Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Sanco Industries IPO is a fixed price issue of ₹4.32 crores. The issue is entirely a fresh issue of 0.24 crore shares of ₹4.32 crore.
Sanco Industries IPO bidding started from Feb 24, 2014 and ended on Feb 26, 2014. The shares got listed on NSE SME on Mar 12, 2014.
Sanco Industries IPO price is ₹18.00 per share . The lot size for an application is 8,000. The minimum amount of investment required by an individual investor (retail) is ₹1,44,000 (8000 shares). The minimum lot size investment for HNI is 2 lots (16,000 shares), amounting to ₹2,88,000.
Keynote Financial Services Ltd. is the book running lead manager and Beetal Financial & Computer Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Keynote Capitals Ltd..
Refer to Sanco Industries IPO RHP for detailed Information.
| IPO Date | February 24, 2014 to February 26, 2014 |
| Listing Date | March 12, 2014 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹18 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 24,00,000 shares (aggregating up to ₹4.32 Cr) |
| Reserved for Market Maker | 1,20,000 shares Keynote Capitals Ltd. (aggregating up to ₹0.2160 Cr) |
| Net Offered to Public | 22,80,000 shares (aggregating up to ₹4.10 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 61,70,000 shares |
| Share Holding Post Issue | 85,70,000 shares |
Sanco Industries IPO offers total 24,00,000 shares. Out of which 11,40,000 (47.50%) allocated to NII, 11,40,000 (47.50%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,20,000 (5.00%) |
| NII (HNI) Shares Offered | 11,40,000 (47.50%) |
| Retail Shares Offered | 11,40,000 (47.50%) |
| Total Shares Offered | 24,00,000 (100.00%) |
Sanco Industries IPO opens on February 24, 2014, and closes on February 26, 2014.
| IPO Open Date | Mon, Feb 24, 2014 |
| IPO Close Date | Wed, Feb 26, 2014 |
| Tentative Listing Date | Wed, Mar 12, 2014 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Feb 26, 2014 |
Investors can bid for a minimum of 8,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8,000 | ₹1,44,000 |
| Retail (Max) | 1 | 8,000 | ₹1,44,000 |
| HNI (Min) | 2 | 16,000 | ₹2,88,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1989, Sanco Industries Ltd is an ISO 9001:2008 certified company engaged in manufactures wide range of products such as Rigid PVC conduit pipes, PVC casing & capping, PVC/PP-R Plumbing Pipes, PVC Insulated Domestic Wires & Cables and Copper Wire Rod. Company's products are supplied to entities in the railways, telecom, agriculture, construction, and irrigation sector.
Sanco Industries sells its varied range of products under various brand names such as "SATYAM" "VIKRANT", "MARSHALL", "SUPERPLAST" and "SANCO". Company's manufacturing facility of is located in Paonta Sahib, Himachal Pradesh.
| KPI | Values |
|---|---|
| RoNW | 18.23% |
The Company Sanco Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Capital Expenditure on Existing Manufacturing Capacity of PVC Pipes & Wire & Cable at Paonta Sahib, Himachal Pradesh | |
| 2 | Civil Works For Installations of Machineries | 0.17 |
| 3 | Plant and Machinery, including spare parts & auxiliary equipments - Contingencies | 3.45 |
| 4 | Issue Expenses | 0.58 |
| 5 | Contingencies | 0.15 |
[Dilip Davda] <p class="NoSpacing" style="text-align: justify; margin: 0in 0in 0pt;"><strong style="mso-bidi-font-weight: normal;"><em style="mso-bidi-font-style: normal;"><span style="text-decoration: underline;"><span style="font-size: medium;"><span style="font-family: Calibri;">Avoid this offer with entry barrier.</span></span></span></em></strong></p> Read detail review...
| Listing Date | March 12, 2014 |
| BSE Script Code | |
| NSE Symbol | SANCO |
| ISIN | INE782L01012 |
| Final Issue Price | ₹18 per share |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹18.00 |
| Open | ₹19.00 |
| Low | ₹17.25 |
| High | ₹19.00 |
| Last Trade | ₹17.25 |
Sanco Industries Ltd.
9/51,
Bazar Gali,
Vishwas Nagar,
Delhi, New Delhi, 110032
Phone: +91 11 2238 2737
Email: ipo@sancopipes.com
Website: http://www.sancopipes.com
Beetal Financial & Computer Services Pvt.Ltd.
Phone: +91 11 29961281
Email: beetal@beetalfinancial.com
Website: http://www.beetalmail.com/smeipo
Sanco Industries IPO is a SME IPO of 24,00,000 equity shares of the face value of ₹10 aggregating up to ₹4.32 Crores. The issue is priced at ₹18 per share. The minimum order quantity is 8000.
The IPO opens on February 24, 2014, and closes on February 26, 2014.
Beetal Financial & Computer Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Sanco Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Sanco Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sanco Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sanco Industries IPO opens on February 24, 2014 and closes on February 26, 2014.
Sanco Industries IPO lot size is 8000, and the minimum amount required for application is ₹1,44,000.
You can apply in Sanco Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sanco Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sanco Industries IPO allotment status.
The Sanco Industries IPO listing date is on Wednesday, March 12, 2014.
Useful Articles
RHP