Siddhika Coatings Limited IPO
NSE SMEListed On: Apr 7, 2021 at ₹ 55.0
₹ 228000 /4000 Shares
*Min Investment
24 Mar, 2021
Open Date26 Mar, 2021
Close Date05 Apr, 2021
Allotment Date07 Apr, 2021
Listing DateIPO Issue Details
- Issue Price ₹57 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 824,000 Eq Shares of ₹10 (aggregating up to ₹4.70 Cr)
- Listing at NSE SME
- List Price 55.0
- Listing Date 2021-04-07
- Lead Manager Unistone Capital Pvt Ltd
- Registrar Skyline Financial Services Private Ltd
IPO Details
- Retail Portion N/A
IPO Documents
IPO Details
Siddhika Coatings Limited IPO is an SME IPO, priced at ₹57 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Mar 24, 2021 to Mar 26, 2021. The allotment is expected to be finalized on Apr 5, 2021, and the tentative listing date is Apr 7, 2021.
The registrar of the IPO is Skyline Financial Services Private Ltd, and
IPO Subscription Analysis And 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
Company Financials
| 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 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)
Siddhika Business Applications Private Limited
Pre Issue Share Holding : 83.64%
Post Issue Share Holding : 61.34%
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Siddhika Coatings Limited IPO is 824,000 Eq Shares of ₹10 (aggregating up to ₹4.70 Cr).
Ans. The Siddhika Coatings Limited IPO price band is set between ₹57 per equity share.
Ans. To apply for Siddhika Coatings Limited 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 Siddhika Coatings Limited IPO allotment status online.
