Incorporated in 1987, Sandhar Technologies Limited is New Delhi, India based company engaged 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.
The company is a leader in the two-wheeler locking systems market, and the commercial vehicle rear view market in India., and are one of the two largest companies catering to the commercial vehicle locking systems market, and the two wheeler rear view market in India. It is also one of the two largest manufacturers of operator cabins in India, along with being the largest player in the excavator cabins market.
The company manufacture its products from 29 manufacturing facilities across eight states in India, two manufacturing facilities in Spain, and one manufacturing facility in Mexico.
The company’s customer portfolio consists of 79 Indian and global OEMs across various segments including Ashok Leyland, Doosan Bobcat, Escorts, Hero, Honda Cars, Komatsu, Scania, TAFE, Tata Motors, TVS, UM Lohia, and Volvo etc. In the last 12 years, the Company has received investment by two private equity investors, namely Actis Group and GTI.
As of October 31, 2017, it had a total work force of 7,744 individuals comprising of 2,363 employees, and 5,381 individuals engaged on contractual basis.
Sandhar Technologies IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹327 to ₹332 per equity share |
| Market Lot | 45 Shares |
| Min Order Quantity | 45 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 541163 |
| NSE Symbol | SANDHAR |
| ISIN | INE278H01035 |
| Issue Size | Aggregating up to ₹565.60 Cr |
| Fresh Issue | Aggregating up to ₹300.00 Cr |
| Offer for Sale | Aggregating up to ₹[.] Cr |
Sandhar Technologies IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Opening Date | 19-Mar-18 |
| IPO Closing Date | 21-Mar-18 |
| Basis of Allotment Date | |
| Listing Date | Monday, April 2, 2018 |
Sandhar Technologies IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 45 | ₹14,940 |
| Maximum | 13 | 585 | ₹194,220 |
IPO Allotment Status
Please Click Hare To Check IPO Allotment Status For Sandhar Technologies Limited
Company Promoters:
The Promoter of the Company is Mr. Jayant Davar. The Promoter directly holds 31,306,426 Equity Shares (inclusive of the 90,909 Equity Shares held by him in his capacity as sole proprietor of Sandhar Enterprises), representing 61.20% of the pre-Offer issued, subscribed, and paid-up capital of the Company.
Company Financials:
| PARTICULAR | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 |
| Total Assets | 8,449.03 | 7,640.62 | 7,504.36 | 6,213.64 | 5,424.39 |
| Total Revenue | 13,743.14 | 12,933.59 | 12,624.16 | 10,438.24 | 9,643.81 |
| Profit Before Tax | 453.3 | 433.67 | 478.69 | 407.61 | 263.04 |
| Profit After Tax | 366.42 | 322.67 | 348.37 | 337.64 | 208.01 |
Registrar & Company Details
| Company Contact Information | Sandhar Technologies IPO Registrar |
| Sandhar Technologies Limited B-6/20, L.S.C. Safdarjung Enclave New Delhi � 110 Phone: +91 124 451 8900 Email: info@sandhar.in Website: http://www.sandhargroup.com/ | Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: stl.ipo@linkintime.co.in Website: http://www.linkintime.co.in |
