rights Issue 2024 has been established at ₹21 for each equity share.