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Sirca Paints India Ltd
Registered Office:
504 NDM-II Netaji SubhashPlace,Wazirpur Pitampura,
New Delhi - 110034,
Delhi, India.
Email :  NA
Public issue of fresh issue of 48,69,600* equity shares of face value of (Rs)10/- each fully paid up for cash at a price of (Rs) 160 /- per equity Share (the "issue price") (including a share premium of (Rs) 150 per equity shares) aggregating to (Rs) 77.91 Crores ("the issue"), of which 2,44,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs) 160 per equity share aggregating (Rs) 3.90 Crores will be reserved for subscription by market makers to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 46,25,600 equity shares of face value of (Rs)10/- each for cash at a price of (Rs) 160/- per equity share, aggregating (Rs) 74.01 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.65% and 25.32%, respectively of the post issue paid up equity share capital of the company. The face value of equity shares is (Rs)10 each. The issue price is (Rs)160 and is 16 times the face value of equity shares.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
16-May-18
22-May-18
160.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 800   Further Multiples of : 800
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
77.91
Navigant Corporate Advisors Ltd
Project Financed through Current Offer
77.91
 
Post Issue Equity Share Capital
18.27
 
Issue Price
160.00
 
Projects
To Finance the expenditure of Site Development & Purchase of Plant & Machinery
To part finance incremental Working Capital Requirements of the company
General Corporate Purposes
To Finance the expenditure of Site Development & Purchase of Plant & Machinery
To part finance incremental Working Capital requirements of the company
General corporate purpose
Promoted By
Sanjay Agarwal
Apoorv Agarwal
Gurjit Singh Bains
Sanjay Agarwal
Apoorv Agarwal
Gurjit Singh Bains
Listing At
NSE - SME
NSE - SME
Registrar to the Issue
Karvy Fintech Pvt Ltd
Karvy Fintech Pvt Ltd
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