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Sikko Industries Ltd

Registered Office : 508 Iscon Elegance NrJain Temp,NrPrahladnagar pickup Vejalpur,Ahmedabad Gujarat 380051 Phone : 91-79-66168950
Fax :

Email : compliance@sikkoindia.com

Website : www.sikkoindia.com

Public issue of 16,00,000 equity shares of face value of Rs. 10 each of Sikko Industries Limited ("SIL" or The "company" or The "Issuer") for cash at a price of Rs. 32 per equity share including a share premium of Rs. 22 per equity share (The "Issue Price") aggregating to Rs. 5.12 crores ("The Issue"), of which 80,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 32 per equity share including a share premium of Rs. 22 per equity share aggregating to Rs. 0.26 crores will be reserved for subscription by market maker to the issue (The "market maker reservation portion"). The issue less the market maker reservation portion i.e. Net issue of 15,20,000 equity shares of face value of Rs. 10 each at a price of Rs. 32 per equity share including a share premium of Rs. 22 per equity share aggregating to Rs. 4.86 crores is herein after referred to as the "net issue". The issue and the net issue will constitute 28.57% and 27.14%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 3.2 times of the face value.

Issue

Opens On

Closes On

05-Apr-2017

07-Apr-2017

Money Payable On

Application

Allotment

32.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 4000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

5.12

5.60

32.00

Swastika Investmart Ltd

Projects

Working Capital Requirement

General corporate purpose

Promoted By

Ghanshyambhai Kumbhani

Jayantibhai Kumbhani

Listing At

NSE - SME

Registrar to the Issue

Purva Sharegistry (I) Pvt Ltd