Marshall Machines IPO is all set to make its debut on 28th Aug 18 with 16.25 Cr is a company engaged in the business of developing, manufacturing and marketing Machine Tool Equipment.
Marshall Machines IPO – overview
| IPO Dates | 28-30 Aug 18 |
| IPO Price | INR 42 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 3,870,000 shares (INR 16.25 crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Marshall Machines IPO – Tentative Dates
| IPO Offer Opening Date | 28 Aug 2018 |
| IPO Closing Date | 30 Aug 2018 |
| Finalization of Basis of Allotment | 5 Sept 2018 |
| Initiation of refunds | 6 Sept 2018 |
| Transfer of shares to demat accounts | 6 Sept 2018 |
| IPO Listing Date | 10 Sept 2018 |
Company Overview
Incorporated in 1994, Punjab based Marshall Machines Limited is a company engaged in the business of developing, manufacturing and marketing 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 IoT and super-optimized machine technology demonstration center at IMT Gurugram, Haryana. It also has 2 R&D centers in Ludhiana. The centers are focused on the development of super-optimized machines and smart automated machine tool cells.
Objects of the Issue
- Capacity Augmentation.
- Upgradation of existing R&D and IOTQ centers
- Establishment of new IOTQ centers
- Working Capital Requirements
- General Corporate Purpose
- Issue Expenses
Company Financials
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
| Total Assets | 7,964.13 | 6,503.73 | 5,935.76 |
| Total Revenue | 5,942.43 | 5,054.42 | 4,390.66 |
| Profit After Tax | 500.30 | 110.49 | 41.53 |
Company Contact Information
Marshall Machines Limited
C-86, Phase-V,
Focal Point, Ludhiana,
Punjab 141010
Phone: +91 161 5012406/2407,
Email: gaurav.sarup@marshallcnc.com
Website: http://www.marshallcnc.com/
Marshall Machines IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Marshall Machines IPO Lead Manager(s)
- Sarthi Capital Advisors Private Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
