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Sikko Industries Ltd IPO (Sikko Industries IPO) Detail

Apr 5, 2017 - Apr 7, 2017

Incorporated in 1997, Sikko Industries Ltd (SIL) is engaged in manufacturing of Pesticides including organic Pesticides, Fertilizers including organic fertilizer, Spray Pump and
Organic Seeds. Company export their products to South Africa, Lomo Togo, Srilanka and Iran.

Sikko was initially engaged in the manufacturing of "Growth Promoters" and were used as supplements in agriculture by farmers. In the blanket of Growth Promoters various products are sold namely Vakil, Diamond, Vasool, Biomono which are in combination of granules and liquid form. In addition, firm was engaged in assembling of different parts of Spray Pump having Inside and cylinder without bearing. The spray pumps are used by farmers in agriculture to sprey pesticides. In the year 2008 the Company started pesticide unit. During the year 2011 to 2016 added more new products in its basket and also ventured into fertilizer production and started seed division. In addition to manufacturing of pesticides and fertilizer, now SIL is in process of starting up of new project of Bio CNG and BIO Fertilizer for which it has applied to UP State Bio Energy Development Board, Lucknow.

Company Promoters:

The promoters of the company are:

1. Mr. Ghanshyambhai Kumbhani &
2. Mr. Jayantibhai Kumbhani

Objects of the Issue:

The objects of the Issue are:

1. Working Capital Requirement;
2. General Corporate Purpose;
3. Meeting Public Issue Expenses.

Issue Detail:

  »»  Issue Open: Apr 5, 2017 - Apr 7, 2017
  »»  Issue Type: Fixed Price Issue IPO
  »»  Issue Size: 1,600,000 Equity Shares of Rs 10 aggregating up to Rs 5.12 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 32 Per Equity Share
  »»  Market Lot: 4000 Shares
  »»  Minimum Order Quantity: 4000 Shares
  »»  Listing At: NSE SME

Sikko Industries IPO Reviews:

  1. Sikko Industries Ltd IPO review by Dilip Davda

Issue Subscription Detail / Current Bidding Status

Number of Bids Received
As on Date & TimeQIBNIIRIITotal
Shares Offered / Reserved
Day 1 - Apr 5, 2017 17:00 IST024720003680002840000
Day 2 - Apr 6, 2017 17:00 IST0319200017800004972000
Day 3 - Apr 7, 2017 17:00 IST1200059720001386000019844000

Sikko Industries IPO Prospectus

Sikko Industries IPO Rating

37
3.4
Rating:Rated 3.4 stars

Vote Here ...

Sikko Industries IPO Listing Date

  •   ›  Listing Date: Tuesday, April 18, 2017
  •   ›  BSE Script Code:
  •   ›  NSE Symbol: SIKKO
  •   ›  Listing In:
  •   ›  ISIN: INE112X01017
  •   ›  Issue Price: Rs 32 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
NSE SME
Issue Price:Rs 32.00
Open:Rs 34.40
Low:Rs 34.10
High:Rs 35.50
Last Trade:Rs 35.20
Volume:924,000

Sikko Industries IPO News Alerts

  1. Tuesday, April 18, 2017 12:00:00 AM
    Sikko Industries Ltd IPO - Listing
  2. Friday, April 7, 2017 12:00:00 AM
    Sikko Industries Ltd IPO - Close
  3. Wednesday, April 5, 2017 12:00:00 AM
    Sikko Industries Ltd IPO - Open

Company Contact Information

Sikko Industries Ltd
508, Iscon Elegance, Nr. Jain Temple,
Nr. Prahladnagar Pick up Stand,
Vejalpur, Ahmedabad – 380051
Phone: +91-79-6616 8950
Fax: +91-79-6616 8950
Email: compliance@sikkoindia.com
Website: http://www.sikkoindia.com

Sikko Industries IPO Registrar

Purva Sharegistry India Pvt Ltd   »  Report
   9, Shiv Shakti Industrial Estate,
   JR Borica Marg,
   Lower Parel (East), Mumbai – 400 011

Phone: +91-022-23018261/ 23016761
Fax: +91-022-23012517
Email: busicomp@vsnl.com
Website: http://www.purvashare.com

Sikko Industries IPO Lead Manager(s)

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Sikko Industries IPO Review / Comments

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21. krishnadhobi  May 5, 2017 5:53:21 PM IST I Like It. | Report Abuse
still not received MSG
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20. Jay Mangal  Apr 16, 2017 12:04:36 PM IST I Like It. | Report Abuse
Gala Ji do you think every1 expecting a roller coaster ride in nifty on Monday would affect listing of Dev n Sikko on Monday ?
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20.4. gala  Apr 18, 2017 9:56:13 AM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
34 has strong support I dnt think it shud break ...Seeing the market depth I hope the source of that support is true rest surely book one lot wait for another - my advise
Disclaimer -- I don''t hold any position in this counter .... Evn not much interested in this issue .... Take ur decision based on ur conviction and not greed
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20.5. Jay Mangal  Apr 18, 2017 1:59:23 PM IST I Like It. | Report Abuse
Gala Ji booked one lot and it seems that it might be facing some resistance at ₹35. If it breaks than some hopes could be seen; rest your advice is our stop loss 👏🏽
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19. ankur garg  Apr 17, 2017 7:42:50 PM IST I Like It. 2 | Report Abuse
ANOTHER 20% CANDIDATE 38.4 ONLY BUYER
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18. JayT  Apr 16, 2017 9:59:12 AM IST I Like It. | Report Abuse
Any way to buy in grey market? what is the premium?
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17. BABUKALIA  Apr 15, 2017 12:28:52 PM IST I Like It. | Report Abuse
Sikko industries ka premium kitna he
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16. Jay Mangal  Apr 14, 2017 12:55:48 AM IST I Like It. | Report Abuse
Gala ji lets go by principles and won''t be greedy as I have been alloted 2 lots.
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16.3. Jay Mangal  Apr 14, 2017 1:11:09 PM IST I Like It. | Report Abuse
Rohan I did applied in retail on first day itself but I don''t think there seems to be more chances of allotment.
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16.4. Jay Mangal  Apr 14, 2017 1:14:07 PM IST I Like It. | Report Abuse
Thank you Gala ji
Btw I got alloted first time after applying for over 8 SMEs.
Hope so would be benefitted out of this
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15. Purity  Apr 13, 2017 10:16:22 PM IST I Like It. | Report Abuse
Sikko ipo Allotement Declared on below web link ....

