Sandhar Technologies Ipo Share Price

Sandhar technologies ipo share price

Business description – Sandhar Technologies is the leader in the two-wheeler locking systems market, and the commercial vehicle rear view market in India, and is one of the two largest companies catering to the commercial vehicle locking systems market, and the two-wheeler rear view market in India.

Sandhar technologies ipo share price

It is also one of the two largest manufacturers of operator cabins in India, along with being the largest player in the excavator cabins market. Our business involves designing and manufacturing a diverse range of automotive components, parts and systems, driven by technology, process, people and governance.

Sandhar Technologies’ customer portfolio consists of 79 Indian and global OEMs across various segments.

Sandhar Technologies agreement with Korean Company

The company manufactures its products from 29 manufacturing facilities across eight states in India, two manufacturing facilities in Spain, and one manufacturing facility in Mexico.

Promoters of Sandhar Technologies – Jayant Davar
Sandhar Technologies IPO details
Subscription Dates19 – 21 March 2018
Price BandINR327 – 332 per share
Fresh issueINR300 crore
Offer For Sale8,000,000 shares (INR261.6 – 265.6 crore)
Total IPO sizeINR561.6 – 565.6 crore
Minimum bid (lot size)45 shares
Face Value INR10 per share
Retail Allocation35%
Listing OnNSE, BSE
Use of funds
  • Repayment/prepayment of certain loans – INR225 crore
  • General corporate purposes
Sandhar Technologies’ financial performance (in INR crore)
FY2013FY2014FY2015FY2016FY2017H1 FY2018
Total revenues1,162.31,268.91,487.31,517.91,633.5990.6
Total expenses1,066.91,148.71,342.91,371.91,481.1887.0
Profit after tax19.233.238.433.739.634.6
Net margin (%)1.72.62.62.22.43.5

Sandhar Technologies Contact Details

Sandhar Technologies Limited 
#13
Sector – 44
Gurugram – 122 002

Phone: +91 124 451 8900
Fax: 
+91 124 451 8912
Email:
[email protected]
Website: www.sandhargroup.com

Registrar of Sandhar Technologies IPO

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai – 400 083

Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: http://www.linkintime.co.in

Valuation of Sandhar Technologies (Based on latest FY)

Earnings Per Share (EPS): INR7.66

Price/Earnings (P/E) ratio: 42.68 – 43.34

Return on Net Worth (RONW): 13.01%

Net Asset Value (NAV): INR58.91 per share

Sandhar Technologies IPO Subscription Details

CategoryShares offeredSubscription (no.

of times) 

Day 1Day 2Day 3
QIB3,085,5050.000.8914.49
NII2,336,1470.000.076.38
Retail5,451,0090.090.171.09
Total10,872,6610.050.406.02

Sandhar Technologies IPO Allotment Status

Sandhar Technologies IPO allotment status is now available on Link Intime’s website.

Click on this linkto get allotment status.

Listing Performance of Sandhar Technologies

IPO Opening Date: 19 March 2018

IPO Closing Date: 21 March 2018

Finalisation of Basis of Allotment: 26 March 2018

Initiation of refunds: 27 March 2018

Transfer of shares to demat accounts: 28 March 2018

Listing Date: 2 April 2018

Listing Price on NSE: INR346.1 per share (up 4.25% from IPO price)

Closing Price on NSE: INR322.15 per share (down 2.96% from IPO price)

Sandhar technologies ipo share price