Sirca Paints IPO Dates, Price Band, Market Lot, Allotment & Subscription Details

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Sirca Paints India Ltd is based in Delhi. The company is a marketer, trader and distributors of paints and allied products. They become first company who launched wood filler in India. They have their owned branches in Chennai and Mumbai. The company import products via SIRCA SPA ITALY. The sell products via distributors. The also have products like thinner, abrasives and buffing cream. They have exclusive rights to promote an sale of PU & Metal Coating under the trademark SIRCA in the territory of India, Sri Lanka, Bangladesh and Nepal. Sirca Paints ipo is starting from 16-May and ends on 22-May. The price band is around Rs.151-160 with 800 market lot. The ipo size is around 77.92 crore rupees.

IPO Review:

  • Avoid

Sirca Paints IPO Dates & Price Band:

  • IPO Open: 16 May 2018
  • IPO Close: 22 May 2018
  • IPO Size: Approx Rs 77.92 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.151-160 Per Equity Share
  • Listing on: NSE SME
  • Shares: 4,870,000
  • Retail Portion: 50%

IPO Market Lot:

  • Shares: Apply for 800 Shares (Minimum Lot Size)
  • Amount: Rs.1,28,000

IPO Allotment & Listing:

  • Basis of Allotment: 25-May-2018
  • Refunds: 28-May-2018
  • Credit to demat accounts: 29-May-2018
  • Listing: 30-May-2018
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Financial Results:

  Rs. in Crore

Grey Market Premium:

  • The grey market is around Rs.7500 Subject to Sauda.

Sirca Paints IPO Subscription Status:

  • IPO Subscribed 7.90 times overall

Sirca Paints IPO Allotment Status:

Company Promoters:

  • Mr Sanjay Agarwal
  • Mr Apoorv Agarwal
  • Mr Gurjit Singh Bains

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
IPO Lead Managers:

  • Navigant Corporate Advisors Ltd

Company Address:
Sirca Paints India Limited
504, NDM-II,
Netaji Subhash Place Wazirpur,
Pitampura, New Delhi-110034
Phone: + 91-11-42083083
Email: [email protected]

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