Siddhika Coatings Limited IPO
NSE SMEListed On: Apr 7, 2021 at ₹ 55.0
₹ 114000 /2000 Shares
Check AllotmentIPO Details
24 Mar, 2021
Open Date26 Mar, 2021
Close Date05 Apr, 2021
Allotment Date07 Apr, 2021
Listing DateIssue Price
₹57 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LtdList Price
55.0Listing Date
2021-04-07Market Lot
2000 Shares (₹114,000/-)Lead Manager
Unistone Capital Pvt LtdIssue Size
824,000 Eq Shares of ₹10 (aggregating up to ₹4.70 Cr)Retail Portion
N/ASubscription
2.60 timesIPO Docs
DRHPIPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 391,000 | 391,000 | 782,000 |
| Day 1 - 24-03-21 05:00 PM | 1.13 x | 0.70 x | 0.91 x |
| Day 2 - 25-03-21 05:00 PM | 1.65 x | 1.40 x | 1.53 x |
| Day 3 - 26-03-21 05:00 PM | 2.33 x | 2.87 x | 2.60 x |
Valuations
Earnings Per Share (EPS)
₹9.57/-P/E Ratio
5.95RoNW
17.42%Net Asset Value (NAV) - Post Issue
₹69.53/-Company Financials All values are in ₹ Cr.
| 30-Sep-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|---|
| Assets | 21.42 | 23.02 | 20.54 | 15.35 |
| Revenue | 6.14 | 30.41 | 32.23 | 22.14 |
| Profit After Tax | 0.19 | 2.95 | 3.51 | 2.56 |
About The Company
Siddhika Coatings Ltd is a key supplier of SK Kaken Ltd (SKK) products and its specialist paint in India. SKK is a Japan-based coatings and pigments manufacturer, and being a strategic channel partner of SKK, Siddhika Coatings Ltd is engaged in the business of supplying Architectural Coatings Supplies & Applications in India. The firm also offers application services like coating interior as well as exterior surfaces of civil structures using organic and inorganic architectural pigments and technical-grade functional coatings.
It supplies products to real estate developers, government and private entities i.e. IT companies, hospitality leaders, business park developers, and various eminent architects in India. It has successfully completed 160+ projects across 11 states in India over the last 3 calendar years. It is serving its customers through its branches in 11 states of India i.e. Delhi, Haryana, Uttar Pradesh, Rajasthan, Himachal Pradesh, Karnataka, Tamil Nadu, Telangana, West Bengal, Gujarat, and Maharashtra.
- Promoter(s)
Pre Issue Share Holding: 83.64%
Post Issue Share Holding: 61.34%
Company Promoter(s)
- Siddhika Business Applications Private Limited
IPO - Issue Objectives
- Meet working capital requirements.
- General corporate Purposes.
- To meet issue expenses.
IPO - FAQs
Ans. Siddhika Coatings Limited IPO is a SME IPO. The issue is priced at ₹57 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Mar 24, 2021, and closes on Mar 26, 2021. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Siddhika Coatings Limited IPO opens on Mar 24, 2021 and closes on Mar 26, 2021.
Ans. The size of Siddhika Coatings Limited IPO is 824,000 Eq Shares of ₹10 (aggregating up to ₹4.70 Cr).
Ans. The IPO price band is set between ₹57 per equity share.
Ans. To apply for Siddhika Coatings Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Siddhika Coatings Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Siddhika Coatings Limited IPO is Apr 5, 2021.
Ans. The Siddhika Coatings Limited IPO will be listed on Apr 7, 2021.
Ans. Follow the steps to check the allotment status for Siddhika Coatings Limited IPO here.
