IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Sirca Paints India Ltd

Registered Office : Plot No 50 Phase-2,Badli Industrial Area,Delhi Delhi 110042 Phone :
Fax :

Email : admin@sircapaints.com

Website : www.sircapaints.com

Public issue of fresh issue of 48,69,600* equity shares of face value of Rs.10/- each fully paid up for cash at a price of Rs. 160 /- per equity Share (the "issue price") (including a share premium of Rs. 150 per equity shares) aggregating to Rs. 77.91 Crores ("the issue"), of which 2,44,000 equity shares of face value of Rs.10/- each for cash at a price of Rs. 160 per equity share aggregating Rs. 3.90 Crores will be reserved for subscription by market makers to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 46,25,600 equity shares of face value of Rs.10/- each for cash at a price of Rs. 160/- per equity share, aggregating Rs. 74.01 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.65% and 25.32%, respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs.10 each. The issue price is Rs.160 and is 16 times the face value of equity shares.

Issue

Opens On

Closes On

16-May-2018

22-May-2018

Money Payable On

Application

Allotment

160.00

0.00

Minimum Application for shares in Nos : 800.0 Further Multiples of : 800.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

77.91

18.27

160.00

Navigant Corporate Advisors Ltd

Projects

To Finance the expenditure of Site Development & Purchase of Plant & Machinery

To part finance incremental Working Capital Requirements of the company

General Corporate Purposes

To Finance the expenditure of Site Development & Purchase of Plant & Machinery

To part finance incremental Working Capital requirements of the company

General corporate purpose

Promoted By

Sanjay Agarwal

Apoorv Agarwal

Gurjit Singh Bains

Sanjay Agarwal

Apoorv Agarwal

Gurjit Singh Bains

Listing At

NSE - SME

NSE - SME

Registrar to the Issue

KFin Techologies Ltd

KFin Techologies Ltd