Sikko Industries Ltd - Prospectus Synopsis

Sikko Industries Ltd RHP

Registered Office : 508 Iscon Elegance NrJain Temp , NrPrahladnagar pickup Vejalpur , Ahmedabad - 380051 , Gujarat , India.

Phone : 91-79-66168950  Fax :

Email : compliance@sikkoindia.com    Website : www.sikkoindia.com

Public issue of 16,00,000 equity shares of face value of Rs. 10 each of Sikko Industries Limited (SIL or The company or The Issuer) for cash at a price of Rs. 32 per equity share including a share premium of Rs. 22 per equity share (The Issue Price) aggregating to Rs. 5.12 crores (The Issue), of which 80,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 32 per equity share including a share premium of Rs. 22 per equity share aggregating to Rs. 0.26 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 15,20,000 equity shares of face value of Rs. 10 each at a price of Rs. 32 per equity share including a share premium of Rs. 22 per equity share aggregating to Rs. 4.86 crores is herein after referred to as the net issue. The issue and the net issue will constitute 28.57% and 27.14%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 3.2 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
05-Apr-2017 07-Apr-2017 Rs 32 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 5.12 Swastika Investmart Ltd
Project Financed through Current Offer 5.12  
Post Issue Equity Share Capital 5.6  
Issue Price Rs. 32  
Projects
Working Capital Requirement
Promoted By Listing At Registrar to the Issue
Ghanshyambhai Kumbhani
Jayantibhai Kumbhani
NSE - SME Purva Sharegistry (I) Pvt Ltd
 

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