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Sharp Chucks And Machines Limited

Sharp Chucks And Machines Limited

smelisted
Registrar: Skyline Financial Services Private Ltd · Listing 2023-10-12
IPO Timeline
Today · 20 Oct 2026
Opens
29 Sept 2023
Closes
05 Oct 2023
Allotment
01 Oct 2023
Refund
10 Oct 2023
Demat
09 Oct 2023
Listing
12 Oct 2023
Price Band
₹58–58
GMP
₹0
0%
Lot Size
2000 Shares
Min ₹116,000
Subscription
0x
Issue Size
₹16.84 Cr
Open
2023-09-29
Close
2023-10-05
Listing
2023-10-12

About the company

## **About the Sharp Chucks And Machines Limited IPO :** Incorporated in the year 1994, Sharp Chucks And Machines Limited 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. The Company also supplies to automobile industries in India and OEMs industries. The company's primary focus is to continually expand its product range through the development of new designs. Now, Sharp Chucks And Machines Limited is coming out with its initial public offer (IPO). The Company proposes to utilised the Net Proceeds from the Fresh Issue towards funding the following objects: 1. Funding our working capital requirements; and 2. General corporate purposes ## **Here are key details about the Sharp Chucks And Machines Limited IPO :** Company Name| Sharp Chucks And Machines Limited  |  | Company Type| Private ---|---|---|---|--- IPO Type|SME|

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 12 Oct 2023
      Listed 1104 days ago
      1. IPO Opens

        Completed
        29 Sept 2023

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        05 Oct 2023

        Last day to place your bid

      3. Basis of Allotment

        Completed
        01 Oct 2023

        Share allotment finalised

      4. Refund Initiation

        Completed
        10 Oct 2023

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        09 Oct 2023

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        12 Oct 2023

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      2000 shares
      Price / Share (upper)
      ₹58
      Min Investment (1 lot)
      ₹116,000
      Price Band
      ₹58–58
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      2000
      Min amount
      ₹116,000
      Max amount
      ₹116,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      4000
      Min amount
      ₹232,000
      Max amount
      ₹232,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹8.42 Cr
      Shares offered
      1,451,724
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹2.53 Cr
      Shares offered
      435,517
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹5.89 Cr
      Shares offered
      1,016,207
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).