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Shish Industries Ltd IPO (Shish Industries IPO) Detail

Aug 23, 2017 - Aug 28, 2017

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

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 Details

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 Size1,352,000 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
2. Mr. Rameshbhai Kakadiya

Shish Industries IPO Lot Size

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

Shish Industries IPO Review

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)
NII
Retail
Total

Shish Industries IPO Prospectus

Shish Industries IPO Rating

51
3.5
Rating:Rated 3.5 stars
Vote Here ...

Shish Industries IPO Listing Date

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

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹30.00
₹32.00
₹32.00
₹36.00
₹32.95

Company Contact Information

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

Shish Industries IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Shish Industries IPO Review

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 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.

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

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23 Comments

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; https://www.youtube.com/watch?v=CwnGF_ZV-j8 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 :http://shishindustries.com/ProductDescription.aspx#

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 good.company 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
IPO Guru IPO Guru (1800+ Posts, 10200+ Likes)
AVOID THIS SME. WAIT FOR BHARAT ROAD IPO. BHARAT ROAD IPO WILL OPEN ON 06 SEPTEMBER AND WILL CLOSE ON 08 SEPTEMBER. BE READY.
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, 1000+ Likes)
Avoid
5. Baskaran |   Link |Aug 23, 2017 3:40:29 PM
Avoid SHISH INDUSTRIES.
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