Incorporated in 1993, Commercial Syn Bags Limited is engaged in manufacturing of plastic and laminated coated bags. Information in this paragraph is copied from chittorgarh.com.They are one of the leading manufacturer and exporter of FIBC / Big Bag, PP Fabric, PP Woven Bag, BOPP Bags and Tarpaulin in India.
Commercial Syn Bags produce 4-5 million Big Bags annually. Content in this paragraph is copied from chittorgarh.com.Company's product profile includes Builder Bag, FIBC- U-Panel and Circular, Baffle / Q-Bag, Tunnel Bag, Single Loop / Double Loop, UN Bags, Asbestos Bag, PP Container Bag, Bags with Liner Formfit / Bottle shaped, Tabbed, Glued, Box Bag, Polypropylene Woven bags, PP Fabric, Tarpaulin and BOPP Bags.
The promoters of the company are:
1. Mr Anil Choudhary
2. Mr Mohanlal Choudhary
3. Super Sack Pvt Ltd
The objects of the issue are to:
1. Repayment/Prepayment os certain borrowings availed by the company;
2. Working capital requirements.
| IPO Date | Jun 30, 2016 - Jul 5, 2016 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 3,192,000 Eq Shares of ₹10 (aggregating up to ₹7.66 Cr) |
| Face Value | ₹10 Per Equity Share |
| IPO Price | ₹24 Per Equity Share |
| Market Lot | 6000 Shares |
| Min Order Quantity | 6000 Shares |
| Listing At | BSE SME |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 6000 | ₹144,000 |
| Maximum | 1 | 6000 | ₹144,000 |
| Listing Date | Thursday, July 14, 2016 |
| BSE Script Code | 539986 |
| NSE Symbol | |
| Listing In | M |
| ISIN | INE073V01015 |
| IPO Price | ₹24 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
Commercial Syn Bags Ltd
34 Jaora Compound,
M Y Road,
Indore - 452001
Phone: 0731-4279525/26
Email: comsyn@comsyn.com
Website: http://www.comsyn.com/
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Commercial Syn Bags IPO is a SME IPO of 3,192,000 equity shares of the face value of ₹10 aggregating up to ₹7.66 Crores.
The issue price of the IPO is ₹24 Per Equity Share. The minimum order quantity is 6000 Shares per application and the offer type is Fixed Price Issue.
The IPO opens on Jun 30, 2016 and closes on Jul 5, 2016.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Commercial Syn Bags IPO opens on Jun 30, 2016 and closes on Jul 5, 2016.
Commercial Syn Bags IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
The finalization of Basis of Allotment for Commercial Syn Bags IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Commercial Syn Bags IPO allotment status.
Commercial Syn Bags IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.
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