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Commercial Syn Bags Ltd IPO (Commercial Syn Bags IPO) Detail

June 30, 2016 - July 5, 2016

Commercial Syn Bags IPO is a fixed price issue of Rs 7.66 crores.

Commercial Syn Bags IPO bidding started from June 30, 2016 and ended on July 5, 2016. The shares got listed on BSE SME on July 14, 2016.

Commercial Syn Bags IPO price is ₹24 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹144,000.

Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Commercial Syn Bags IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Commercial Syn Bags IPO RHP for detailed information.

Commercial Syn Bags IPO Details

IPO Date June 30, 2016 to July 5, 2016
Listing Date July 14, 2016
Face Value ₹10 per share
Price ₹24 per share
Lot Size 6000 Shares
Total Issue Size3,192,000 shares
(aggregating up to ₹7.66 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Commercial Syn Bags IPO Lot Size

Investors can bid for a minimum of 6000 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 6000 ₹144,000
Retail (Max) 1 6000 ₹144,000
Lot Size Calculator

About Commercial Syn Bags Ltd

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.

Objects of the Issue (Commercial Syn Bags IPO Objectives)

The objects of the issue are to:

1. Repayment/Prepayment os certain borrowings availed by the company;
2. Working capital requirements.

Commercial Syn Bags IPO Review (Apply)

[Dilip Davda]  Justifiably priced IPO is worth considering by investors with surplus cash for long term investment. Read detail review...

Commercial Syn Bags IPO Prospectus

Commercial Syn Bags IPO Rating

25
4.2
Rating:Rated 4.2 stars
Vote Here ...

Commercial Syn Bags IPO Listing Details

Listing Date July 14, 2016
BSE Script Code 539986
NSE Symbol COMSYN
ISIN INE073V01015
Final Issue Price ₹24 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹24.00
₹28.80
₹28.80
₹28.80
₹28.80

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Commercial Syn Bags Ltd Contact Details

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/

Commercial Syn Bags IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Commercial Syn Bags IPO - Buy or Not

Commercial Syn Bags IPO Recommendation Summary

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Members 0 0 0

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Commercial Syn Bags IPO FAQs

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 is priced at ₹24 per share. The minimum order quantity is 6000 Shares.

The IPO opens on June 30, 2016, and closes on July 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 June 30, 2016 and closes on July 5, 2016.

Commercial Syn Bags IPO lot size is 6000 Shares, and the minimum amount required is ₹144,000.

You can apply in Commercial Syn Bags 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 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.

The Commercial Syn Bags IPO listing date is on July 14, 2016.
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Commercial Syn Bags IPO Message Board

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215 Comments

89. niceplaywins |   Link |  Bookmark |August 25, 2016 3:36:24 PM
It seems soon we can see it above Rs 65 after half early results by October end.
88. atul |   Link |  Bookmark |August 23, 2016 10:34:22 PM (300+ Posts)
This company will rock .excellent performance
87. SHINE |   Link |  Bookmark |August 2, 2016 8:36:07 PM
current gmp of DBL
86. niceplaywins |   Link |  Bookmark |July 28, 2016 7:12:56 PM
this company do not declare quarterly results but half yearly results, results will come in October & probably better than last half yearly
85. STOCKT |   Link |  Bookmark |July 26, 2016 8:13:13 PM
company to incur huge losses in result to be announced. insider to company has said their margins have been hit badly and no demand of bags have been seen this qtr due to tough competition.
in coming months and years it will post huge losses as inventory is going up .
84. STOCKT |   Link |  Bookmark |July 26, 2016 8:11:18 PM
slowly stock price is moving lower and will go down lower ,lower and lower.

closed today at 36.35.
83. Manipo |   Link |  Bookmark |July 25, 2016 4:31:40 PM (200+ Posts)
Slowly share price of this company is moving higher. Today closed at 37.6
82. atul |   Link |  Bookmark |July 22, 2016 11:29:08 PM (300+ Posts)
You will see very good result on this company.best buy in sme space.
81. STOCKT |   Link |  Bookmark |July 20, 2016 1:03:46 PM
jo akalmand hoga woh isse bechkar NBCC (India) Kharidege

This stock is risky. NBCC india everyone has given buy call and it the safest bet in this market.

jaldi karo sell warna babaji ka thullu milega
80. STOCKT |   Link |  Bookmark |July 19, 2016 9:27:48 AM
Sell commerical syn bags.. it will go down below issue price in few trading session. its financial is bad and only for listing gains only. its long term outlook looks bleak
long term target if 8 rs in 6 months.

