Sikko Industries Ltd IPO (Sikko Industries IPO) Detail

Apr 5, 2017 - Apr 7, 2017

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.

Company Promoters:

The promoters of the company are:

1. Mr. Ghanshyambhai Kumbhani &
2. Mr. Jayantibhai Kumbhani

Objects of the Issue:

The objects of the Issue are:

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

Sikko Industries IPO Details

IPO Opening Date	Apr 5, 2017
IPO Closing Date	Apr 7, 2017
Issue Type	Fixed Price Issue IPO
Face Value	₹10 per equity share
IPO Price	₹32 per equity share
Market Lot	4000 Shares
Min Order Quantity	4000 Shares
Listing At	NSE SME
Issue Size	1,600,000 Eq Shares of ₹10 (aggregating up to ₹5.12 Cr)

Sikko Industries IPO Lot Size

The Sikko Industries IPO market 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 (Cut-off)
Minimum	1	4000	₹128,000
Maximum	1	4000	₹128,000

Sikko Industries IPO Subscription Status (Bidding Detail)

The Sikko Industries IPO is subscribed times on Apr 7, 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
Total

Sikko Industries IPO Prospectus

› Sikko Industries IPO DRHP
› Sikko Industries IPO RHP

Sikko Industries IPO Rating

3.4

Rating:

Vote Here ...

Sikko Industries IPO Listing Date

Listing Date	Tuesday, April 18, 2017
BSE Script Code
NSE Symbol	SIKKO
Listing In
ISIN	INE112X01017
IPO Price	₹32 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

	NSE SME
IPO Price:	₹32.00
Open:	₹34.40
Low:	₹34.10
High:	₹35.50
Last Trade:	₹35.20
Volume:	924,000

Sikko Industries IPO Reviews / Ratings

Dilip Davda - Apply at your own risk

Company Contact Information

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

Sikko Industries IPO Registrar

Purva Sharegistry India Pvt Ltd
   9, Shiv Shakti Industrial Estate,
   JR Borica Marg,
   Lower Parel (East), Mumbai - 400 011

Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: http://www.purvashare.com

Sikko Industries IPO Lead Manager(s)

Swastika Investmart Ltd

Lead Manager Reports

Sikko Industries IPO FAQs

What is Sikko Industries IPO?

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 equity 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.
When Sikko Industries IPO will open?

The Sikko Industries IPO opens on Apr 5, 2017 and closes on Apr 7, 2017.
What is the lot size of Sikko Industries IPO?

Sikko Industries IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
How to apply for Sikko Industries IPO?

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.
When Sikko Industries IPO allotment?

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.
When is Sikko Industries IPO listing date?

The Sikko Industries IPO listing date is on Tuesday, April 18, 2017.

Sikko Industries IPO Message Board

Ranked Members

21. krishnadhobi |May 5, 2017 17:53

still not received MSG

20. Jay Mangal |Apr 16, 2017 12:04

Gala Ji do you think every1 expecting a roller coaster ride in nifty on Monday would affect listing of Dev n Sikko on Monday ?

Load more comments (3 replies)

20.4. gala |Apr 18, 2017 09:56

Top Contributor (300+ Posts, 100+ Likes)

34 has strong support I dnt think it shud break ...Seeing the market depth I hope the source of that support is true rest surely book one lot wait for another - my advise
Disclaimer -- I don''t hold any position in this counter .... Evn not much interested in this issue .... Take ur decision based on ur conviction and not greed

20.5. Jay Mangal |Apr 18, 2017 13:59

Gala Ji booked one lot and it seems that it might be facing some resistance at Rs 35. If it breaks than some hopes could be seen; rest your advice is our stop loss ðŸ‘ðŸ½

19. ankur garg |Apr 17, 2017 19:42

ANOTHER 20% CANDIDATE 38.4 ONLY BUYER

18. JayT |Apr 16, 2017 09:59

Any way to buy in grey market? what is the premium?

17. BABUKALIA |Apr 15, 2017 12:28

Sikko industries ka premium kitna he

16. Jay Mangal |Apr 14, 2017 00:55

Gala ji lets go by principles and won''t be greedy as I have been alloted 2 lots.

Load more comments (2 replies)

16.3. Jay Mangal |Apr 14, 2017 13:11

Rohan I did applied in retail on first day itself but I don''t think there seems to be more chances of allotment.

16.4. Jay Mangal |Apr 14, 2017 13:14

Thank you Gala ji
Btw I got alloted first time after applying for over 8 SMEs.
Hope so would be benefitted out of this

15. Purity |Apr 13, 2017 22:16

Sikko ipo Allotement Declared on below web link ....

http://www.purvashare.com/queries/index.php

14. Heros |Apr 13, 2017 17:47

When allotment

14.1. Jay Mangal |Apr 13, 2017 17:58

Got allotment messages before half a hour

14.2. Hitesh Nankani |Apr 13, 2017 20:39

Allotment is out

Amount in sbi is debited

13. DR. Bayer shah |Apr 13, 2017 12:16

Allotment will be shown on website after 4 pm today.

13.1. I M Patel |Apr 13, 2017 15:19

Which website we can cheak allotment??

12. bgandhi |Apr 13, 2017 10:42

ANY IDEA FOR SICCOO ALLOTMENT ....................

11. I M Patel |Apr 11, 2017 16:05

Gala sir wht u expected listing rate??

