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Sirohia & Sons Ltd IPO (Sirohia & Sons IPO) Detail

September 8, 2014 - September 10, 2014

Sirohia & Sons IPO is a fixed price issue of Rs 3.60 crores.

Sirohia & Sons IPO bidding started from September 8, 2014 and ended on September 10, 2014. The shares got listed on BSE SME on September 24, 2014.

Sirohia & Sons IPO price is ₹12 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Vc Corporate Advisors Pvt Ltd (Vcapl) is the book running lead manager of the Sirohia & Sons IPO, while Adroit Corporate Services Pvt Ltd is the registrar for the issue.

Refer to Sirohia & Sons IPO RHP for detailed information.

Sirohia & Sons IPO Details

IPO Date September 8, 2014 to September 10, 2014
Listing Date September 24, 2014
Face Value ₹10 per share
Price ₹12 per share
Lot Size 10000 Shares
Total Issue Size3,000,000 shares
(aggregating up to ₹3.60 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue7,255,092
Share holding post issue10,255,092
Market Maker portion150,000 shares

Sirohia & Sons IPO Lot Size

Investors can bid for a minimum of 10000 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 10000 ₹120,000
Retail (Max) 1 10000 ₹120,000
Lot Size Calculator

Sirohia & Sons IPO Promoter Holding

The promoters of the company are:

1. Mr. Rakesh Sirohia,
2. Mr. Rajesh Sirohia,
3. Mr. Rajat Sirohia, and
4. Mr. Jitendra Sirohia

Share Holding Pre Issue 63.8%
Share Holding Post Issue 45.13%

About Sirohia & Sons Ltd

Incorporated in 1990, Sirohia & Sons is engaged in the business of dealing in fertilizers and pesticides catering primarily to Tea Industry located in the North East region of the Country, particularly the state of Assam and West Bengal. It receives orders of the specific fertilizers and pesticides required by the Tea Estates through its direct marketing and procure them from the manufacturers which are mostly multinational companies like BASF India Limited, Bayer Cropscience India Limited, Biostadt India Limited, DIC India Limited etc,.

Some of the products which the company is deal in includes DELTAMETHREINE, CYPERMETHRIN, BACILLUS, THIACLOPRID and METHOMYL.

Key Performance Indicator

Objects of the Issue (Sirohia & Sons IPO Objectives)

The objects of this Issue are to raise funds to:

1. To enable them to meet our Long Term Working Capital Requirements;
2. General corporate purpose;
3. Issue expense.

Sirohia & Sons IPO Review (Avoid)

[Dilip Davda]  


(Disclaimer: Author has no plans to invest in this IPO)

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Sirohia & Sons IPO Prospectus

Sirohia & Sons IPO Rating

Rating:Rated 2.9 stars
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Sirohia & Sons IPO Listing Details

Listing Date September 24, 2014
BSE Script Code 538667
NSE Symbol
ISIN INE785O01019
Final Issue Price ₹12 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Sirohia & Sons Ltd Contact Details

Sirohia & Sons Ltd
16 Bonfields Lane,
Kolkata: 700001

Phone: +91-33-2242 6141

Sirohia & Sons IPO Registrar

Adroit Corporate Services Pvt Ltd

Phone: 91- 22- 2859 6060/2859 4060

Sirohia & Sons IPO - Buy or Not

Sirohia & Sons IPO Recommendation Summary

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Members 0 0 0

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Sirohia & Sons IPO FAQs

Sirohia & Sons IPO is a SME IPO of 3,000,000 equity shares of the face value of ₹10 aggregating up to ₹3.60 Crores. The issue is priced at ₹12 per share. The minimum order quantity is 10000 Shares.

The IPO opens on September 8, 2014, and closes on September 10, 2014.

Adroit Corporate Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Sirohia & Sons IPO opens on September 8, 2014 and closes on September 10, 2014.

Sirohia & Sons IPO lot size is 10000 Shares, and the minimum amount required is ₹120,000.

You can apply in Sirohia & Sons 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 Sirohia & Sons IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sirohia & Sons IPO allotment status.

The Sirohia & Sons IPO listing date is on September 24, 2014.
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Sirohia & Sons IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



2. Dilip Davda |   Link |  Bookmark |September 10, 2014 1:33:48 PM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Momai IPO grade is IPO 4/5 by CARE and not as mentioned 5 earlier. Typographical error regretted.

Dilip Davda
SEBI registered Research Analyst

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1. Dilip Davda |   Link |  Bookmark |September 10, 2014 1:29:47 PM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Momai Apparels NSE Emerge listing IPO is likely by last week of September 2014 and is said to be the biggest SME IPO so far with an issue size of Rs. 41 crore. It has received IPO grade 5 from CARE

Dilip Davda
SEBI registered Research Analyst

Read my IPO Reviews