The SMPP SME IPO has been announced and its dates are awaited, with the shares to list on BSE, NSE. MUFG Intime India Private Limited (Link Intime) is the registrar to the issue, and Axis Capital Limited, ICICI Securities Limited, IIFL Capital Services Limited, Jm Financial Limited, Motilal Oswal Investment Advisors Limited are the lead managers.
SMPP Limited is a manufacturer and designer of defence equipment. The company produces ammunition parts, personal protection items and protection kits for land, air and sea platforms. The product range of the company encompasses Bullet Resistant Jackets, Bullet Resistant Helmets, Bullet Resistant Hard Armor Plates, Bullet Resistant Shields and Combustible Cartridge Cases. The company serve the equipment needs of the armed forces, police, paramilitary and other security forces.
The company has been exporting our personal protection products since 2008 and has shipped the products to customers in 23 countries of Europe and Asia during April 1, 2021 to June 30, 2024. The manufacturing facility of the company is located in Palwal, Haryana, India (Palwal Manufacturing Facility).
As described in the offer document.
| Metric | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
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Dr. Shiv Chand Kansal, Dr. Madhu Kansal, Ashish Kansal.
Work out the listing gain for this SME IPO
Applications are made through ASBA, where the money is blocked in your own bank account rather than paid, or through a UPI mandate for applications up to five lakh rupees. Through your broker's app, choose the issue, the number of lots and the price; bid at the cut-off price so that the application is valid whatever price the issuer finally fixes; and approve the UPI mandate that arrives from your bank.
Through net banking, the ASBA form in your bank's IPO section does the same without a broker. One application per PAN counts; a second application in the same name is rejected, though applications in family members' names with their own PANs and demat accounts are separate.
Retail applications are capped at two lakh rupees; above that you apply as a non-institutional investor, where allotment is proportionate rather than by lottery. The money stays in your account and earns interest until allotment, and the block is released on the allotment date if you receive nothing.
The expected listing premium, usually called the grey market premium, is the amount per share that unofficial dealers are quoting for the issue before it lists. It is a sentiment reading, not a price you can transact at, and it is not regulated by SEBI or the exchanges. It moves through the day, usually tracks subscription, and often changes sharply in the final hours before listing.
Rupix records every observation and shows the trend, as a percentage of the top of the price band so that issues of different sizes can be compared. It is one input, alongside subscription, the company's financials and the valuation the issue asks for, and it does not predict the listing price.
SMPP IPO is an issue of about ₹4,000 crore, proposed to be listed on BSE and NSE. The IPO dates, price band and lot size are yet to be announced. MUFG Intime India Private Limited (Link Intime) is the registrar. Axis Capital Limited and 4 other book running lead managers manage the issue.
The price details for SMPP IPO are not available yet.
The lot size of SMPP IPO is not announced yet.
The minimum investment for SMPP IPO is not announced yet.
SMPP IPO opening and closing dates are not announced yet. We will update the SMPP IPO opening and closing dates as soon as they are available.
SMPP IPO allotment date is not announced yet. We will update the SMPP IPO allotment date as soon as it is available.
SMPP IPO listing date is not announced yet. We will update the SMPP IPO listing date as soon as it is available.
No recorded Grey Market Premium (GMP) quote is currently available for SMPP IPO. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check SMPP IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the SMPP IPO allotment status on Rupix for quick and easy access.