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Sanginita Chemicals Limited IPO (Sanginita Chemicals IPO) Detail

March 1, 2017 - March 3, 2017

Sanginita Chemicals IPO is a fixed price issue of Rs 10.05 crores.

Sanginita Chemicals IPO bidding started from March 1, 2017 and ended on March 3, 2017. The shares got listed on NSE SME on March 10, 2017.

Sanginita Chemicals IPO price is ₹22 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹132,000.

Swastika Investmart Ltd is the book running lead manager of the Sanginita Chemicals IPO, while Purva Sharegistry India Pvt Ltd is the registrar for the issue.

Refer to Sanginita Chemicals IPO RHP for detailed information.

Sanginita Chemicals IPO Details

IPO Date March 1, 2017 to March 3, 2017
Listing Date March 10, 2017
Face Value ₹10 per share
Price ₹22 per share
Lot Size 6000 Shares
Total Issue Size4,566,000 shares
(aggregating up to ₹10.05 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue12,701,700
Share holding post issue17,267,700

Sanginita Chemicals 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 ₹132,000
Retail (Max) 1 6000 ₹132,000
Lot Size Calculator

About Sanginita Chemicals Limited

Incorporate in 2005, Sanginita Chemicals Limited manufactures and exports cuprous chloride, copper sulphate, and cupric chloride. They offers a wide selection of products for the surface coating industry covering decorative and industrial paints, protective coatings, printing inks and adhesives.

Their products are used in dyes and pigment industries, paint industries, pharmaceuticals industries, electroplating industries, metal extraction industries and ink, carbon paper, PVC pipe coating industries, etc. They offer tailor-made solutions to their customers to meet their specific requirements.

Objects of the Issue (Sanginita Chemicals IPO Objectives)

The objects of the Issue are:

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

Sanginita Chemicals IPO Review (Apply)

[Dilip Davda]  Issue appears to have been priced reasonably. Investors having surplus funds may consider investment for long term. Read detail review...


Sanginita Chemicals IPO Subscription Status (Bidding Detail)

The Sanginita Chemicals IPO is subscribed times on March 3, 2017 5:05:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Sanginita Chemicals IPO Prospectus

Sanginita Chemicals IPO Rating

48
3.9
Rating:Rated 3.9 stars
Vote Here ...

Sanginita Chemicals IPO Listing Details

Listing Date March 10, 2017
BSE Script Code
NSE Symbol SANGINITA
ISIN INE753W01010
Final Issue Price ₹22 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹22.00
₹23.00
₹22.50
₹23.45
₹22.90

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Sanginita Chemicals Limited Contact Details

Sanginita Chemicals Limited
301, 3rd Floor,
Shalin Complex,
Sector -11, Gandhinagar - 382 011
Phone: +91-79-23240270
Email: sanginitachemicals@yahoo.com
Website: http://www. sanginitachemicals.co.in

Sanginita Chemicals IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: https://www.purvashare.com/investor-service/ipo-query

Sanginita Chemicals IPO - Buy or Not

Sanginita Chemicals IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Sanginita Chemicals IPO FAQs

Sanginita Chemicals IPO is a SME IPO of 4,566,000 equity shares of the face value of ₹10 aggregating up to ₹10.05 Crores. The issue is priced at ₹22 per share. The minimum order quantity is 6000 Shares.

The IPO opens on March 1, 2017, and closes on March 3, 2017.

Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Sanginita Chemicals IPO opens on March 1, 2017 and closes on March 3, 2017.

Sanginita Chemicals IPO lot size is 6000 Shares, and the minimum amount required is ₹132,000.

You can apply in Sanginita Chemicals 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 Sanginita Chemicals IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sanginita Chemicals IPO allotment status.

The Sanginita Chemicals IPO listing date is on March 10, 2017.
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Sanginita Chemicals IPO Message Board

