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Saturday, 24 March 2018

Sandhar Technologies Limited (IPO)

SANDHAR TECHNOLOGIES LIMITED 

Nature of Business :

  Jayant Davar started a company in 1985, that supplied some sheet metal parts to Hero Motorcycles. Company started to grow in a quick time. after some years company had some bigger clients like Honda, Japans's companies etc. Company's production output is Door handles, Vision Systems, Locking Systems, Sheet Metal components, handle Bars & Assemblies, Moulds & Dies etc.




Issue Details :

  IPO Begins : 19th March, 2018
  IPO Ends : 21st March, 2018
  Issue Price : Rs.327 - Rs.332 Per Equity Share
  Market Lot : 45 Shares
  Amount : Rs.14,715 (for Retail & Employee)
                   Rs.14,940 (for QIB & HNI)
  IPO Size : Rs.300 Crore (Approx)
  No. of Equity : 80,00,000 Shares
  Retail Portion : 35%
  Face value : Rs.10 per Equity Share
  Basis of allotment : 2nd April, 2018
  Initiation of Refunds : 3rd April, 2018
  Credit to Demat account : 4th April, 2018
  Listing Date : 5th April, 2018



Sandhar Technologies's Lead Managers :

  • Axis Capital Limited
  • ICICI Securities Limited


Sandhar Technologies's Promoters :

  •      Jayant Davar

Sandhar Technologies's IPO Registrar :

    Link Intime Private Limited 
    Phone : +91 22 6171 5400
    Fax : +91 22 2596 0329
    Email : stl.ipo@linkintime.co.in
    Website : www.linkintime.co.in


Sandhar Group's Address :

  Sandhar Group,   
  b-6/20,
  Safdarjung Enclave,
  New Delhi - 110 029,
  India.
  Phone : +91 124 451 8900
  Fax : +91 124 451 8912
  Email : info@sandhar.in
  Website : www.sandhargroup.com


Disclaimer :

    Listing price would be depend on the market situation.