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SM Auto Stamping listed on BSE SME at Rs.18 same as Issue price

SM Auto Stamping becomes the 319th company to get listed on BSE SME Platform.

Company : SM Auto Stamping Pvt Ltd

SM Auto Stamping got listed on SME platform of Bombay Stock Exchange on 25, February, 2020. The company shares hit the market on 3rd March, 2020 and closed on 5th March, 2020 with an initial public offering of 38.40 lacs equity shares at the value of Rs.18 per equity share, aggregating to Rs.691.20 lacs.

The share of SM Auto Stamping is listed on the BSE SME Platform under MT Group of Securities. On 16th March, 2020, that is the first day of public listing, the script of SM Auto Stamping ended at Rs.18.00.

The listing code of SM Auto Stamping on BSE SME is SMAUTO|543065| INE0C4I01011. Mr. Mukund Narayan Kulkarni, Mr. Suresh Gunwant Fegde and Mrs. Alka Mukund Kulkarni are the promoters of the company.

The company was originally incorporated as SM Auto Stamping Private Limitedon August 14, 2006. The company was converted into a Public Limited Company as SM Auto Stamping Limited on December 19, 2019.

Nashik-based SM Auto Stamping Ltd (SMASL) is a manufacturer of precision sheet metal stamping and deep drawn components such as welded assemblies & press tools. The company supplies products to TS 16949 certified clients.

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