IPO News
Home >> Markets >> Equity >> News >> IPO News Detailed News
Sandhar Technologies settles at discount
(16:55, 02 Apr 2018)

Meanwhile, the S&P BSE Sensex rose 286.68 points or 0.87% to settle at 33,255.36.

The stock debuted at Rs 345, a premium of 3.92% to the initial public offer (IPO) price. The stock had hit a high of Rs 351.45 and low of Rs 338.05. On BSE, 13.16 lakh shares were traded on the counter.

The IPO of Sandhar Technologies opened on 19 March 2018 and closed on 21 March 2018. The issue received bids for 6.73 crore shares. The issue was subscribed 6.73 times. The company had priced the IPO at the top end of the Rs 327 to Rs 332 a share price band.

On a consolidated basis, Sandhar Technologies reported profit after tax of Rs 34.57 crore and net sales of Rs 989.41 crore in six-months ended September 2017.

Sandhar Technologies is a component supplier primarily catering to automotive original equipment manufacturers (OEMs). It is 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.

Powered by Capital Market - Live News

Adani Ports & Special Economic Zone Ltd     333.35   Up   12.10 (3.77%)   Asian Paints Ltd     1,267.60   Up   17.30 (1.38%)   Axis Bank Ltd     588.85   Up   12.30 (2.13%)   Bajaj Auto Ltd     2,610.50   Down   -9.95 (-0.38%)   Bajaj Finance Ltd     2,308.85   Up   2.65 (0.11%)   Bajaj Finserv Ltd     5,657.10   Up   22.85 (0.41%)   Bharat Petroleum Corporation Ltd     302.10   Up   5.75 (1.94%)   Bharti Airtel Ltd     294.00   Up   2.90 (1.00%)   Bharti Infratel Ltd     266.25   Down   -2.35 (-0.87%)   Cipla Ltd     639.75   Down   -8.10 (-1.25%)   Coal India Ltd     276.40   Up   0.75 (0.27%)   Dr Reddys Laboratories Ltd     2,573.60   Up   6.75 (0.26%)   Eicher Motors Ltd     23,002.15   Down   -432.35 (-1.84%)   GAIL (India) Ltd     352.30   Up   1.25 (0.36%)   Grasim Industries Ltd     905.50   Up   7.60 (0.85%)   HCL Technologies Ltd     1,003.40   Up   0.45 (0.04%)   HDFC Bank Ltd     1,992.75   Down   -15.30 (-0.76%)   Hero Honda Motors Ltd     2,895.20   Up   13.95 (0.48%)   Hindalco Industries Ltd     230.55   Down   -1.20 (-0.52%)   Hindustan Petroleum Corporation Ltd     212.15   Down   -0.35 (-0.16%)   Hindustan Unilever Ltd     1,546.20   Up   19.90 (1.30%)   Housing Development Finance Corporation Ltd     1,756.25   Up   23.35 (1.35%)   ICICI Bank Ltd     320.65   Up   7.30 (2.33%)   Indiabulls Housing Finance Ltd     907.35   Down   -41.55 (-4.38%)   Indian Oil Corporation Ltd     135.45   Up   0.40 (0.30%)   IndusInd Bank Ltd     1,620.55   Down   -6.40 (-0.39%)   Infosys Technologies Ltd     695.25   Down   -3.55 (-0.51%)   ITC Ltd     282.65   Up   0.15 (0.05%)   JSW Steel Ltd     373.60   Down   -3.20 (-0.85%)   Kotak Mahindra Bank Ltd     1,175.75   Up   5.30 (0.45%)   Larsen & Toubro Ltd     1,224.65   Up   8.25 (0.68%)   Mahindra & Mahindra Ltd     777.70   Up   28.70 (3.83%)   Maruti Suzuki India Ltd     7,150.90   Down   -31.10 (-0.43%)   NIFTY (S&P CNX)     10,584.75   Up   72.25 (0.69%)   NTPC Ltd     163.95   Down   -0.70 (-0.43%)   Oil & Natural Gas Corpn Ltd     165.60   Up   5.45 (3.40%)   Power Grid Corporation of India Ltd     187.20   Down   -0.90 (-0.48%)   Reliance Industries Ltd     1,163.80   Up   24.05 (2.11%)   State Bank of India     270.30   Up   7.10 (2.70%)   Sun Pharmaceuticals Industries Ltd     602.70   Up   2.75 (0.46%)   Tata Consultancy Services Ltd     1,962.30   Up   12.80 (0.66%)   Tata Motors Ltd     185.85   Up   1.50 (0.81%)   Tata Steel Ltd     572.80   Up   2.80 (0.49%)   Tech Mahindra Ltd     718.70   Up   24.15 (3.48%)   Titan Company Ltd     810.60   Up   3.40 (0.42%)   UltraTech Cement Ltd     3,752.70   Up   44.30 (1.19%)   UPL Ltd     642.10   Up   6.15 (0.97%)   Vedanta Ltd     212.45   Up   1.85 (0.88%)   Wipro Ltd     319.05   Down   -0.90 (-0.28%)   Yes Bank Ltd     248.90   Up   2.90 (1.18%)   Zee Entertainment Enterprises Ltd     469.75   Down   -2.75 (-0.58%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com