Swastik Pipe IPO is the manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold Rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, and Solar Structure.
Swastik Pipe Limited is the manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold Rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, and Solar Structure.
The company has two plants located at Bahadurgarh, Distt. Jharjjar, Haryana (Unit no.1) and at Kotwan, Kosi Kalan, Distt. Mathura, Uttar Pradesh (Unit No. 2) with an installed capacity, both units aggregating 2,01,250 MT.
Swastik Pipe has diversified its Manufacturing activities towards the production of Solar Module Mounting Structures, Transmission Towers, Steel Tubular Poles and Solar Poles Special Structure for Railways, Scaffolding and Formwork.Swastik Pipe Ltd is one of the oldest manufacturers and suppliers of steel pipes and tubes to various heavy engineering industries in India and abroad. The company’s customers are HPSCSC, SHIMLA, Emanate Pipe Private Limited, Vindhya Telelinks Limited, Harsh Steel Pipes, and SUPER STAR STEELS (P) LTD., among others.
Competitive Strengths
Meeting expectation of clients
Social media and digital advertising.
Objects of the Issue
To meet out the Working Capital requirements of the Company.
Maagh Advertising And Marketing Services IPO -Tentative Dates
IPOOffer Opening Date
29 September 2022
IPO Closing Date
4 October 2022
Finalisation of Basis of Allotment
10 October 2022
Initiation of refunds
11 October 2022
Transfer of shares to demat accounts
12 October 2022
IPO Listing Date
13 October 2022
Opening Price on BSE SME
Coming soon
Closing Price on BSE SME
Coming soon
Maagh Advertising And Marketing Services IPO- Company Overview
Maagh Advertising and Marketing Services Limited is an advertising agency primary offering creative and media services. The company offers a complete range of designing, media and printing services.
The company services include the following:
Media Services: Print, Outdoor, Radio, social media, Media Planning, Buying and implementation
Creative Services: Concept Development, Print advertisements, Radio Spots, Outdoor advertisements, Online advertisements, Logo Design and Packaging Design.
Social Media Advertising: Creative web designing, SEO Services and Campaigns.
Other Services: Public Relation Campaigns and Product Launch campaigns.
The company also rely heavily on third parties like material suppliers, designers, media providers and other service providers to help us meet the contractual obligations and provide services as required by the client.
Incorporated 2004, Frog Cellsat Limited is engaged in manufacturing of telecom equipment used by telecom operators especially in Telecom Towers. The company manufactures 2G/3G/4G Multi-band Digital RF Repeaters, Multi-band Frequency Shift Repeater, Multi-band Optical DAS system, relative software and accessories.
The company offers services such as Installation and Roll-out Services, Network Maintenance Services and Installation and Roll-out Services.
Frog Cellsat Limited has two production unit one is located in Noida and second one is in located in Dehradun. The company’s design, development, manufacturing, and quality control processes are ISO 9001:2015 certified.
Frog Cellsat Limited is providing its products and services across Asia, Europe, Africa, and the Middle East.
Competitive Strengths
Leveraging the experience of our Promoters and management.
Harsha Engineers which is a leading manufacturer of precise bearing cages is all set to launch its IPO of size 755 CR. The company has allocated 50% of the offer to qualified institutional buyers (QIBs), 35% to retail investors, and 15% to non-institutional investors. The offer also includes a subscription reservation for eligible employees. Investors can place bids on a minimum of 45 shares at a price band of INR 314-330 per share.
Harsha Engineers IPO – Overview
Harsha Engineers International was subscribed 74.70 times on the last day of subscription, which ended on 16th SEP 2022 due to strong demand from institutional buyers. According to NSE data, the public issue received bids for 125.96 crore shares versus 1.68 crore shares on offer. Harsha Engineers International intends to raise Rs 755 crore through an IPO (IPO). It is made up of a new issue of equity shares worth Rs 455 crore and an offer-for-sale (OFS) by existing shareholders worth up to Rs 300 crore. Rajendra Shah, Harish Rangwala, Pilak Shah, Charusheela Rangwala, and Nirmala Shah will dilute their ownership as part of the OFS.
