Registered Office:
L-9 Lower Ground Floor,Kalkaji,
New Delhi
-
110019,
Phone : 91-11-41601441
Fax : NA
Initial Public Issue of upto 8,24,000 equity shares of face value of (Rs)10 each of Siddhika Coatings Limited (The "company" or the "issuer") for cash at a price of (Rs) 57 per equity share including a share premium of (Rs) 47 per equity share (The "issue price") aggregating to (Rs) 4.70 Crores ("The issue"), of which up to 42000 equity shares of face value of (Rs) 10 each for cash at a price of (Rs) 57 per equity Share including a share premium of (Rs) 47 per equity share aggregating to (Rs) 0.24 Crores will be reserved for subscription by Market Maker to the issue (The "Market Maker Reservation Portion"). The issue less the Market Maker Reservation Portion i.e. Net issue of 7,82,000 equity shares of face value of 10 each at a price of (Rs) 57 per equity share aggregating to (Rs) 4.46 Crores is herein after referred to as the "Net issue".
The issue and the net issue will constitute 26.67% and 25.31% respectively of the post issue paid up equity share capital of the company.
The Face Value of Equity Shares is (Rs) 10 each and The Issue Price is (Rs) 57.00.
The Issue Price is 5.7 times of the face value of the equity shares.
Opens On
Closes On
Application
Allotment
24-Mar-21
26-Mar-21
57.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
4.70
Unistone Capital Pvt Ltd
Project Financed through Current Offer
4.70
Post Issue Equity Share Capital
3.09