Issue Price
₹42
Per Share
GMP
NIL
Grey Market
Est. Listing
₹42
Expected Price
Min. Application
₹252,000
2 lots × 3000 shares
Incorporated in 1994, Punjab based Marshall Machines Limited is a company engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment. The company is among first Indian CNC Machine manufacturers.The company manufactures a wide range of CNC Turning Centers including its Patented Double Spindle CNC Turning Centers. It provides complete machining solutions to manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, Bushes, etc. The company's customer list includes GNA, USHA, HERO HONDA, HAVELLS, ROCKMAN, AMTEK AUTO etc.Marshall Machines has an IoTQ and super-optimized machine technology demonstartion center at IMT Gurugram, Haryana. It also has 2 R&D denters in Ludhiana. The centers are focussed on development of super-optimized machines and smart automated machine tool cells.The company has 256 permanent employees on its payroll.
Marshall Machines Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 198,000 | — | ₹0.83 Cr | — |
| TOTAL | 3,870,000 | 100.00% | ₹16.25 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹126,000 |
| Retail (Max) | 13 | 39,000 | ₹1,638,000 |
| sNII (Min) | 14 | 42,000 | ₹1,764,000 |
| bNII (Min) | 68 | 204,000 | ₹8,568,000 |
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 5942.43 | 5054.42 | 4390.66 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 500.30 | 110.49 | 41.53 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 7964.13 | 6503.73 | 5935.76 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |