Siddhika Coatings Limited IPO
NSE SME₹114,000 / 2000 Shares
Siddhika Coatings Limited IPO Details
The Siddhika Coatings Limited IPO price band is set between ₹57 per equity share, with a face value of ₹10 per share. The issue is managed by Skyline Financial Services Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 24 Mar, 2021 and closes on 26 Mar, 2021. Investors can check the allotment status on 5 Apr, 2021, while the listing date is tentatively scheduled for 7 Apr, 2021.
The total issue size is 824,000 Eq Shares of ₹10 , aggregating up to ₹4.70 Cr. Stay tuned for the latest Siddhika Coatings Limited IPO review and GMP updates.
Siddhika Coatings Limited IPO Review, Rating & Analysis
Siddhika Coatings Limited IPO Review
NO REVIEWSiddhika Coatings Limited IPO Rating
Siddhika Coatings Limited IPO Highlights
IPO Date
Mar 24, 2021 - Mar 26, 2021
Listing Date
7 Apr, 2021
Face Value
₹10 Per Equity Share
Price Band
₹57 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Siddhika Coatings Limited IPO Lot Size
The minimum market lot for Siddhika Coatings Limited IPO is 2000 shares with an application amount of ₹1,14,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,14,000 |
| Retail (Max) | 1 | 2000 | ₹1,14,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,28,000 |
| S-HNI (Max) | 8 | 16000 | ₹9,12,000 |
| B-HNI (Min) | 9 | 18000 | ₹10,26,000 |
Siddhika Coatings Limited IPO Timeline
Issue Price
₹57 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LtdLead Manager
Unistone Capital Pvt LtdIssue Size
824,000 Eq Shares of ₹10 (aggregating up to ₹4.70 Cr)Siddhika Coatings Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 20 | 21.42 | 6.14 | 0.19 | - | - | - |
| 31 Mar 20 | 23.02 | 30.41 | 2.95 | - | - | - |
| 31 Mar 19 | 20.54 | 32.23 | 3.51 | - | - | - |
| 31 Mar 18 | 15.35 | 22.14 | 2.56 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Siddhika Business Applications Private Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 83.64% | 61.34% |
About Company
Siddhika Coatings Ltd is a key supplier of SK Kaken Ltd (SKK) products and its specialist paint in India. SKK is a Japan-based coatings and pigments manufacturer, and being a strategic channel partner of SKK, Siddhika Coatings Ltd is engaged in the business of supplying Architectural Coatings Supplies & Applications in India. The firm also offers application services like coating interior as well as exterior surfaces of civil structures using organic and inorganic architectural pigments and technical-grade functional coatings.
It supplies products to real estate developers, government and private entities i.e. IT companies, hospitality leaders, business park developers, and various eminent architects in India. It has successfully completed 160+ projects across 11 states in India over the last 3 calendar years. It is serving its customers through its branches in 11 states of India i.e. Delhi, Haryana, Uttar Pradesh, Rajasthan, Himachal Pradesh, Karnataka, Tamil Nadu, Telangana, West Bengal, Gujarat, and Maharashtra.
Siddhika Coatings Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 391,000 | 391,000 | 782,000 |
Day 1 -24-03-21 05:00 PM | 1.13 x | 0.70 x | 0.91 x |
Day 2 -25-03-21 05:00 PM | 1.65 x | 1.40 x | 1.53 x |
Day 3 -26-03-21 05:00 PM | 2.33 x | 2.87 x | 2.60 x |
Frequently Asked Questions about Siddhika Coatings Limited IPO IPO
When will Siddhika Coatings Limited IPO open for subscription?
The Siddhika Coatings Limited IPO opens on 24 Mar, 2021 and closes on 26 Mar, 2021.
What is the investors portion for Siddhika Coatings Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 391000.
How to apply for Siddhika Coatings Limited IPO?
You can apply for Siddhika Coatings Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Siddhika Coatings Limited IPO?
The issue size of Siddhika Coatings Limited IPO is approx ₹824,000 Eq Shares of ₹10 (aggregating up to ₹4.70 Cr) crores.
What is the price band of Siddhika Coatings Limited IPO?
The price band for Siddhika Coatings Limited IPO is ₹57 per equity share to ₹undefined.
What is the lot size of Siddhika Coatings Limited IPO?
The minimum bid (lot size) for Siddhika Coatings Limited IPO is N/A shares with an investment of approx ₹114,000 .
What is the allotment date of Siddhika Coatings Limited IPO?
The allotment date for Siddhika Coatings Limited IPO is 5 Apr, 2021.
What is the listing date of Siddhika Coatings Limited IPO?
The listing date for Siddhika Coatings Limited IPO is expected to be 7 Apr, 2021.
What is the GMP of Siddhika Coatings Limited IPO?
The latest Grey Market Premium (GMP) for Siddhika Coatings Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.