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Incorporated in 1989, Sanco Industries Ltd is an ISO 9001:2008 certified company engaged in manufactures wide range of products such as Rigid PVC conduit pipes, PVC casing & capping, PVC/PP-R Plumbing Pipes, PVC Insulated Domestic Wires & Cables and Copper Wire Rod. Company's products are supplied to entities in the railways, telecom, agriculture, construction, and irrigation sector.
Sanco Industries sells its varied range of products under various brand names such as "SATYAM" "VIKRANT", "MARSHALL", "SUPERPLAST" and "SANCO". Company's manufacturing facility of is located in Paonta Sahib, Himachal Pradesh.
The Objects of the Issue are to raise resources to finance:
1. Capital Expenditure on Existing Manufacturing Capacity of PVC Pipes & Wire & Cable;
2. Meet the margin for working capital requirement;
3. Meet the issue expenses;
4. General corporate purpose; and
5. List the equity shares of the company on the stock exchange.
| IPO Date | Feb 24, 2014 to Feb 26, 2014 |
| Listing Date | Wednesday, March 12, 2014 |
| Face Value | ₹10 per share |
| Price | ₹18 per share |
| Lot Size | 8000 Shares |
| Issue Size | 2,400,000 shares of ₹10 (aggregating up to ₹4.32 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | The promoters of the Company are: 1. Mr. Sanjay Gupta; |
The Sanco Industries IPO lot size is 8000 shares. A retail-individual investor can apply for up to 1 lots (8000 shares or ₹144,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8000 | ₹144,000 |
| Retail (Max) | 1 | 8000 | ₹144,000 |
| Listing Date | Wednesday, March 12, 2014 |
| BSE Script Code | |
| NSE Symbol | SANCO |
| Listing In | |
| ISIN | INE782L01012 |
| IPO Price | ₹18 per share |
| Face Value | ₹10 per share |
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Sanco Industries Ltd
9/51 Bazar Gali,
Vishwas Nagar,
Delhi-110032, India
Phone: +91 11 2238 2737
Email: ipo@sancopipes.com
Website: http://www.sancopipes.com
Beetal Financial & Computer Services (P) Limited
Phone: +91 11 29961281
Email: beetal@beetalfinancial.com
Website: http://www.beetalfinancial.com
Sanco Industries IPO is a SME IPO of 2,400,000 equity shares of the face value of ₹10 aggregating up to ₹4.32 Crores. The issue is priced at ₹18 per share. The minimum order quantity is 8000 Shares.
The IPO opens on Feb 24, 2014, and closes on Feb 26, 2014.
Beetal Financial & Computer Services (P) Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Sanco Industries IPO opens on Feb 24, 2014 and closes on Feb 26, 2014.
Sanco Industries IPO lot size is 8000 Shares and the minimum order quantity is .
You can apply in Sanco Industries 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Sanco Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sanco Industries IPO allotment status.
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