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Sirca Paints India Ltd.

Sirca Paints India Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹160
₹160
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹160
Based on GMP
Min. Investment
₹128,000
1 lot × 800 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
16 May 2018
Close Date
22 May 2018
Allotment
28 May 2018
Listing Date
30 May 2018
Exchange
NSE SME
Price Band
₹160
Listing Price
See chart
Allotment Status
Price Band
₹160
Per share
Face Value
₹10 per share
 
Lot Size
800 Shares
per lot
Issue Size
48,69,600 shares (aggregating up to ₹77.91 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹128,000
1 lot
Pre-IPO Holding
1,34,00,000 shares
Promoters
Post-IPO Holding
1,82,69,600 shares
Promoters
UPI Deadline
2018-05-22
Mandate
Anchor AllotmentTue, 15 May 2018
Basis of AllotmentMon, 28 May 2018
Refund InitiationTue, 29 May 2018
Demat CreditTue, 29 May 2018
Listing DayWed, 30 May 2018
UPI Mandate Deadline2018-05-22
Sale TypeFresh Capital
Net Offer to Public46,25,600 shares (aggregating up to ₹74.01 Cr)
Market Maker Quota2,44,000 shares (aggregating up to ₹3.90 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Sirca Paints India Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 22 May 2018.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
244,000
₹3.90
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
4,869,600
100% ₹77.91
IPO Shares Offered
Sirca Paints India Ltd. IPO total issue size: ₹77.91 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 244,000 ₹3.90
5.01%
Total 4,869,600 ₹77.91
100.00%
* Based on upper price band ₹160 per share
Lot Size & Investment
Lot Size
800
Shares per Lot
Issue Price
₹160.00
Upper Band
Min Investment
₹128,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)21,600₹256,000
Retail (Max — 13 Lots)1310,400₹1,664,000
S-HNI (Min — 14 Lots)1411,200₹1,792,000
B-HNI (Min — 68 Lots)6854,400₹8,704,000
* Issue Price ₹160 × Lot Size 800 shares
IPO Schedule
Anchor
15 May 2018
✓ Done
IPO Open
16 May 2018
✓ Done
IPO Close
22 May 2018
✓ Done
Allotment
28 May 2018
✓ Done
Refunds
29 May 2018
✓ Done
Demat Credit
29 May 2018
✓ Done
Listing Day
30 May 2018
✓ Done
Sirca Paints India Ltd. — Live Price LIVE
₹160.00
INR · NSE
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Issue ₹160.00 Live Price
About Sirca Paints India Ltd.
Incorporated in 2017, Delhi based Sirca Paints India Limited is a company engaged in marketing and trading/distributor of paints and allied products. It is the first Company to launch wood filler in India and opened its wholly owned branches in Mumbai and Chennai.Sirca procures the products majorly from SIRCA SPA ITALY through Import and sells them in India through its Distributors. In addition, the Company also procures the products (Thinner, Abrasives and Buffing Cream) from other suppliers based in India. Except for Thinner and Abrasives which are purchased from domesticsuppliers, all other 100% Purchases are made from Outside India and the products which are purchased from domestic suppliers and sold out in India Only.Sirca Paints has entered into a Distributorship Contract with SIRCA SPA ITALY wherein the Company got the Exclusive Right to promote the sale of PU & Metal Coating under the trademarkSIRCA in the territory of India, Sri Lanka, Bangladesh and Nepal with a minimum turnover of EURO 4,300,000 (Four Million three hundred thousand) and EURO 4,800,000 (Four million eight hundred thousand) to be achieved in the year 2018 and 2019 respectively. It has entered into a Manufacturing License Agreement with SIRCA S.P.A. Italy for manufacturing the following products in India, under the mark "SIRCA".- Paints NC;- Paints AC;- Thinner;- Polyurethane Products.The company has 128 employees on its payroll.
Objects of the Issue
1
1 To finance the expenditure of Site/Plant Development and Purchase of Plant and Machinery
2
2 To part finance working capital requirements of the Company;
3
3 To meet General corporate purposes
Sirca Paints India Ltd. Financials (Amount In Crore)
Revenue from Operations
₹697.7
31-Mar-15
₹726.6
31-Mar-16
₹843.4
31-Mar-17
Profit After Tax (PAT)
₹61.8
31-Mar-15
₹72.8
31-Mar-16
₹137.0
31-Mar-17
Particulars31-Mar-1731-Mar-1631-Mar-15
Revenue from Operations 843.42 726.61 697.69
EBITDA N/A N/A N/A
Profit After Tax (PAT) 137.03 72.76 61.79
Net Worth N/A N/A N/A
Total Assets 613.13 450.76 334.15
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered48,69,600 (100.00%)
Net Offer to Public46,25,600 shares (aggregating up to ₹74.01 Cr)
Reserved for Market Maker2,44,000 shares (aggregating up to ₹3.90 Cr)
Pre-Issue Promoter Holding1,34,00,000 shares
Post-Issue Promoter Holding1,82,69,600 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Navigant Corporate Advisors Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Sirca Paints India Ltd. IPO subscribed?

Sirca Paints India Ltd. IPO is subscribed 1.00 times by May 22, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Sirca Paints India Ltd. IPO retail subscription status?

The Sirca Paints India Ltd. IPO retail category is subscribed 1.00 times as of 22 May 2018. The retail portion is oversubscribed.

How to subscribe Sirca Paints India Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 16 May 2018 and closes 22 May 2018. Min investment: ₹128,000 (1 lot = 800 shares). UPI mandate: 2018-05-22.

How many times Sirca Paints India Ltd. IPO subscribed?

The Sirca Paints India Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sirca Paints India Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 28 May 2018. Refunds: on 29 May 2018.

When Sirca Paints India Ltd. IPO will be listed?

The Sirca Paints India Ltd. IPO listing date is 30 May 2018, Wednesday. Listed on: NSE SME. Issue price: ₹160. Estimated listing: ₹160. GMP: NIL.

When Sirca Paints India Ltd. IPO close?

The Sirca Paints India Ltd. IPO closes on 22 May 2018, Tuesday. UPI mandate: 2018-05-22. Allotment: 28 May 2018. Listing: 30 May 2018.