Sharp Chucks And Machines Limited IPO
i. Sharp Chucks And Machines started its manufacturing operations in the year 1994 with their first manufacturing plant set up in Jalandhar.
ii. The company is one of the few integrated companies to have the capability to manufacture forging products, casting products and machined components, that finds its application in a diverse industry, such as tractor, automobiles, material handling & earth moving equipment, railways, defense, machine tools, DIY industry, etc. Our range of products under our manufacturing capabilities is summarized as under:
iii. They manufacture these products from our Manufacturing Units (as defined below) ensuring conformity with the international standards. Their manufacturing facilities have advanced technologies to develop and manufacture the products that meet the stringent quality control requirements of our customer.
iv. The Company is engaged in the manufacturing of forging and graded casting machined components of tractors and other automobiles, and are also engaged in power chucks, lathe chucks, drill chucks, and other machine tools accessories They supply to automobile industries in India and OEMs industries.
v. The Company has necessary instruments for checking the quality of our raw materials and finished goods for measuring the sizes and shapes in order to match the standards based on the standardized dimensions as well as customer specifications. If the raw materials purchased through the purchase orders fail to confirm to the required standards for manufacturing their products, the same are liable to be rejected and are returned to the suppliers/vendors. The finished products are also tested in-house to ensure that the same is of relevant standards and design as specified by the customer; the products are then packed and dispatched to the end users or customers.
i. In-house manufacturing facilities and machining centre
ii. Wide product range and customized product offering
iii. Vast Experience of Promoters
Objects of the Sharp Chucks And Machines Limited IPO:
Sharp Chucks And Machines Limited IPO Details:
|Open Date:||Sep 29 2023|
|Close Date:||Oct 05 2023|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||16.84 Cr.|
|Lot Size:||2000 Shares|
|Issue Price:||₹ 58 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Oct 13 2023|
Promoters And Management:
Financials of Sharp Chucks And Machines Limited IPO:
Particulars ( In Lakhs )
|Revenue from Operations||13,546||15,191||17,645|
|Changes in Inventories||-71||-201||-1,198|
|Employee benefits expenses||660||933||1,306|
|Depreciation & Amortisation||397||472||569|
Comparison With Peers:
|Name of the Company||Revenue (In Crore)||PAT (In Crore)||EPS ( in Rs)||P/E||CMP||Mcap (In Crore)|
|Sharp Chucks And Machines Limited||176||5||4.70||12.3||58||62|
|Pritika Engineering Components Limited||82||4||3.25||20.7||67.4||73|
|Bhagwati Autocast Limited||154||8||26.80||22.5||585||168|