Fixed Price IPO | ₹4 Cr | Listed at NSE SME | Mon, Feb 24, 2014 - Wed, Feb 26, 2014
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Mon, Feb 24, 2014
IPO Close
Wed, Feb 26, 2014
Issue Price
₹18 per share
Market Cap (Pre-IPO)
₹15.43 Cr
| IPO Date | 24 to 26 Feb, 2014 |
| Listed on | Wed, Mar 12, 2014 |
| Face Value | ₹10 per share |
| Issue Price | ₹18 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 24,00,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 1,20,000 shares Keynote Capitals Ltd. (agg. up to ₹0.2160 Cr) |
| Fresh Issue (Ex Market Maker) | 22,80,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 22,80,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 61,70,000 shares |
| Share Holding Post Issue | 85,70,000 shares |
| NSE Symbol | SANCO |
| ISIN | INE782L01012 |
Sanco Industries IPO comprises a total issue size of 24,00,000 shares. The net offer to the public is 22,80,000 shares, after excluding 1,20,000 shares allotted on a firm basis. Of the Net offer 11,40,000 (50.00%) allocated to NII 11,40,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 11,40,000 | 50.00% | 47.50% |
| Retail Shares Offered | 11,40,000 | 50.00% | 47.50% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,20,000 | 5.00% | |
| Total Shares Offered | 24,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 8,000 shares and in multiples thereof.
| 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 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Civil Works For Installations of Machineries | 0.17 |
| 2 | Plant and Machinery, including spare parts & auxiliary equipments-Contingencies | 3.45 |
| 3 | Issue Expenses | 0.58 |
| Total | 4.20 |
| KPI | |
|---|---|
| RoNW | 18.23% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 72% |
| Market Cap | ₹15.43 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees to intermediaries | 0.43 |
| 2 | Advertising and marketing expenses | 0.04 |
| 3 | Printing and Stationary & Distribution | 0.03 |
| 4 | Statutory and other miscellaneous expenses | 0.08 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹18.00 |
| Open | ₹19.00 |
| Low | ₹17.25 |
| High | ₹19.00 |
| Last Trade | ₹17.25 |
Beetal Financial & Computer Services Pvt.Ltd.
Lead Manager Reports
Sanco Industries IPO is a SME IPO of 24,00,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹18 per share. The minimum order quantity is 8000.
The IPO opens on Mon, Feb 24, 2014, and closes on Wed, Feb 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 Mon, Feb 24, 2014 and closes on Wed, Feb 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 Wed, Mar 12, 2014.
