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Siddhika Coatings Ltd

Registered Office: L-9 Lower Ground Floor,Kalkaji, New Delhi - 110019, New Delhi, India.
Phone : 91-11-41601441   Fax:
Email :  secterial@siddhika.com  
Website :  www.siddhika.com

Initial Public Issue of upto 8,24,000 equity shares of face value of Rs.10 each of Siddhika Coatings Limited (The "company" or the "issuer") for cash at a price of Rs. 57 per equity share including a share premium of Rs. 47 per equity share (The "issue price") aggregating to Rs. 4.70 Crores ("The issue"), of which up to 42000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 57 per equity Share including a share premium of Rs. 47 per equity share aggregating to Rs. 0.24 Crores will be reserved for subscription by Market Maker to the issue (The "Market Maker Reservation Portion"). The issue less the Market Maker Reservation Portion i.e. Net issue of 7,82,000 equity shares of face value of 10 each at a price of Rs. 57 per equity share aggregating to Rs. 4.46 Crores is herein after referred to as the "Net issue". The issue and the net issue will constitute 26.67% and 25.31% respectively of the post issue paid up equity share capital of the company. The Face Value of Equity Shares is Rs. 10 each and The Issue Price is Rs. 57.00. The Issue Price is 5.7 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
24-Mar-21 26-Mar-21 57.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 4.70 Unistone Capital Pvt Ltd
Project Financed through Current Offer 4.70  
Post Issue Equity Share Capital 3.09  
Issue Price 57.00  

Projects

  • Working Capital Requirments
  • General Corporate Purposes

Promoted By

Siddhika Business Application

Listing At

NSE - SME

Registrar to the Issue

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