The market for bearings was worth USD 85.2 billion in 2015 and was worth USD 106.1 billion in 2019 leading to a CAGR of 5.6%. The global Covid-19 outbreak caused supply chain restrictions and a drop in demand, which led to a contraction in the bearings market in 2020. However, a recovery was noted in 2021, and the market increased by 12% annually to USD 104.6 billion.
The market for bearings is anticipated to grow at a CAGR of 6% to 8% from 2021 to 2029 and is projected to reach a value of USD 171.7 billion. This growth is attributed to the anticipated increase in the usage of bearings in a variety of applications, including mining, automotive, heavy machinery, infrastructure development, power generation, and construction.
Global Bearing Market Industry Overview
Harsha Engineers–Company Overview
Harsha Engineers International Limited is one of the top manufacturers of precise bearing cages in the world and the largest producer of such cages in the organised sector in India. For brass, steel, and polyamide cages the company is holding 50% of market share in the organised section of the Indian bearing cages market and 5.2% of the market share globally
The corporation runs its operations in two segment :
Engineering business: This is where the company produces sophisticated and specialised precision stamped components, welded assemblies, brass castings, cages, and bronze bushings, as well as bearing cages (made of brass, steel, and polyamide materials).
The company’s solar EPC division offers full, comprehensive turnkey solutions for all solar PV needs.
Harsha Engineers IPO Details
Harsha Engineers IPO Date
Sep 14, 2022 to Sep 16, 2022
Harsha Engineers IPO Face Value
₹10 per share
Harsha Engineers IPO Price
₹314 to ₹330 per share
Harsha Engineers IPO Lot Size
45 Shares
Issue Size
shares of ₹10(aggregating up to ₹755.00 Cr)
Fresh Size
shares of ₹10(aggregating up to ₹455.00 Cr)
Offer for sale
shares of ₹10(aggregating up to ₹300.00 Cr)
Employee Discount
Rs 31 per Equity Share
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE
QIB Shares Offered
Not more than 50% of the Net Offer
NII (HNI) Shares Offered
Not less than 15% of the Net Offer
Retail Shares Offered
Not less than 35% of the Net Offer
Company Promoters
Rajendra Shah, Harish Rangwala, Vishal Rangwala, and Pilak Shah are the company promoters.
The company manufacturing facilities at Changodar and one at Moraiya, near Ahmedabad in Gujarat in India, and one manufacturing unit each at Changshu, China and Ghimbav Brasov in România. and the company supplies products to customers in over 25 countries covering five continents i.e., North America, Europe, Asia, South America and Africa. To help diversify its revenue, Harsha Engineers International has warehouses in over 20 countries around the world, including Europe, the United States, China, and South America.
Harsha Engineer Global Footprint
Harsha Engineers IPO – Proceeds
The IPO proceeds would be utilised for the following purposes;
Pre-payment or scheduled repayment of a portion of the existing borrowing availed by the Company.
Funding capital expenditure requirements towards purchase of machinery.
Infrastructure repairs and renovation of existing production facilities including office premises in India.
General corporate purposes.
Harsha Engineers – Management
The management team of Harsha engineers has more than 25 years of combined industry expertise.
Harsha Engineers – Financial Statements
Harsha Engineer Financials
Harsha Engineer Valuation
Harsha Engineers IPO –Strength
Harsha Engineers has manufactured more than 7,500 types of products in the automotive and industrial segments
Harsha Engineers Supplies products to customers in over 25 countries
Around 64% of the engineering business revenue in FY22 came from outside India
Supplies to each of the top six global bearing manufacturers
The average age of its relationship with its top five customer groups spans more than a decade
Harsha Engineers IPO – Weakness
Top five customers accounted for 71% of the revenue from the engineering business in FY22
Around 94% of its revenue came from the engineering business in FY22
Harsha Engineer operations require constant power supply and any disruption in the supply of power may affect manufacturing.
