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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 objects of the Issue are:
1. Capital Expenditure
2. Working Capital Requirement;
3. General Corporate Purpose;
4. Meeting Public Issue Expenses.
| Shish Industries IPO Date | Aug 23, 2017 to Aug 28, 2017 |
| Shish Industries IPO Face Value | ₹10 per share |
| Shish Industries IPO Price | ₹30 per share |
| Shish Industries IPO Lot Size | 4000 Shares |
| Issue Size | 1,352,000 shares of ₹10 (aggregating up to ₹4.06 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | The promoters of the company are: 1. Mr. Satishkumar Maniya |
The Shish Industries IPO 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 |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹120,000 |
| Retail (Max) | 1 | 4000 | ₹120,000 |
There is no harm in giving Shish Industries BSE SME highly priced IPO a miss. Read detail review...
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)
| Category | Subscription (times) |
|---|---|
| NII | |
| Retail | |
| 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 share |
| Face Value | ₹10 per share |
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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
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 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 .
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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