
## **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|
Bidding starts for all investor categories
Last day to place your bid
Share allotment finalised
Refunds credited for non-allottees
Allotted shares credited to demat account
Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 2000 | ₹116,000 | 1 | ₹116,000 | 1 lot only |
| HNI | 2 | 4000 | ₹232,000 | 2 | ₹232,000 | Min 2 lots |
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 1,451,724 | 8.42 | 0 | 0.00x | 100% |
| NII | 15% | 435,517 | 2.53 | 0 | 0.00x | 100% |
| Retail | 35% | 1,016,207 | 5.89 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).