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Open
24 Mar 2021
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Close
26 Mar 2021
3
Allotment
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Listing
Wed, Apr 7, 2021
Price Band
₹57 per share
Issue Size
8,24,000 shares (agg. up to ₹5 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Apr 7, 2021
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.38x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 21.42 | 23.02 | 20.55 | 15.35 |
| Total Income | 6.15 | 30.42 | 32.24 | 22.15 |
| Profit After Tax | 0.20 | 2.96 | 3.51 | 2.56 |
| EBITDA | 0.33 | 4.26 | 5.01 | 3.66 |
| NET Worth | 17.19 | 16.99 | 14.57 | 11.47 |
| Reserves and Surplus | 14.92 | 14.72 | 14.35 | 11.25 |
| Total Borrowing | 0.33 | 0.33 | 0.33 | 0.26 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Indigo Paints Ltd. | Mainboard | ₹1,169.12 Cr | ₹1490 | null | ₹3,117.15 | +109.20% | ₹1,064.80 (-1.67%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 3.31 |
| 2 | General Corporate Purposes | 0.99 |
| 3 | Issue Expenses | 0.40 |
About Siddhika Coatings IPO
Incorporated in 2010, Siddhika Coatings Ltd is a key supplier of SK Kaken Ltd (SKK) products and its specialist paint in India. SKK is a Japan-based coatings and pigments manufacturer, and being a strategic channel partner of SKK, Siddhika Coatings Ltd is engaged in the business of supplying Architectural Coatings Supplies & Applications in India. The firm also offers application services like coating interior as well as exterior surfaces of civil structures using organic and inorganic architectural pigments and technical-grade functional coatings. It supplies products to real estate developers, government and private entities i.e. IT companies, hospitality leaders, business park developers, and various eminent architects in India. It has successfully completed 160+ projects across 11 states in India over the last 3 calendar years. It is serving its customers through its branches in 11 states of India i.e. Delhi, Haryana, Uttar Pradesh, Rajasthan, Himachal Pradesh, Karnataka, Tamil Nadu, Telangana, West Bengal, Gujarat, and Maharashtra. Competitive strengths India's largest texture paint contract company of SKK brand. High-quality assurance. Experienced promoters and managers. Stro
Contact Details
Siddhika Coatings Ltd. AddressL-9, Lower Ground Floor KalkajiDelhi, New Delhi, 110019+(91)-(11)-41601441secretarial@siddhika.comVisit Website