Submarine Pens IPO Details

SME

Submarine Pens IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

Submarine Pens IPO total issue size comprises 37,02,400 shares . This includes a fresh issue of 37,02,400 shares . Pre-issue shareholding stands at 1,00,10,000, which will increase to 1,37,12,400 post-issue.

The Lead Managers for Submarine Pens IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Smart Horizon Capital Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Submarine Pens Limited DRHP.

Submarine Pens IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
GMP
₹0
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
1,00,10,000 shares
Share holding post issue
1,37,12,400 shares
Total Issue Size
37,02,400 shares
Fresh Issue
37,02,400 shares
Offer for Sale
shares
DRHP Status
Filed with Exchange

Submarine Pens IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Submarine Pens IPO Reservation

Promoter Holding

Pre Issue:96.20%
Post Issue:-
Promoter Names:
Mr. Shalibhadra P Gandhi, Ms. Pritu Shalibhadra Gandhi, Ms. Urjasvi Shalibhadra Gandhi

Documents

Submarine Pens IPO Valuations

ROE:89.26%
ROCE:74.83%
RoNW:61.72%
PAT Margin:15.58%
EBITDA Margin:18.81%

Submarine Pens Financial Information

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets19.6816.717.464.75
Total Income10.7039.3821.8110.65
Profit After Tax1.406.122.850.93
EBITDA1.707.393.431.18
NET Worth11.319.923.800.95
Reserves and Surplus1.309.913.790.94
Amount in ₹ Crore

About Submarine Pens IPO

Submarine Pens Ltd. is engaged in the manufacturing and distribution of writing instruments, with a primary focus on ball pens and allied stationery products. The company caters to everyday consumer usage, institutional demand, and mass-market requirements across India.

The company provides end-to-end services including pen manufacturing, custom branding, bulk supply, packaging, and nationwide distribution. Its offerings serve a diverse customer base comprising schools, offices, corporate clients, and entities requiring promotional and branded merchandise.

Submarine Pens Ltd. emphasizes affordability, consistent product quality, and operational efficiency. The company leverages scalable manufacturing capabilities and an efficient supply chain to execute large-volume orders while continuously adapting product designs to align with evolving consumer preferences and market trends.

Product Portfolio

  • Pens: The company designs pens on an end-to-end basis, finalizing components and sourcing quality parts to deliver functional, trend-aligned, and aesthetically diverse writing instruments.
  • Combination Sets, Pen Inks, Refills, and Other Products: The company offers theme-based pens, combination products, and curated gift sets, including corporate, festive, and promotional gifting solutions featuring distinctive designs.

Strength Of Submarine Pens IPO

To be announced

Risk Of Submarine Pens IPO

To be announced

Objectives Submarine Pens IPO

1. Funding capital expenditure for purchase of an industrial building for setting up a processing and assembly unit at Vasai, Palghar

2. Funding working capital requirements of the Company

3. General corporate purposes

Company Contact Details

118/D, Kandivali Industrial Estate, M.G Road, Kandivali (West),
Mumbai, Maharashtra , 400067
Phone: +91- 7304048908
Email: cs@submarinepens.co.in
Website: http://www.submarinepens.com/

Registrar Contact Details

Name: Bigshare Services Pvt Ltd
Phone: +91-22-62638200

Submarine Pens IPO - FAQs

The Submarine Pens IPO is a SME public issue comprising 3702400 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is shares.

The IPO opens for subscription on TBA, and closes on TBA.

Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE

The Submarine Pens IPO opens on TBA.

Submarine Pens IPO lot size is , and the minimum amount required for application is ₹.

You may apply for the Submarine Pens IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Submarine Pens IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Submarine Pens IPO allotment status for updates.

The listing date for the Submarine Pens IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Submarine Pens IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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