Sanginita Chemicals Limited IPO (Sanginita Chemicals IPO) Detail

Mar 1, 2017 - Mar 3, 2017

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.

Company Promoters:

The promoters of the company are:

1. Sanginita Industries Pvt Ltd
2. Mr. Dineshsinh Chavada &
3. Mr. Vijaysinh Chavda

Objects of the Issue:

The objects of the Issue are:

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

Sanginita Chemicals IPO Details

IPO Opening DateMar 1, 2017
IPO Closing DateMar 3, 2017
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹22 per equity share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtNSE SME
Issue Size4,566,000 Eq Shares of ₹10
(aggregating up to ₹10.05 Cr)

Sanginita Chemicals IPO Lot Size

The Sanginita Chemicals IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹132,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹132,000
Maximum16000₹132,000

Sanginita Chemicals IPO Subscription Status (Bidding Detail)

The Sanginita Chemicals IPO is subscribed times on Mar 3, 2017 17:05. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
Total

Sanginita Chemicals IPO Prospectus

Sanginita Chemicals IPO Rating

48
3.9
Rating:Rated 3.9 stars

Vote Here ...

Sanginita Chemicals IPO Listing Date

Listing DateFriday, March 10, 2017
BSE Script Code
NSE SymbolSANGINITA
Listing In
ISININE753W01010
IPO Price₹22 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹22.00
Open:₹23.00
Low:₹22.50
High:₹23.45
Last Trade:₹22.90
Volume:738,000

Sanginita Chemicals IPO Reviews / Ratings

Company Contact Information

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
   9, Shiv Shakti Industrial Estate,
   JR Borica Marg,
   Lower Parel (East), Mumbai - 400 011

Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: http://www.purvashare.com

Sanginita Chemicals IPO Lead Manager(s)

Sanginita Chemicals IPO FAQs

  1. What is Sanginita Chemicals IPO?

    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 equity share. The minimum order quantity is 6000 Shares.

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

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

  2. When Sanginita Chemicals IPO will open?

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

  3. What is the lot size of Sanginita Chemicals IPO?

    Sanginita Chemicals IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

  4. How to apply for Sanginita Chemicals IPO?

    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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Sanginita Chemicals IPO allotment?

    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.

  6. When is Sanginita Chemicals IPO listing date?

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

Sanginita Chemicals IPO Message Board

Ranked Members  Ranked Members

Loading...
19. Prabhakaran Kuppusamy |May 11, 2017 15:57
Top Contributor Top Contributor (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 |May 8, 2017 18:15
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Regretting that I have sold this script at 23 rupee :(
17. satya |Mar 14, 2017 21:34
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 |Mar 14, 2017 22:56
Top Contributor Top Contributor (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 |Mar 14, 2017 12:58
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 |Mar 12, 2017 18:15
Hello
I got one lots . Should we have to wait for good return ? any idea ?
14. deepak bafna |Mar 9, 2017 22:17
Listing date ? Listing rate ?
14.1. vijay sahajwani |Mar 9, 2017 23:02
Listing on Friday 10/3
13. NPT |Mar 9, 2017 17:59
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Sangita allotment our, check purva share site
All the best to the allottee.
12. sunil nath d |Mar 9, 2017 16:36
When is the listing date?
11. rakesh lakhwani |Mar 9, 2017 14:56
U mean, no confirmation msg will b recieved abt allotment?
10. sunil s pareek |Mar 9, 2017 14:42
check your bank account...if u got allotment amount would be debited from your account...
9. rakesh lakhwani |Mar 9, 2017 11:15
On which site can v C allotment?
anyone having idea
8. sunil nath d |Mar 9, 2017 09:52
When is the allotment date?
7. KAMMA SIVA RAMA KRISHNA |Mar 4, 2017 19:47
Listing date information may please be updated in respect of RMC SWITCH GEARS IPO also.
6. namra |Mar 4, 2017 08:44
Good issue but very low response from investor
6.1. IPOANALYSIS |Mar 4, 2017 10:54
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
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 |Mar 5, 2017 14:16
Top Contributor Top Contributor (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 |Mar 1, 2017 12:33
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
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 |Mar 2, 2017 17:03
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 |Mar 3, 2017 11:10
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
i am applying for 1 application.
4. niceplaywins |Feb 28, 2017 19:56
Dilip davda ji which was the last issue managed by swastika investmart....

4.1. jkmittal |Mar 1, 2017 21:49
Prolife
3. RAKA GANGAPUR |Feb 28, 2017 17:12
DEAR DILIP SIR, SHARE YOUR VIEWS ON THIS IPO
2. Khemka |Feb 28, 2017 12:45
IPO Guru IPO Guru (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 |Feb 28, 2017 11:36
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Views IPO analysis ?







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