Sharp Chucks and Machines Limited

Company Profile
Company Name Sharp Chucks and Machines Limited
Open Date 29-09-2023
Close Date 05-10-2023
Exchange NSE SME
Lot Size 2000 Shares
Issue Price ₹ 58 per share
Issue Size 29,04,000 Equity Shares
Application Amount ₹ 1,16,000
Recommendation Apply
Sharp Chucks and Machines Limited was originally incorporated in the year 1994 and has its registered office in Punjab. The Company is engaged in the business of manufacturing forging products, casting products and machined components, which finds its application in a diverse industry.The company has a variety of SKUs such as i) Casting, ii) Machine Tools, and iii) Forging / striking tools. As of 31st August 2023, the Company has 569 Employees on its payroll.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 13,397.98 18,392.09 18,003.58
Net Assets 4,275.67 4,728.29 5,234.79
Total Borrowings 5,605.35 8,052.83 8,122.80
Total Revenue 13,583.12 15,252.23 17,931.45
Profit After Tax 330.97 452.62 506.50

Tentative Timeline

Opening Date 29-09-2023
Closing Date 05-10-2023
Basis of Allotment 10-10-2023
Initiation of Refunds 11-10-2023
Credit of Shares to Demat 12-10-2023
Listing Date 13-10-2023

Objects of the Issue

Working Capital Requirements
General Corporate Purpose.

Contact Information

Registered Office Sharp Chucks And Machines Limited A-12 Industrial Development Colony Jalandhar - 144012
Phone +0181 -2610341

Registrar Details

Name Skyline Financial Services Private Limited
Phone 02228511022

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 148,000 (5.10%)
Other Shares Offered 1,378,000 (47.45%)
Retail Shares Offered 1,378,000 (47.45%)
Total Shares Offered 2,904,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 80.28%
Share Holding Post Issue (Promoters) 73.00%

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