IPO

Sorich Foils Limited (Withdrawn) IPO

NSE SME

Offer Date: May 24, 2018 - May 28, 2018

₹ 256000 /16000 Shares
*Min Investment

24 May, 2018

Open Date

28 May, 2018

Close Date

01 Jun, 2018

Allotment Date

05 Jun, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 16/- Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price Fresh Issue of 25,00,000 Equity Shares of Rs 10/- each at a price of 16/- per share aggregating to 4.0 Cr
  • Listing at NSE SME
  • Lead Manager Saffron Capital Advisors Private Limited
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Sorich Foils Limited (Withdrawn) IPO is an SME IPO, priced at Rs 16/- Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from May 24, 2018 to May 28, 2018. The allotment is expected to be finalized on Jun 1, 2018, and the tentative listing date is Jun 5, 2018.


The registrar of the IPO is Link Intime India Private Ltd , and

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IPO Subscription Analysis And Details
As onQIB / NIIRetailTotal
Shares Offered / Reserved11,50,00011,50,00023,00,000
Day 1 24-05-18
2,64,000 0.23 x88,000 0.08 x3,52,000 0.15 x
Day 2 25-05-18
2,64,000 0.23 x1,52,000 0.13 x4,16,000 0.18 x
Day 3 28-05-18
2,64,000 0.23 x1,52,000 0.13 x4,16,000 0.18 x
Day 3 28-05-18
N/A xN/A xN/A x
Valuations
Earnings Per Share (EPS) Rs 0.39
P/E Ratio 40.59
RoNW 11.22%
Net Asset Value (NAV) ( Post Issue ) Rs 16.36
IPO - Issue Objectives
1

Part Repayment/prepayment of Unsecured Loans availed by the Company

2

General corporate purposes