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Sanco Industries Ltd IPO (Sanco Industries IPO) Detail

February 24, 2014 - February 26, 2014

Sanco Industries IPO is a fixed price issue of Rs 4.32 crores.

Sanco Industries IPO bidding started from February 24, 2014 and ended on February 26, 2014. The shares got listed on NSE SME on March 12, 2014.

Sanco Industries IPO price is ₹18 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹144,000.

Keynote Financial Services Ltd is the book running lead manager of the Sanco Industries IPO, while Beetal Financial & Computer Services (P) Limited is the registrar for the issue.

Refer to Sanco Industries IPO DRHP for detailed information.

Sanco Industries IPO Details

IPO Date February 24, 2014 to February 26, 2014
Listing Date March 12, 2014
Face Value ₹10 per share
Price ₹18 per share
Lot Size 8000 Shares
Total Issue Size2,400,000 shares
(aggregating up to ₹4.32 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

Sanco Industries IPO Lot Size

Investors can bid for a minimum of 8000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 8000 ₹144,000
Retail (Max) 1 8000 ₹144,000
Lot Size Calculator

About Sanco Industries Ltd

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.

Objects of the Issue (Sanco Industries IPO Objectives)

The Objects of the Issue are to raise resources to finance:

1. Capital Expenditure on Existing Manufacturing Capacity of PVC Pipes & Wire & Cable;
2. Meet the margin for working capital requirement;
3. Meet the issue expenses;
4. General corporate purpose; and
5. List the equity shares of the company on the stock exchange.

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Sanco Industries IPO Prospectus

Sanco Industries IPO Rating

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Sanco Industries IPO Listing Details

Listing Date March 12, 2014
BSE Script Code
NSE Symbol SANCO
ISIN INE782L01012
Final Issue Price ₹18 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹18.00
₹226.00
₹185.05
₹226.00
₹190.00

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Sanco Industries Ltd Contact Details

Sanco Industries Ltd
9/51 Bazar Gali,
Vishwas Nagar,
Delhi-110032, India
Phone: +91 11 2238 2737
Email: ipo@sancopipes.com
Website: http://www.sancopipes.com

Sanco Industries IPO Registrar

Beetal Financial & Computer Services (P) Limited

Phone: +91 11 29961281
Email: beetal@beetalfinancial.com
Website: http://www.beetalmail.com/smeipo

Sanco Industries IPO - Buy or Not

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Sanco Industries IPO FAQs

Sanco Industries IPO is a SME IPO of 2,400,000 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 Shares.

The IPO opens on February 24, 2014, and closes on February 26, 2014.

Beetal Financial & Computer Services (P) Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Sanco Industries IPO opens on February 24, 2014 and closes on February 26, 2014.

Sanco Industries IPO lot size is 8000 Shares, and the minimum amount required is ₹144,000.

You can apply in Sanco Industries IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, 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 March 12, 2014.
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1 Comments

1. ankit shah |   Link |  Bookmark |February 17, 2014 10:10:23 PM
what about this IPO ?
what is grey mkt premium