Marshall Machines Limited
Issue Analysis :
| Issue opens | Aug 28, 2018 |
| Issue Closes | Aug 30, 2018 |
| Issue Price | Rs 42 |
| Lot Size | 3000 |
| Issue Size | 16.25 Cr |
| Lead Manager | SARTHI CAPITAL ADVISORS PRIVATE LIMITED |
| Registrar | BIGSHARE SERVICES PVT. LTD |
| Platform | NSE |
Company’s Snapshot :
Incorporated in 1994, Punjab based Marshall Machines Limited is a company engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment. The company is among first Indian CNC Machine manufacturers.
The company manufactures a wide range of CNC Turning Centers including its Patented Double Spindle CNC Turning Centers. It provides complete machining solutions to manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, Bushes, etc. The company’s customer list includes GNA, USHA, HERO HONDA, HAVELLS, ROCKMAN, AMTEK AUTO etc.
Marshall Machines has an IoTQ and super-optimized machine technology demonstartion center at IMT Gurugram, Haryana. It also has 2 R&D denters in Ludhiana. The centers are focussed on development of super-optimized machines and smart automated machine tool cells.
The company has 256 permanent employees on its payroll.
Object of the Issue:
The Objects Of The Issue are-
- Capacity Augmentation
- Upgradation of existing R&D and IOTQ centers
- Establishment of new IOTQ centers
- Working Capital Requirements
- General Corporate Purpose
- Issue Expenses
Financial Highlights :
| Summary of financial Information (Restated) | ||||||
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
| 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | ||
| Total Assets | 7,964.13 | 6,503.73 | 5,935.76 | 5,955.71 | 5,270.74 | |
| Total Revenue | 5,942.43 | 5,054.42 | 4,390.66 | 4,257.46 | 3,928.43 | |
| Profit After Tax | 500.30 | 110.49 | 41.53 | 24.96 | 58.76 | |
Company Promoters:
The promoters of the company are Gaurav Sarup and Prashant Sarup.
Contact Company Information:
Marshall Machines Limited
C-86, Phase-V,
Focal Point, Ludhiana,
Punjab 141010
Phone: +91 161 5012406/2407,
Fax: +91 161 5012408
Email: gaurav.sarup@marshallcnc.com
Website: http://www.marshallcnc.com/
For Beeline Assistance: Contact Here