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Shish Industries Ltd IPO (Shish Industries IPO) Detail

August 23, 2017 - August 28, 2017

Shish Industries IPO is a fixed price issue of Rs 4.06 crores.

Shish Industries IPO bidding started from August 23, 2017 and ended on August 28, 2017. The shares got listed on BSE SME on September 5, 2017.

Shish Industries IPO price is ₹30 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Corporate Capitalventures Pvt Ltd is the book running lead manager of the Shish Industries IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Shish Industries IPO RHP for detailed information.

Shish Industries IPO Details

IPO Date August 23, 2017 to August 28, 2017
Listing Date September 5, 2017
Face Value ₹10 per share
Price ₹30 per share
Lot Size 4000 Shares
Total Issue Size1,352,000 shares
(aggregating up to ₹4.06 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Shish Industries IPO Reservation

Shish Industries IPO a total of 1,352,000 shares are offered. NII: 676,000 (50.00%), RII: 676,000 (50.00%).

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered--
Other Shares Offered676,000 (50.00%)
Retail Shares Offered676,000 (50.00%)
Total Shares Offered1,352,000 (100%)

Shish Industries IPO Lot Size

Investors can bid for a minimum of 4000 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 4000 ₹120,000
Retail (Max) 1 4000 ₹120,000
Lot Size Calculator

About Shish Industries Ltd

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.

Objects of the Issue (Shish Industries IPO Objectives)

The objects of the Issue are:

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

Shish Industries IPO Review (Avoid)

[Dilip Davda]  There is no harm in giving Shish Industries BSE SME highly priced IPO a miss. Read detail review...

Shish Industries IPO Subscription Status (Bidding Detail)

The Shish Industries IPO is subscribed times on Aug 28, 2017 5:00:00 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)

Shish Industries IPO Prospectus

Shish Industries IPO Rating

Rating:Rated 3.5 stars
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Shish Industries IPO Listing Details

Listing Date September 5, 2017
BSE Script Code 540693
NSE Symbol
ISIN INE145Y01015
Final Issue Price ₹30 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Shish Industries IPO Contact Details

Shish Industries Ltd
Survey No: 265/ 266, Block No: 290,
Block No.290,B/1 Paiki 1
Pipodara Mangrol , Surat - 394110
Phone: +91-9826566698

Shish Industries IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Shish Industries IPO - Buy or Not

Shish Industries IPO Recommendation Summary

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Members 0 0 0

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Shish Industries IPO FAQs

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 share. The minimum order quantity is 4000 Shares.

The IPO opens on August 23, 2017, and closes on August 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 August 23, 2017 and closes on August 28, 2017.

Shish Industries IPO lot size is 4000 Shares, and the minimum amount required is ₹120,000.

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, Nuvama, 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.

The Shish Industries IPO listing date is on September 5, 2017.
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Shish Industries IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



19. Professional |   Link |Sep 22, 2017 1:30:11 PM
See look at Matrimoney IPO around 170Rs discount. SBI Life will be another like Matrimoney because of supply more and demand less due to ask price is 50 time more than the peers like ICICI Prud.
18. LOGIC VASTU |   Link |Sep 5, 2017 6:38:49 PM
What is allotment date and listing date
17. Kightrider |   Link |Sep 5, 2017 3:58:59 PM
Earned 24000 profit
16. Kbgohil |   Link |Sep 5, 2017 2:21:14 PM
Shush is good?
15. Kightrider |   Link |Sep 1, 2017 10:30:55 AM
When will be allotment out?
14. Kbgohil |   Link |Aug 29, 2017 7:10:04 PM
Nilam aapne Shish SME apply kiya?
14.1. neelam |   Link |Aug 29, 2017 10:36:20 PM
no i am very new to ipo so want to first observe and later start it, what is your name and number friend
13. KAMLESHSINH BHARATSINH GOHIL |   Link |Aug 28, 2017 11:50:33 AM
Kitana sub.huaa.achha had ipo? Nilam aapne bhara?
13.1. neelam |   Link |Aug 28, 2017 9:58:08 PM
I am not clear sir what you wrote can u be but clear
12. neelam |   Link |Aug 27, 2017 8:57:30 PM
issue share are 1,352,000 and 8,88,000 already subscribed in 1st and 2nd day and tomorrow is the last day, and i am thinking that this ipo will be over subscribed so kindly watch the same and this busines is really good business in the market and good branding
12.1. Kbgohil |   Link |Sep 8, 2017 9:36:09 PM
Shish mid term ke lie achha hai? 1 month ka kya target hai? Please answer.........
11. neelam |   Link |Aug 27, 2017 8:37:04 PM
Hi i just review this video of the shish industries ltd in u tube; and seems to be really good mode of business and even their website which deplays all the services and products of the company which manufacturers ,,, and they some utilities which really sounds good , please review their website :

Let me know if any expert in this group thinks the above ipo is really sounds good for listing gains
10. LOGIC VASTU |   Link |Aug 26, 2017 4:38:39 PM
Logo of the company is will give better result in medium term
9. babloo |   Link |Aug 24, 2017 3:54:45 PM
I have ICICI Demat account. Can anybody suggest how can we apply in SME IPOs?
8. Aniketiaf |   Link |Aug 23, 2017 7:54:38 PM (1800+ Posts, 10200+ Likes)
7. Hiren K. |   Link |Aug 23, 2017 7:45:51 PM
Plz update pashupati coatspin....SME
6. Hiro Devrani |   Link |Aug 23, 2017 3:28:14 PM
Apply or avoid for listing gain

Gala sir ... Eagleye madam please suggest...
6.1. Viraj. |   Link |Aug 23, 2017 4:35:06 PM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
5. Baskaran |   Link |Aug 23, 2017 3:40:29 PM
4. Hiro Devrani |   Link |Aug 23, 2017 3:27:30 PM
Apply or avoid for listing gain
3. KAMLESHSINH BHARATSINH GOHIL |   Link |Aug 23, 2017 1:54:46 PM
Shush sme ipo kaisha hai?
2. PRAFULDURAI |   Link |Aug 23, 2017 9:25:41 AM
All the best
1. Hiren K. |   Link |Aug 23, 2017 7:55:30 AM
Plz update about Shish Indus. SME IPO