hurry and sell before its too late and your profit turns into loss.
80.5. Manipo |   Link |  Bookmark |July 20, 2016 9:25:44 PM (200+ Posts)
On the contrary I see this company consolidating around 35 and again starting upward journey from here.
80.6. STOCKT |   Link |  Bookmark |July 21, 2016 2:57:31 PM
jONAM KYA HUA AB COMMENT NAHI KAREGA


KHARID LE JITNA MAAL KHARIDNA HAI BAHUT SAARE SELLERS HAI IS STOCK KE MARKET MEIN.

kHARIDLE KYUNKI AGLE SAAL YEH KODIYON KE BHAAV PE MIL RAHA HOGA.

TERI INVESTMENT 1/4 HO JAYEGI

LOGON KO MAT UKSAH KHARIDNE KE LIYE. MAIN JAANTA HOON TUJH JAISE LOG KHARIDNE KO BOLTE HAIN TAKI THODA BADKAR BECH DEIN.




1. STOCKT Jul 20, 2016 1:03:46 PM IST Reply
jo akalmand hoga woh isse bechkar NBCC (India) Kharidege

This stock is risky. NBCC india everyone has given buy call and it the safest bet in this market.

jaldi karo sell warna babaji ka thullu milega
79. STOCKT |   Link |  Bookmark |July 18, 2016 1:49:32 PM
sell it before its too late. stock already going down from its previous high 41 to 38 now

sell sell sell and earn profit .this is just a euphoria in beginning which will end soon.
this can hit lower circuit at any time once the buying is exhausted.
79.1. ARUNAM |   Link |  Bookmark |July 18, 2016 2:33:25 PM
done at 37
78. ARUNAM |   Link |  Bookmark |July 18, 2016 12:45:20 PM
at what price we can sell it ?
77. IPOANALYSIS |   Link |  Bookmark |July 18, 2016 11:43:31 AM
JAB BHI YEH DOWN JANA SHURU HOGA CONTINUOUS LOWER CIRCUIT KAREGA.
ISSUE PRICE SE NEECHE AA JAYEGA
76. STOCKT |   Link |  Bookmark |July 18, 2016 9:40:57 AM
Circuit is opened.

sellers will increase. game played by operator. huge debt piling up and bags business is not doing good. debt will increase more in coming time.

stock might also hit lower circuit once selling comes from hni
75. IPOANALYSIS |   Link |  Bookmark |July 17, 2016 1:34:33 AM
WHY ARE PEOPLE AFRAID IF COMPLAINT IS BEING MADE WITH SEBI AND REGISTRAR. THIS EVEN GIVE MORE REASONS THAT ALLOTMENT MIGHT BE FIXED.

LET ALL DETAILS OF INDIVIDUALS GO TO SEBI. IF THEY FIND IRREGULARITIES THEY WILL TAKE ACTION.

74. REAL IPO |   Link |  Bookmark |July 17, 2016 12:02:59 AM
comsyn me koi fraud nahi huwa,
jinko besis of allotment dekhna hai wo bigshare ki site PE Jake dekh sakte hai,
jinko allotments nahi Mila wohi negative battein Kar hai.
ye unka badluck hai jinko allotment nahi Mila isme company ya registrar PE galat iljam lagana thik nahi.
so alloties friends good luck for just hold comsyn and see up up n up in Monday morning.
74.1. IPOANALYSIS |   Link |  Bookmark |July 18, 2016 3:25:30 PM
Hahah where is the uc. It might hit lower circuit once selling intensifies
73. TheLearner |   Link |  Bookmark |July 16, 2016 9:55:56 PM
WILL TAKE BREATHER @60 3 MORE UPPER CIRCUIT COMING.
72. SNBC |   Link |  Bookmark |July 16, 2016 5:49:59 PM
Why the registrars are not publishing basis of allotment ?
Titanium and advanced syntax which came together with comsyn have already posted it.
If u can smell what the pantamoth is cooking?
71. HARIOM |   Link |  Bookmark |July 16, 2016 4:34:36 PM
please also complain to roc.gwalior@mca.gov.in on fraudulent allotment done by Comsyn n it registrar
70. jagadish abbigeri |   Link |  Bookmark |July 16, 2016 2:04:42 PM
Sreing Huge demand for buying Comsyn, it srems it is also going in thr same way as MRSS which listed last year at 10 rupees n now trading at 140 rs.