Sirca Paints India Limited IPO

NSE SME

Offer Date: May 16, 2018 - May 22, 2018

₹ 120800 /800 Shares

IPO Details

16 May, 2018

Open Date

22 May, 2018

Close Date

28 May, 2018

Allotment Date

30 May, 2018

Listing Date

Issue Price

Rs 151/- to Rs 160/- Per Equity Share

Face Value

Rs 10 Per Equity Share

Listing at Group

NSE SME

Registrar

Karvy Computershare Private Limited

Market Lot

800 Shares (Rs 1,28,000/-)

Lead Manager

Navigant Corporate Advisors Ltd

Issue Size

Fresh Issue of 48,69,600 Equity Shares of Rs 10/- each at a price of Rs 151/- to Rs 160/- per share aggregating to 77.92 Cr

Retail Portion

N/A

Subscription

3,84,71,200 8.32 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As on	QIB	NII	Retail	Total
Shares Offered / Reserved	22,98,400	6,99,200	16,28,000	46,25,600
Day 1 - 16-05-18	0 x	19,200 0.03	4,13,600 0.25 x	4,32,800 0.09 x
Day 2 - 17-05-18	0 x	5,42,400 0.78	8,24,000 0.51 x	13,66,400 0.30 x
Day 3 - 18-05-18	0 x	6,04,800 0.86	14,76,800 0.91 x	20,81,600 0.45 x
Day 4 - 21-05-18	0 x	8,18,400 1.17	43,31,200 2.66 x	51,49,600 1.11 x
Day 5 - 22-05-18	11,56,000 0.5 x	2,24,10,400 32.05	1,49,04,800 9.16 x	3,84,71,200 8.32 x

Valuations

Earnings Per Share (EPS)

Rs 7.50

P/E Ratio

21.33

RoNW

40.26%

Net Asset Value (NAV) ( As on 31.12.17 )

Rs 39.31

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)

Mr. Sanjay Agarwal
Mr. Apoorv Agarwal
Mr. Gurjit Singh Bains

IPO - Issue Objectives

To finance the expenditure of Site/Plant Development and Purchase of Plant and Machinery
To part finance incremental working capital requirements of the Company
To meet General corporate purposes
To meet the expenses of the Issue

IPO - FAQs

Ans. Sirca Paints India Limited IPO is a SME IPO. The issue is priced at Rs 151/- to Rs 160/- Per Equity Share . The minimum order quantity is 800 Shares. The IPO opens on May 16, 2018, and closes on May 22, 2018. Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Sirca Paints India Limited IPO opens on May 16, 2018 and closes on May 22, 2018.

Ans. The size of Sirca Paints India Limited IPO is Fresh Issue of 48,69,600 Equity Shares of Rs 10/- each at a price of Rs 151/- to Rs 160/- per share aggregating to 77.92 Cr.

Ans. The IPO price band is set between Rs 151/- to Rs 160/- Per Equity Share .

Ans. To apply for Sirca Paints India Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Sirca Paints India 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 Sirca Paints India Limited IPO is May 28, 2018.

Ans. The Sirca Paints India Limited IPO will be listed on May 30, 2018.

Ans. Follow the steps to check the allotment status for Sirca Paints India Limited IPO here.