Harsha Engineer is highly Exposed to foreign currency exchange rate fluctuations, which may adversely affect its revenue from operations.
Reported a loss in FY19 and may incur additional losses in the future
Lloyds Luxuries IPO is among the organized player of salon services and beauty products in India, focused on grooming men to perfection. The company owns the exclusive franchisee of True Fitt & Hill, which is an international brand offering a wide range of beauty products and salon services for men through luxury barbershops operating across many countries.
Established in 2013, Lloyds Luxuries Limited is among the organized player of salon services and beauty products in India, focused on grooming men to perfection. The company owns the exclusive franchisee of Truefitt & Hill, which is an international brand offering a wide range of beauty products and salon services for men through luxury barbershops operating across many countries.
As of March 31, 2022, Lloyds Luxuries Limited operates 14 barber stores under the brand Truefitt & Hill across 7 cities in India. The Company holds the Master Franchise Agreement of “Truefitt & Hill” up to 2043. The company owns exclusive rights to open stores under the brand name of “Truefitt & Hill” either directly or through sub-franchisee arrangements in India, Nepal, Sri Lanka, Bhutan, Vietnam, Myanmar and Bangladesh. As of March 31, 2022.
In addition, the company has obtained an exclusive franchise for MARY COHR in 2019 for 10 years, a French Beauty Salon which has a presence across the Globe.
Competitive Strengths
Use of the established Brand name.
Wide Experience of our Promoter and strong management team.
Incorporated in 2016, Silicon Rentals Solutions Limited is an IT equipment outsourcing company, engaged in providing end-to-end IT equipment on a rental and returnable basis in India. The company provides laptops, desktops, printers, servers and other peripherals like CCTV cameras, projectors, storage devices, etc., mainly to small, medium and large corporate.
The company supports enterprises by providing them with the required IT products and equipment of major brands for a short period ranging from 1 day to a longer period up to 36 months based on the customer requirements.
The company provides IT renting services to the client base present in almost 16 states and 3 Union Territories across India. Silicon Rentals Solutions also has a trained and dedicated team of engineers who are capable of providing the support and maintenance of the hired equipment.
The company has a registered office located in Mumbai and Branch offices in Pune, New Delhi and Kolkata.
Objects of the Issue
To meet Capital Expenditure requirements relating to IT equipment
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
Cargosol Logistics IPO is a complete 3 PL (third-party logistics) service provider, delivering end-to-end solutions in the logistics and supply chain domain involving multimodal transport operations (MTO), owning and operating container, sea and air freight, transportation, warehousing, custom clearance services and handling of project cargo.
The company is into third-party logistics service provider, delivering end-to-end solutions in the logistics and supply chain domain involving multimodal transport operations (MTO), owning and operating container, sea and air freight, transportation, warehousing, custom clearance services and handling of project cargo.
The company also handle NVOCC (Non-Vessel Owning Common Carrier) facility for the sectors like Indian Sub-continent, Middle East, Upper Gulf, South East Asia and part of Europe through our slot arrangements with feeder operator as well as with mainline operators.
Cargosol Logistics Limited’s customers operate in various sectors across India, including automotive and heavy engineering, telecom, food and agro, fastmoving consumer goods (“FMCG”), paint and dairy.
For the period ending December 31, 2021, and the year ended on March 31, 2021, 2020 and 2019 our total revenue as per Restated Financial Statements were Rs. 135.17 crores, Rs. 103.59 crores, Rs. 64.12 crores and Rs. 55.90 crores respectively.
Objects of the Issue
Purchase of vehicle for commercial purpose.
Purchase of Containers for expansion of the Non-Vessel Owning Common Carrier (NVOCC) division.
Cyber Media Research IPO is engaged in ad tech and data analytics business. The Company has four revenue streams i.e., Digital Marketing, Programmatic Media Buying, Publisher Monetization, and Data Analytics.
