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IPO

IPO Synopsis
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 Rs57.00-0.00 Rs0.00-0.00
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 Rs57.00  
 
Projects
Working Capital RequirmentsGeneral Corporate Purposes
Promoted By
Siddhika Business Application
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt