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graph-market IPO

Sirca Paints India Ltd

Registered Office: 504 NDM-II Netaji SubhashPlace,Wazirpur Pitampura, New Delhi - 110034, Delhi, India.
Phone :    Fax:
Email :    
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 Money Payable On
Opens On Closes On Application Allotment
16-May-18 22-May-18 160.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 800   Further Multiples of : 800
  Rs Cr Lead Managers to the Issue
Project Cost 77.91 Navigant Corporate Advisors Ltd
Project Financed through Current Offer 77.91  
Post Issue Equity Share Capital 18.27  
Issue Price 160.00  

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

Karvy Fintech Pvt Ltd

Karvy Fintech Pvt Ltd

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