Sirca Paints India Limited IPO
NSE SMERs 1,28,000 / 800 Shares
Sirca Paints India Limited IPO Details
The Sirca Paints India Limited IPO price band is set between Rs 151/- to Rs 160/- Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Karvy Computershare Private Limited, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 16 May, 2018 and closes on 22 May, 2018. Investors can check the allotment status on 28 May, 2018, while the listing date is tentatively scheduled for 30 May, 2018.
The total issue size is Fresh Issue of 48,69,600 Equity Shares of Rs 10/- each at a price of Rs 151/- to Rs 160/- per share aggregating to 77.92 Cr, aggregating up to . Stay tuned for the latest Sirca Paints India Limited IPO review and GMP updates.
Sirca Paints India Limited IPO Review, Rating & Analysis
Sirca Paints India Limited IPO Review
NO REVIEWSirca Paints India Limited IPO Rating
Sirca Paints India Limited IPO Highlights
IPO Date
May 16, 2018 - May 22, 2018
Listing Date
30 May, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 151/- to Rs 160/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Sirca Paints India Limited IPO Lot Size
The minimum market lot for Sirca Paints India Limited IPO is 800 shares with an application amount of ₹1,28,000. 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 | 800 | ₹1,28,000 |
| Retail (Max) | 1 | 800 | ₹1,28,000 |
| S-HNI (Min) | 2 | 1600 | ₹2,56,000 |
| S-HNI (Max) | 7 | 5600 | ₹8,96,000 |
| B-HNI (Min) | 8 | 6400 | ₹10,24,000 |
Sirca Paints India Limited IPO Timeline
Issue Price
Rs 151/- to Rs 160/- Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Karvy Computershare Private LimitedLead Manager
Navigant Corporate Advisors LtdIssue Size
Fresh Issue of 48,69,600 Equity Shares of Rs 10/- each at a price of Rs 151/- to Rs 160/- per share aggregating to 77.92 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Sanjay Agarwal
- Mr. Apoorv Agarwal
- Mr. Gurjit Singh Bains
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Sirca Paints India Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 22,98,400 | 6,99,200 | 16,28,000 | 46,25,600 |
Day 1 -16-05-18 | 0 x | 19,200 0.03 | 4,13,600 0.25 x | 4,32,800 0.09 x |
Day 2 -17-05-18 | 0 x | 5,42,400 0.78 | 8,24,000 0.51 x | 13,66,400 0.30 x |
Day 3 -18-05-18 | 0 x | 6,04,800 0.86 | 14,76,800 0.91 x | 20,81,600 0.45 x |
Day 4 -21-05-18 | 0 x | 8,18,400 1.17 | 43,31,200 2.66 x | 51,49,600 1.11 x |
Day 5 -22-05-18 | 11,56,000 0.5 x | 2,24,10,400 32.05 | 1,49,04,800 9.16 x | 3,84,71,200 8.32 x |
Frequently Asked Questions about Sirca Paints India Limited IPO IPO
When will Sirca Paints India Limited IPO open for subscription?
The Sirca Paints India Limited IPO opens on 16 May, 2018 and closes on 22 May, 2018.
What is the investors portion for Sirca Paints India Limited IPO?
The investors' portion for QIB is 1156000 0.5 x, NII is 22410400 32.05, and Retail is 14904800 9.16 x.
How to apply for Sirca Paints India Limited IPO?
You can apply for Sirca Paints India 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 Sirca Paints India Limited IPO?
The issue size of Sirca Paints India Limited IPO is approx ₹Fresh Issue of 48,69,600 Equity Shares of Rs 10/- each at a price of Rs 151/- to Rs 160/- per share aggregating to 77.92 Cr crores.
What is the price band of Sirca Paints India Limited IPO?
The price band for Sirca Paints India Limited IPO is Rs 151/ to ₹ to Rs 160/.
What is the lot size of Sirca Paints India Limited IPO?
The minimum bid (lot size) for Sirca Paints India Limited IPO is 800 shares with an investment of approx Rs 1,28,000 .
What is the allotment date of Sirca Paints India Limited IPO?
The allotment date for Sirca Paints India Limited IPO is 28 May, 2018.
What is the listing date of Sirca Paints India Limited IPO?
The listing date for Sirca Paints India Limited IPO is expected to be 30 May, 2018.
What is the GMP of Sirca Paints India Limited IPO?
The latest Grey Market Premium (GMP) for Sirca Paints India 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.
