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Sanghvi Forging and Engineering



sanghvi forging and engineering ipo (SEBI) Final Offer Documents filed with ROC
Date Rating Target Price Recommendation Price Broker house
19 May 2011 -- -- 85 SEBI Report

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sanghvi forging (ETInvestorsGuide) A Pricey Affair
Sanghvi Forging''s issue looks expansive compared with its peers. Investors with high risk appetite can subscribe to the issue
Date Rating Target Price Recommendation Price Broker house
9 May 2011 high-risk appetite investing -- 80-85 ETInvestorsGuide Report

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Sanghvi Forging and Engineering IPO (NSE)

Sanghvi Forging and Engineering IPO NSE link
Sanghvi Forging and Engineering IPO graphical NSE link
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sanghvi forging and engineering ipo (HDFCSec) IPO Snapshot
Date Rating Target Price Recommendation Price Broker house
4 May 2011 -- -- 80-85 HDFC Securities Report

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sanghvi forging and engineering ipo (SEBI) RHP
Date Rating Target Price Recommendation Price Broker house
2 May 2011 -- -- 80-85 SEBI Report

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Sanghvi Forging and Engineering IPO

Opening Date 04 May 2011
Closing Date 09 May 2011
Price Band 80 to 85
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sanghvi forging and engineering ipo (CARE) IPO grading
SFEL, incorporated in 1989 by Mr Babulal S Sanghvi, has an operational track record of around 20 years. SFEL is engaged in manufacturing of forged flanges & rings in industrial forging and precision machined components with an installed capacity of 3,600 Metric Tonnes Per Annum (MTPA) in the area of open and closed die forging. SFEL caters to the demand for forging in the non-automobile segment (Refineries, Fertiliser, Power, Engineering etc). During FY10, SFEL has reported PAT of Rs.2.61 crore on total income of Rs.29.22 crore against PAT of Rs.2.50 crore on total income of Rs.29.55 crore in FY09. In 9MFY11, SFEL has earned PAT of Rs.3.09 crore on total income of Rs.26.89 crore.
Date Rating Target Price Recommendation Price Broker house
27 Apr 2011 -- -- -- CARE Report

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Sanghvi Forging and Engineering Ltd IPO (DRHP)
Sanghvi Forging and Engineering Ltd IPO DRHP @ SEBI Dated 30 Sep 2010
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