Incorporated in 2014, Shish Industried Ltd (SIL) is engaged in the manufacturing of Plastic Twin wall and Multi wall corrugated sheets.
They are manufacturing Saffguard and Stagguard which are twin wall or Multi Wall Boards made from Plastic resin bought from world's best manufacturer. They manufacture mainly 1.3 meter width corrugated sheets ranging from 2mm to 5mm thickness and 1.6 meter ranging from 2mm to 12mm thickness. They also manufacture Plastic fluted boards which are availiable in various thicknesses and colors ranging from 1.5 mm to 15 mm depending upon the requirement of the client. The Plastic hollow sheet has advantages over craft paper and wood products that it is weather and chemical resistant and will typically last longer, giving long-term cost savings. Their products are available in basic colour i.e. Yellow, Siliver, Blue, White, Black and Grey. However, as per the requirement of clients the facility of customized colors is also provided for bulk orders.
They started exporting its products to various countries viz U.A.E, Myanmar and Oman and also enhance production capacity by installing additional machinery for manufacturing variety of products especially Polypropylene (PP) Corrugated Plastic Rolls which is an extruded 3ply and 5ply (GSM from 275GSM > 1000GSM) fluted PP corrugated plastic sheets consisting of two / multi flat walls connected by vertical ribs. The plastic corrugated sheets are flexible and as well as tough, to use in various industries and application like Construction - Building, Humanitarian Relief, Signage Board, Pet enclosures Packaging, Hobby Applications, Medical, Advertisement etc.
The promoters of the company are:
1. Mr. Satishkumar Maniya
2. Mr. Rameshbhai Kakadiya
The objects of the Issue are:
1. Capital Expenditure
2. Working Capital Requirement;
3. General Corporate Purpose;
4. Meeting Public Issue Expenses.
| IPO Opening Date | Aug 23, 2017 |
| IPO Closing Date | Aug 28, 2017 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹30 per equity share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | BSE SME |
| Issue Size | 1,352,000 Eq Shares of ₹10 (aggregating up to ₹4.06 Cr) |
The Shish Industries IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹120,000 |
| Maximum | 1 | 4000 | ₹120,000 |
The Shish Industries IPO is subscribed times on Aug 28, 2017 17:00. 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)
| Category | IPO Subscription |
|---|---|
| NII | |
| RII | |
| Total |
| Listing Date | Tuesday, September 5, 2017 |
| BSE Script Code | 540693 |
| NSE Symbol | |
| Listing In | M Group of Securities |
| ISIN | INE145Y01015 |
| IPO Price | ₹30 per equity share |
| Face Value | ₹10 per equity share |
|
|
Shish Industries Ltd
Survey No: 265/ 266, Block No: 290,
Block No.290,B/1 Paiki 1
Pipodara Mangrol , Surat - 394110
Phone: +91-9826566698
Email: compliance@shishindustries.com
Website: http://www.shishindustries.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
Shish Industries IPO is a SME IPO of 1,352,000 equity shares of the face value of ₹10 aggregating up to ₹4.06 Crores. The issue is priced at ₹30 per equity share. The minimum order quantity is 4000 Shares.
The IPO opens on Aug 23, 2017, and closes on Aug 28, 2017.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Shish Industries IPO opens on Aug 23, 2017 and closes on Aug 28, 2017.
Shish Industries IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
You can apply in Shish 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 Shish Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shish Industries IPO allotment status.
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