Sandhar Tech Ipo :GMP, Issue Size, Issue Price and Important dates

SANDHAR TECH IPO is all set to make a debut in the stock market with an issue size of 565.6 Cr.   

Sandhar Tech IPO – Overview    

Issue Date	19-21 March 2018
Sandhar Tech IPO Opening Date	21 March 2018
Sandhar Tech IPO Face Value	INR 10 per share
Sandhar Tech IPO Price	INR 332 per share
Sandhar Tech IPO Lot Size	45 Shares
Issue Size	565.6 Cr
Issue Type	Book built Issue IPO
Listing At	BSE, NSE
QIB Shares Offered	14.50 times
NII (HNI) Shares	6.39 times
Company Promoters	The Promoter of the Company is Mr. Jayant Davar. The Promoter directly holds 31,306,426 Equity Shares (inclusive of the 90,909 Equity Shares held by him in his capacity as sole proprietor of Sandhar Enterprises), representing 61.20% of the pre-Offer issued, subscribed, and paid-up capital of the Company.

Tentative Dates           

Sandhar Tech IPO opening date	19 March 2018
Sandhar Tech IPO closing date	21 March 2018
Basis of Allotment	22 March 2018
Initiation of Refunds	23 March 2018
The credit of Shares to Demat	27 March 2018
Sandhar Tech IPO Listing Date	30 March 2018

Company Overview    

 in the business of designing and manufacturing a diverse range of automotive components, parts and systems, largely focused on safety and security systems of vehicles.

The company is a leader in the two-wheeler locking systems market, and the commercial vehicle rear view market in India., and are one of the two largest companies catering to the commercial vehicle locking systems market, and the two wheeler rear view market in India.

Industry Overview    

The two wheelers segment dominates the Indian auto industry (~80% by volumes) and primarily dictates its tone. A robust 5.3% CAGR in total two-wheeler sales accelerated auto industry growth, along with a 4% growth in the passenger vehicles segment.

 IPO-Objectives           

1. Repayment or prepayment in full, or in part of certain loans availed by the Company. 
2. General corporate purposes 

Financial Statements          

Summary of financial Information (Restated Standalone) 

Particulars	For the year/period ended (in Rs. million)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	8,449.03	7,640.62	7,504.36	6,213.64	5,424.39
Total Revenue	13,743.14	12,933.59	12,624.16	10,438.24	9,643.81
Profit Before Tax	453.30	433.67	478.69	407.61	263.04
Profit After Tax	366.42	322.67	348.37	337.64	208.01

Comparison With Peers: 

Company Contact Information 

Sandhar Technologies Limited 
B-6/20, L.S.C. 
Safdarjung Enclave 
New Delhi � 110 
Phone: +91 124 451 8900 
Email: info@sandhar.in 
Website: http://www.sandhargroup.com/ 

Registrar 

Link Intime India Private Ltd 
 
Phone: +91-22-4918 6270 
Email: stl.ipo@linkintime.co.in 
Website: https://linkintime.co.in/ 

Lead Manager(s) 

1. Axis Capital Limited (Past IPO Performance) 

2. ICICI Securities Limited (Past IPO Performance) 

Lead Manager Reports 

• IPO Lead Manager Performance Summary 
• IPO Lead Manager Performance Tracker