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26 Comments

19. Prabhakaran Kuppusamy |   Link |  Bookmark |May 11, 2017 3:57:12 PM (400+ Posts, 300+ Likes)
It''s trading at PE of 35 (peers are trading at 60) and 36% higher than issue price.
We can expect little slowness in the upmove.
18. Prabhakaran Kuppusamy |   Link |  Bookmark |May 8, 2017 6:15:20 PM (400+ Posts, 300+ Likes)
Regretting that I have sold this script at 23 rupee :(
17. satya |   Link |  Bookmark |March 14, 2017 9:34:47 PM
in 2 days trading, total traded quantity is 10 lakh shares. If we assume all these are sold by retailers, it is just below 50% of their quota(21.66Lakh). It is good as many weak hands are selling and strong hands are holding the shares.
17.1. NPT |   Link |  Bookmark |March 14, 2017 10:56:34 PM (200+ Posts, 300+ Likes)
Moreover, deliverable trade is more than 93% for the first two days of the listing which is more than 9.30 lacs share.
Appears to be a good stock for the long run.
16. satya |   Link |  Bookmark |March 14, 2017 12:58:14 PM
Its business is in expansino mode. it''s current utilization of capacity is just @ 37%. for any SME, it is good if they are in expansion mode which increases their revenues as well as profits then reflects higher EPS. I see because of that reason, many people are buying the shares.
15. rohan patel |   Link |  Bookmark |March 12, 2017 6:15:09 PM
Hello
I got one lots . Should we have to wait for good return ? any idea ?
14. deepak bafna |   Link |  Bookmark |March 9, 2017 10:17:17 PM
Listing date ? Listing rate ?
14.1. vijay sahajwani |   Link |  Bookmark |March 9, 2017 11:02:47 PM
Listing on Friday 10/3
13. NPT |   Link |  Bookmark |March 9, 2017 5:59:42 PM (200+ Posts, 300+ Likes)
Sangita allotment our, check purva share site
All the best to the allottee.
12. sunil nath d |   Link |  Bookmark |March 9, 2017 4:36:38 PM
When is the listing date?
11. rakesh lakhwani |   Link |  Bookmark |March 9, 2017 2:56:41 PM
U mean, no confirmation msg will b recieved abt allotment?
10. sunil s pareek |   Link |  Bookmark |March 9, 2017 2:42:40 PM
check your bank account...if u got allotment amount would be debited from your account...
9. rakesh lakhwani |   Link |  Bookmark |March 9, 2017 11:15:16 AM
On which site can v C allotment?
anyone having idea
8. sunil nath d |   Link |  Bookmark |March 9, 2017 9:52:48 AM
When is the allotment date?
7. KAMMA SIVA RAMA KRISHNA |   Link |  Bookmark |March 4, 2017 7:47:46 PM
Listing date information may please be updated in respect of RMC SWITCH GEARS IPO also.
6. namra |   Link |  Bookmark |March 4, 2017 8:44:41 AM
Good issue but very low response from investor
6.1. IPOANALYSIS |   Link |  Bookmark |March 4, 2017 10:54:39 AM
It is good for allotment. People forgot to see its increasing top line and profits. Also turnover of 140 crore is good.
6.2. NPT |   Link |  Bookmark |March 5, 2017 2:16:06 PM (200+ Posts, 300+ Likes)
To me it appears reasonable.
It is related to industrial chemicals, not for agriculture purpose.
Situated in the happening state of the country.
Top line and bottom line is increasing.
Has tangible fixed assets.
Expanding capacity.
Concern: High debt-equity ratio. But it happens when company is in expansion mode.
Profit to sales ratio is very low.
ROCE is low.
Hope for a good listing.
All the best.
5. IPOANALYSIS |   Link |  Bookmark |March 1, 2017 12:33:33 PM
i would check the prospectus for it.

I like CHD chemical from sme. its available at face value and with very low float of equity.

5.1. coolaks |   Link |  Bookmark |March 2, 2017 5:03:48 PM
Hi IPO Analysis

Should we apply in Sanginita Chemicals.
On agri/chemical sector stocks are listing at almost same levels.
Agro phos india got subscribed almost 15 times. Ipo price at Rs 20 now trading at 23 rs last 4months
Recently Krishna Phos chem Came at rs 30 rs now trading at rs 35.
So only 20 to 35% percent gains in Chemical sector.

Any view on this IPO as Agro phos is trading at rs 23 and this ipo is at rs 22.

Whether there will be listing gains ? Is it worth to invest when others have come with hugh subscription but not that much gains.

Pls let us know.
5.2. IPOANALYSIS |   Link |  Bookmark |March 3, 2017 11:10:20 AM
i am applying for 1 application.
4. niceplaywins |   Link |  Bookmark |February 28, 2017 7:56:27 PM
Dilip davda ji which was the last issue managed by swastika investmart....

4.1. jkmittal |   Link |  Bookmark |March 1, 2017 9:49:08 PM
Prolife
3. RAKA GANGAPUR |   Link |  Bookmark |February 28, 2017 5:12:18 PM
DEAR DILIP SIR, SHARE YOUR VIEWS ON THIS IPO
2. Khemka |   Link |  Bookmark |February 28, 2017 12:45:41 PM (1000+ Posts, 400+ Likes)
After listing day bonanza,no appetite seen for krishna phoschem 2nd day hovering at 35/36 ,sebi should not ruling of huge quantities for small and medium company IPO and make small lot for small IPO so that retailers can be allotted shares.
1. gala |   Link |  Bookmark |February 28, 2017 11:36:27 AM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
Views IPO analysis ?