| Sirca Paints India Ltd |
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| Registered Office: Plot No 50 Phase-2,Badli Industrial Area,Delhi-110042, Delhi |
| Tel. No: |
| Fax No: |
| Email: admin@sircapaints.com |
| Website: www.sircapaints.com |
| 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-2018 | 22-May-2018 | ₹160.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 800 | Further Multiples of :800 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 77.91 | Navigant Corporate Advisors Ltd |
| Project Financed through Current Offer | 77.91 | Navigant Corporate Advisors Ltd |
| Post Issue Equity Share Capital | 18.27 | |
| Issue Price | 160.00 |
| Projects |
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| 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 |
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| Sanjay Agarwal |
| Apoorv Agarwal |
| Gurjit Singh Bains |
| Sanjay Agarwal |
| Apoorv Agarwal |
| Gurjit Singh Bains |
| Listing At |
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| NSE - SME |
| NSE - SME |
| Registrar To The Issue |
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