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Incorporated in 1997, Sikko Industries Ltd (SIL) is engaged in manufacturing of Pesticides including organic Pesticides, Fertilizers including organic fertilizer, Spray Pump and
Organic Seeds. Company export their products to South Africa, Lomo Togo, Srilanka and Iran.
Sikko was initially engaged in the manufacturing of "Growth Promoters" and were used as supplements in agriculture by farmers. In the blanket of Growth Promoters various products are sold namely Vakil, Diamond, Vasool, Biomono which are in combination of granules and liquid form. In addition, firm was engaged in assembling of different parts of Spray Pump having Inside and cylinder without bearing. The spray pumps are used by farmers in agriculture to sprey pesticides. In the year 2008 the Company started pesticide unit. During the year 2011 to 2016 added more new products in its basket and also ventured into fertilizer production and started seed division. In addition to manufacturing of pesticides and fertilizer, now SIL is in process of starting up of new project of Bio CNG and BIO Fertilizer for which it has applied to UP State Bio Energy Development Board, Lucknow.
The objects of the Issue are:
1. Working Capital Requirement;
2. General Corporate Purpose;
3. Meeting Public Issue Expenses.
| Sikko Industries IPO Date | Apr 5, 2017 to Apr 7, 2017 |
| Sikko Industries IPO Face Value | ₹10 per share |
| Sikko Industries IPO Price | ₹32 per share |
| Sikko Industries IPO Lot Size | 4000 Shares |
| Issue Size | 1,600,000 shares of ₹10 (aggregating up to ₹5.12 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | The promoters of the company are: 1. Mr. Ghanshyambhai Kumbhani & |
The Sikko Industries IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹128,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹128,000 |
| Retail (Max) | 1 | 4000 | ₹128,000 |
As issue is priced aggressively, only cash surplus risk savvy investors may consider this issue for long term. Read detail review...
The Sikko Industries IPO is subscribed times on Apr 7, 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) |
|---|
| Listing Date | Tuesday, April 18, 2017 |
| BSE Script Code | |
| NSE Symbol | SIKKO |
| Listing In | |
| ISIN | INE112X01017 |
| IPO Price | ₹32 per share |
| Face Value | ₹10 per share |
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Sikko Industries Ltd
508, Iscon Elegance, Nr. Jain Temple,
Nr. Prahladnagar Pick up Stand,
Vejalpur, Ahmedabad – 380051
Phone: +91-79-6616 8950
Email: compliance@sikkoindia.com
Website: http://www.sikkoindia.com
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: http://www.purvashare.com
Sikko Industries IPO is a SME IPO of 1,600,000 equity shares of the face value of ₹10 aggregating up to ₹5.12 Crores. The issue is priced at ₹32 per share. The minimum order quantity is 4000 Shares.
The IPO opens on Apr 5, 2017, and closes on Apr 7, 2017.
Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Sikko Industries IPO opens on Apr 5, 2017 and closes on Apr 7, 2017.
Sikko Industries IPO lot size is 4000 Shares and the minimum order quantity is .
You can apply in Sikko 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 Sikko Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sikko Industries IPO allotment status.
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