Incorporate in 2005, Sanginita Chemicals Limited manufactures and exports cuprous chloride, copper sulphate, and cupric chloride. They offers a wide selection of products for the surface coating industry covering decorative and industrial paints, protective coatings, printing inks and adhesives.
Their products are used in dyes and pigment industries, paint industries, pharmaceuticals industries, electroplating industries, metal extraction industries and ink, carbon paper, PVC pipe coating industries, etc. They offer tailor-made solutions to their customers to meet their specific requirements.
The promoters of the company are:
1. Sanginita Industries Pvt Ltd
2. Mr. Dineshsinh Chavada &
3. Mr. Vijaysinh Chavda
The objects of the Issue are:
1. Working Capital Requirement;
2. General Corporate Purpose;
3. Meeting Public Issue Expenses.
»» Issue Open: Mar 1, 2017 - Mar 3, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 4,566,000 Equity Shares of Rs 10 aggregating up to Rs 10.05 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 22 Per Equity Share
»» Market Lot: 6000 Shares
»» Minimum Order Quantity: 6000 Shares
»» Listing At: NSE SME
Sanginita Chemicals IPO Subscription Status tells if Sanginita Chemicals IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Sanginita Chemicals IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved|
|Day 1 - Mar 1, 2017 18:35 IST||0||426,000||72,000||498,000|
|Day 2 - Mar 2, 2017 17:05 IST||0||3,876,000||750,000||4,626,000|
|Day 3 - Mar 3, 2017 17:05 IST||12,000||4,764,000||4,740,000||9,516,000|
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