http://www.purvashare.com/queries/index.php



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14. Heros  Apr 13, 2017 5:47:33 PM IST I Like It. | Report Abuse
When allotment
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14.1. Jay Mangal  Apr 13, 2017 5:58:25 PM IST I Like It. | Report Abuse
Got allotment messages before half a hour
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14.2. Hitesh Nankani  Apr 13, 2017 8:39:24 PM IST I Like It. | Report Abuse
Allotment is out

Amount in sbi is debited
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13. DR. Bayer shah  Apr 13, 2017 12:16:58 PM IST I Like It. 1 | Report Abuse
Allotment will be shown on website after 4 pm today.
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13.1. I M Patel  Apr 13, 2017 3:19:38 PM IST I Like It. | Report Abuse
Which website we can cheak allotment??
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12. bgandhi  Apr 13, 2017 10:42:23 AM IST I Like It. | Report Abuse
ANY IDEA FOR SICCOO ALLOTMENT ....................
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11. I M Patel  Apr 11, 2017 4:05:58 PM IST I Like It. | Report Abuse
Gala sir wht u expected listing rate??
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11.2. Jay Mangal  Apr 13, 2017 5:36:52 PM IST I Like It. | Report Abuse
Gala ji
In blue chip investments they stated listing could be above ₹40; also in Smart investment there were Applications rates too.
Do you see that much up move at a stretch?
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11.3. gala  Apr 13, 2017 7:44:31 PM IST I Like It. 2 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Jaymangal how can it good to 40 .... 38.40 will be upper circuit .... Rest I have heard 12000 rates which means sufficient 10% ..... Still if u wish you can keep it and see the market depth buyers and sellers and take decision..... 5% - 10% assured
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10. Pranav shah  Apr 10, 2017 9:56:53 AM IST I Like It. | Report Abuse
Any tentitive dates for allotment..!?
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10.1. I M Patel  Apr 10, 2017 8:00:44 PM IST I Like It. | Report Abuse
15 date allotment....
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9. Rachumallu Ramesh Babu  Apr 9, 2017 7:19:37 AM IST I Like It. | Report Abuse
Whate is meening SME IPO
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8. gala  Apr 7, 2017 9:02:16 AM IST I Like It. 5 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Well darkhorse seeing the subscription I feel speculation will take it UpTo 50% in starting days nnly I think that is way enough to make 50% in 20 days
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8.14. DarkHorse  Apr 17, 2017 10:34:55 PM IST I Like It. | Report Abuse
Gala sir,ur view on infibeans?
Eagleeye maam GMP 11-12 batayi hai,your views?..apply or not?
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8.15. gala  Apr 17, 2017 10:58:47 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Bindass apply ..... Though I feel 11 - 12 gmp bahot jyada ho gaya .... Acc to me max issue will be subscribed 8-10 times aur retailers bahot honge alot of flippers still u can expect gmp of 7- 9 ..... Enough apply final decision
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7. nayan lakhani  Apr 6, 2017 10:43:43 PM IST I Like It. | Report Abuse
Dear IPOANALYSiS
Pls . Share your view for subscribing Sikko industries .
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6. Jay Mangal  Apr 6, 2017 4:04:27 PM IST I Like It. | Report Abuse
Dear
IPOANALYSIS SIRJI
There has been strong moment seen regarding Sikko Industries. Please provide your views
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5. gala  Apr 6, 2017 7:54:46 AM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Bull market and sme fancy effect .... Fundamentals pretty weak still it gets oversubscribed
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5.6. gala  Apr 6, 2017 2:43:56 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Dev focus were best ! Others are weak .... U can put money for sikko seeing subscription u won''t lose money bt don''t hold weak fundamentals ..... Personally m nnly invested in dev and focus ..... Depends on ur conviction and principles
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5.7. DarkHorse  Apr 6, 2017 6:31:19 PM IST I Like It. | Report Abuse
Thanks gala sir..if alloted, can hold for 1 year? what will be return?
Your take please.!!!
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4. MUKESHSHAH  Apr 5, 2017 6:10:31 PM IST I Like It. | Report Abuse
sikko ipo fully subcribed 1.77 times in few hours in first day. so dont think nagtive. ...
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3. MUKESHSHAH  Apr 5, 2017 6:07:34 PM IST I Like It. | Report Abuse
today its subcribed 1.77 time in few hours in first days.......
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2. Krishna Kapadia  Apr 5, 2017 10:29:46 AM IST I Like It. 1 | Report Abuse
any view on sikko any gmp or kostak?
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