Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Thu, Mar 31, 2016 - Tue, Apr 5, 2016
Sysco Industries IPO is a fixed price issue of ₹2.17 crores. The issue is entirely a fresh issue of 0.22 crore shares of ₹2.17 crore.
Sysco Industries IPO bidding started from Mar 31, 2016 and ended on Apr 5, 2016. The shares got listed on BSE SME on Apr 13, 2016.
Sysco Industries IPO price is ₹10 per share. The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,00,000 (10000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (30,000 shares), amounting to ₹3,00,000.
Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Rikhav Securities Ltd..
Refer to Sysco Industries IPO RHP for detailed Information.
IPO Open
Thu, Mar 31, 2016
IPO Close
Tue, Apr 5, 2016
Issue Price
₹10 per share
Market Cap (Pre-IPO)
₹7.95 Cr
| IPO Date | 31 Mar to 5 Apr, 2016 |
| Listed on | Wed, Apr 13, 2016 |
| Face Value | ₹10 per share |
| Issue Price | ₹10 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 21,70,000 shares (agg. up to ₹2 Cr) |
| Reserved for Market Maker | 1,10,000 shares Rikhav Securities Ltd. (agg. up to ₹0.1100 Cr) |
| Fresh Issue (Ex Market Maker) | 20,60,000 shares (agg. up to ₹2 Cr) |
| Net Offered to Public | 20,60,000 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 57,83,700 shares |
| Share Holding Post Issue | 79,53,700 shares |
| BSE Script Code | 539842 |
| ISIN | INE410U01011 |
Sysco Industries IPO comprises a total issue size of 21,70,000 shares. The net offer to the public is 20,60,000 shares, after excluding 1,10,000 shares allotted on a firm basis. Of the Net offer 10,30,000 (50.00%) allocated to NII 10,30,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 10,30,000 | 50.00% | 47.47% |
| Retail Shares Offered | 10,30,000 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,10,000 | 5.07% | |
| Total Shares Offered | 21,70,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 10,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,00,000 |
| Retail (Max) | 2 | 20,000 | ₹2,00,000 |
| HNI (Min) | 3 | 30,000 | ₹3,00,000 |
Sysco Industries Ltd (SIL) that started manufacturing of films and yarns at the primary stage is now in printed laminates for flexible packaging segment. Thus it having two segments, textile industry and packaging industry. SIL products are marketed under the branch 'Sysco'. It caters to the needs of Textile, FMCG, Pharmaceuticals and Food Sector.
| 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 | Working Capital Requirement | 1.76 |
| 2 | Issue Expenses | 0.42 |
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 | Payment to Merchant Banker including payment to other intermediaries such as Registrars etc | 0.31 |
| 2 | Regulatory fees and expenses | 0.03 |
| 3 | Other Expenses (Printing & Stationery, Advertisement, Auditors Fees etc) | 0.09 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹12.00 |
| Low | ₹12.00 |
| High | ₹12.00 |
| Last Trade | ₹12.00 |
Lead Manager Reports
Sysco Industries IPO is a SME IPO of 21,70,000 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.
The IPO opens on Thu, Mar 31, 2016, and closes on Tue, Apr 5, 2016.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Sysco Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Sysco Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sysco Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sysco Industries IPO opens on Thu, Mar 31, 2016 and closes on Tue, Apr 5, 2016.
Sysco Industries IPO lot size is 10000, and the minimum amount required for application is ₹1,00,000.
You can apply in Sysco 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 Sysco Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sysco Industries IPO allotment status.
The Sysco Industries IPO listing date is on Wed, Apr 13, 2016.