Load more comments (1 replies)

11.2. Jay Mangal |Apr 13, 2017 17:36

Gala ji
In blue chip investments they stated listing could be above Rs 40; also in Smart investment there were Applications rates too.
Do you see that much up move at a stretch?

11.3. gala |Apr 13, 2017 19:44

Top Contributor (300+ Posts, 100+ Likes)

Jaymangal how can it good to 40 .... 38.40 will be upper circuit .... Rest I have heard 12000 rates which means sufficient 10% ..... Still if u wish you can keep it and see the market depth buyers and sellers and take decision..... 5% - 10% assured

10. Pranav shah |Apr 10, 2017 09:56

Any tentitive dates for allotment..!?

10.1. I M Patel |Apr 10, 2017 20:00

15 date allotment....

9. Rachumallu Ramesh Babu |Apr 9, 2017 07:19

Whate is meening SME IPO

8. gala |Apr 7, 2017 09:02

Top Contributor (300+ Posts, 100+ Likes)

Well darkhorse seeing the subscription I feel speculation will take it UpTo 50% in starting days nnly I think that is way enough to make 50% in 20 days

Load more comments (13 replies)

8.1. Jay Mangal |Apr 7, 2017 09:37

Dear
Gala Ji
Did you change your prospective for Sikko Industries? Are you convinced for applying it.

8.2. DarkHorse |Apr 7, 2017 10:15

TYSM gala sir _/\_

8.3. gala |Apr 7, 2017 21:37

Top Contributor (300+ Posts, 100+ Likes)

Jay mangal I have said in earlier post where I replied that you won''t lose money bt jst don''t hold weak fundamentals acc to me .... Stock market investment is more based on ur conviction and principles .... My principle avoided me not to apply and I honestly said tat u won''t lose money jst don''t hold was my suggestion

8.4. Jay Mangal |Apr 8, 2017 13:43

Appreciated !
Gala ji

8.5. DarkHorse |Apr 10, 2017 10:33

@gala sir, can we make fresh position in DMART at CMP for long term(like for 10 years) or can wait for one downside spike?
pls suggest

8.6. gala |Apr 11, 2017 08:49

Top Contributor (300+ Posts, 100+ Likes)

Fancy valuations darkhorse .... Dmart and shankara surely has to correct ..... Fr long term this is not the best price .... Rather go fr some beaten down shares of IT pharma and evn nbfcs which are down ...

8.7. DarkHorse |Apr 11, 2017 15:42

tysm @gala sir!!

8.8. I M Patel |Apr 11, 2017 16:03

What rate of listing execration??

8.9. DarkHorse |Apr 12, 2017 19:45

@gala sir, KMS me apply kar sakte hai?
Dev to nahi mila :(

8.10. gala |Apr 12, 2017 20:27

Top Contributor (300+ Posts, 100+ Likes)

Darkhorse kms again below average issue hai ..... Chota issue hai subscribe ho jaega BT 6 7 baar ho toh hi sochiyega varna avoid kyuki LM navigant bhi naya hai

8.11. DarkHorse |Apr 14, 2017 23:40

@gala sir,Namaste!!!
Infobeans technologies ka bataye..apply kare ya nahi..your views!!??!

8.12. gala |Apr 15, 2017 00:04

Top Contributor (300+ Posts, 100+ Likes)

Good issue again not 20 % UC candidate as it''s a vry big issue 37 crore !! Bt listing assured .... Will update again once issue opens for now green signal ....

8.13. DarkHorse |Apr 15, 2017 11:31

_/\_ Thanks sir!!

8.14. DarkHorse |Apr 17, 2017 22:34

Gala sir,ur view on infibeans?
Eagleeye maam GMP 11-12 batayi hai,your views?..apply or not?

8.15. gala |Apr 17, 2017 22:58

Top Contributor (300+ Posts, 100+ Likes)

Bindass apply ..... Though I feel 11 - 12 gmp bahot jyada ho gaya .... Acc to me max issue will be subscribed 8-10 times aur retailers bahot honge alot of flippers still u can expect gmp of 7- 9 ..... Enough apply final decision

7. nayan lakhani |Apr 6, 2017 22:43

Dear IPOANALYSiS
Pls . Share your view for subscribing Sikko industries .

6. Jay Mangal |Apr 6, 2017 16:04

Dear
IPOANALYSIS SIRJI
There has been strong moment seen regarding Sikko Industries. Please provide your views

5. gala |Apr 6, 2017 07:54

Top Contributor (300+ Posts, 100+ Likes)

Bull market and sme fancy effect .... Fundamentals pretty weak still it gets oversubscribed

Load more comments (5 replies)

5.6. gala |Apr 6, 2017 14:43

Top Contributor (300+ Posts, 100+ Likes)

Dev focus were best ! Others are weak .... U can put money for sikko seeing subscription u won''t lose money bt don''t hold weak fundamentals ..... Personally m nnly invested in dev and focus ..... Depends on ur conviction and principles

5.7. DarkHorse |Apr 6, 2017 18:31

Thanks gala sir..if alloted, can hold for 1 year? what will be return?
Your take please.!!!

4. MUKESHSHAH |Apr 5, 2017 18:10

sikko ipo fully subcribed 1.77 times in few hours in first day. so dont think nagtive. ...

3. MUKESHSHAH |Apr 5, 2017 18:07

today its subcribed 1.77 time in few hours in first days.......

2. Krishna Kapadia |Apr 5, 2017 10:29

any view on sikko any gmp or kostak?

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