Cyber Media Research & Services Limited is engaged in ad tech and data analytics business. The Company has four revenue streams i.e., Digital Marketing, Programmatic Media Buying, Publisher Monetization, and Data Analytics.
The company’s business model:
Publisher: The Company ties up with web channels & publishers to monetize their ad inventory. This is monetized via demand platforms such as Google. Google, and similar demand networks, monetize this inventory from several advertisers and pays based on advertisements served on that inventory.
Advertiser: CMRSL signs directly with brands for their digital marketing campaigns. These campaigns are performance-based and involve campaign management, app installs, advisory services, creative services, social media planning, and social media execution. Billing is services based.
The company’s customers include web networks & publishers, including mobile web, app and video publishers such as Ebound Services FZE, Skymet Weather, News Distill, Strit Media, Sweg Enterprises, GEMS Business School, Apeejay Education Society, Waterfront Quantum Ventures (Shahnaz Husain), Rusk Media, Laborate Pharmaceuticals, Catch Up Technologies, among others.
Objects of the Issue
Funding additional Working capital requirements
General Corporate Purposes
Company Financials
Particulars
31-March-22
31-June-21
31-Mar-20
Total Assets
1699.99
1707.81
1629.85
Total Revenue
3016.36
3048.04
3870.14
Profit After Tax
66.29
7.72
27.49
Company Contact Information
Cyber Media Research & Services Ltd D-74, Panchsheel Enclave, New Delhi, 110017 Phone: +91-011- 26491135 Email: enquiry@cmrsl.net Website: https://www.cmrsl.net/
Concord Control Systems IPO is engaged in the business of manufacturing and supply of coach-related and electrification products for Indian Railways and other Railway Contractors
Incorporated in 2011, Concord Control Systems Limited is engaged in the business of manufacturing and supply of coach-related and electrification products for Indian Railways and other Railway Contractors. The company manufactures products required in railway coaches like Inter-Vehicular Coupler, Emergency Lighting System, Brushless DC carriage fan, Exhaust fans, Cable Jackets, Bellows etc. and products required in the electrification of coaches and broad-gauge network of Indian Railways like Battery Charger 200 AH, Battery Charger 40 AH, Tensile Testing Machine.
Concord Control Systems Limited is an approved vendor by Research Design and Standards Organization (“RDSO”) to manufacture and supply these products for the Indian Railways.
Currently the company has two manufacturing units situated at Lucknow, Uttar Pradesh with a total size admeasuring over 1880 sq. Mtrs.
The key clients of the company include various zones of the Indian Railways like Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, North Frontier Railway, East Central Railway, Central Organization for Railway Electrification (CORE) and organizations like KEC International Limited, Larsen & Toubro Limited, Kalpataru Power Transmission Ltd., Rail Vikas Nigam Limited, Fedders Lloyd Corporation Limited, Tata Projects Limited and many more.
Competitive Strengths
Wide range of logistics services and solutions.
Diversified customer base across varied industry verticals.
Long standing relationship with Customers.
Strong relationship with constituents of logistics value chain.
Cargotrans Maritime IPO is an international logistics solutions provider. The company’s core business is providing sea logistics services including ocean freight forwarding (FCL and LCL), transportation, customs clearance, warehousing and other value-added services to clients.
Incorporated in 2012, Cargotrans Maritime Limited is an international logistics solutions provider. The company’s core business is providing sea logistics services including ocean freight forwarding (FCL and LCL), transportation, customs clearance, warehousing and other value-added services to clients.
The company operates at 4 seaports in Gujarat i.e., Mundra, Hazira, Kandla and Pipavav. Currently, Cargotrans Maritime operates a fleet of 9 owned commercial trailers for moving containers and apart from this company also hires third-party transport operators to meet the shipping demand of the customers.
Competitive Strengths
Wide range of logistics services and solutions.
Diversified customer base across varied industry verticals.
Long standing relationship with Customers.
Strong relationship with constituents of logistics value chain.
