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Published by : Wall Street JournalSorich Foils Limited is entering in the capital market with an IPO of 2,500,000 Equity Shares of Rs 10 aggregating up to Rs 4.00 Crore. The price for the issue has been set at Rs 16 Per Equity Share.
Incorporated in 2011, Gujarat based Sorich Foils Private Limited is a company engaged in manufacturing and supplying a varied range of Aluminium Foils for Blister, Strip Foils, Cold Forming Foil, Coated Glassine Paper for Blister, Laminated Glassine Paper for Strip Pack, Child Resistant (CR) Foils, Aluminium Lid Foils, Triple Laminates, Flexible Packaging for Pharma & Food Industries, also FMCG packaging materials. These products are widely applicable in different industries such as Pharmaceutical Industries, FMCG packaging, Food and dairy industries, Confectionery / Chocolate industries & Personal Care Packaging.
The issue opens on May 24, 2018 and closes for subscription on May 28, 2018. The equity shares of the company to be list at NSE SME.
The issue of Sorich Foils Limited opens on May 24, 2018 and closes for subscription on May 28, 2018. The equity shares of the company to be list at NSE SME. The price for the issue has been set at Rs 16 Per Equity Share.
The Sorich Foils IPO is proposed to open on May 24, 2018. The IPO application ends on May 25, 2018.
Retail investors can apply in the retail or non-institutional investor category from May 24, 2018 to May 25, 2018. The Sorich Foils IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Sorich Foils IPO will open for subscription on May 24, 2018. The public issue will close on May 25, 2018.
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