Sarthak Metals Limited IPO

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Sarthak Metals Ltd is engaged into manufacturing of wide variety of Cored wires, Aluminum Flipping coils, and Industrial Oxygen gas having wide application in various industries including Steel plants, Fabrication units, and foundries. They are also engaged in the business of trading of iron & steel and carbon dioxide gas.
They manufacturers and suppliers of wire feeder machines that are known for drawing wires of 9 mm to 15 mm diameter. Company’s major suppliers include Bharat Aluminium Co. Ltd, Bhushan Power & Steel Limited, Sino Metal International Limited etc. They are headquartered at Bhilai, Chhattisgarh and currently have two manufacturing units located at Bhilai and Raipur.

Sarthak Metals Limited IPO Stock Quote & Charts



  • Open: 14.40
  • High - Low: 14.40 - 14.40
  • Previous Close: 14.40
  • Total Traded Volume: 6000
  • Updated On: 30-Jan-2020

Objects of the Sarthak Metals Limited IPO:

1. To repay existing working capital facilities of Company 2. To meet the part of General Corporate Purpose 3. To meet the expenses of the Offer

Sarthak Metals Limited IPO Details:

Open Date: Mar 10 2017
Close Date: Mar 17 2017
Total Shares: 3,636,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Issue Size: 10.91 Cr.
Lot Size: 4000 Shares
Issue Price: ₹ 30 Per Equity Share
Listing At: BSE SME
Listing Date: Mar 27 2017

Promoters And Management:

1. Mr. Anoop Kumar Bansal 2. Mr. Manoj Kumar Bansal 3. Mr. Kishore Kumar Bansal 4. Mr. Sanjay Shah

Financials of Sarthak Metals Limited IPO:

Summary of financial Information
Particulars For the year/period ended (in Rs. Lakhs)
30-Sep-16 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 5,500.90 4,898.53 4,717.51 4,022.47 3,666.78 3,062.59
Total Revenue 7,396.25 12,871.74 15,149.36 14,721.78 11,329.24 10,055.25
Profit After Tax (PAT) 246.81 366.55 287.45 260.06 239.01 166.78

Lead Manager of Sarthak Metals Limited IPO:

  1. Guiness Corporate Advisors Private Limited

Registrar of Sarthak Metals Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Sarthak Metals Limited B.B.C Colony, G.E. Road, Khursipar, Bhilai - 490 011 Phone: +91-788-3290584 /2296495 Fax: +91-788-2225874 Email: Website:

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