Marine Electricals (India) Limited
LISTEDSME IPO · IPO Guide
Issue Price
₹64 – ₹66
Listed On
11 Oct 2018
Listing Price
₹66.60 (+0.91%)
Current Price LIVE
₹66.60
(+0.91%)
Lot Size Calculator
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,32,000 |
| Retail (Max) | 2 | 4,000 | ₹2,64,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,96,000 |
| S-HNI (Max) | 7 | 14,000 | ₹9,24,000 |
| B-HNI (Min) | 8 | 16,000 | ₹10,56,000 |
As per financials, company's performance is good, RoNw is 15.09% for last three fiscal and issue is reasonably priced as per latest earnings. If company can maintain FY18 performance and keep trade receivables in check, than it's good investment for long term. Performance of BRLM is good. So we give rating to this SME IPO as per current market situation.
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Disclaimer
No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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