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Open
5 Apr 2017
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Close
7 Apr 2017
3
Allotment
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Listing
Tue, Apr 18, 2017
Price Band
₹32 per share
Issue Size
16,00,000 shares (agg. up to ₹5 Cr)
Lot Size
4,000 Shares
Listing Date
Tue, Apr 18, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 12.50x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Oct 2016 | 31 Mar 2016 | 31 Mar 2015 | 31 Mar 2014 |
|---|---|---|---|---|
| Assets | 26.42 | 21.50 | 15.23 | 15.15 |
| Total Income | 13.01 | 21.35 | 11.42 | 11.19 |
| Profit After Tax | 0.61 | -0.05 | -0.03 | 1.29 |
| NET Worth | 5.97 | 5.35 | 5.41 | 5.47 |
| Reserves and Surplus | 3.97 | 3.35 | 3.41 | 3.47 |
| Total Borrowing | 5.97 | 4.77 | 3.93 | 4.54 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 3.52 |
| 2 | General Corporate Purpose | 1.25 |
| 3 | Public Issue Expenses | 0.35 |
About Sikko Industries IPO
Incorporated in 1997, Sikko Industries Ltd (SIL) is engaged in manufacturing of Pesticides including organic Pesticides, Fertilizers including organic fertilizer, Spray Pump andOrganic Seeds. Company export their products to South Africa, Lomo Togo, Srilanka and Iran.Sikko was initially engaged in the manufacturing of "Growth Promoters" and were used as supplements in agriculture by farmers. In the blanket of Growth Promoters various products are sold namely Vakil, Diamond, Vasool, Biomono which are in combination of granules and liquid form. In addition, firm was engaged in assembling of different parts of Spray Pump having Inside and cylinder without bearing. The spray pumps are used by farmers in agriculture to sprey pesticides. In the year 2008 the Company started pesticide unit. During the year 2011 to 2016 added more new products in its basket and also ventured into fertilizer production and started seed division. In addition to manufacturing of pesticides and fertilizer, now SIL is in process of starting up of new project of Bio CNG and BIO Fertilizer for which it has applied to UP State Bio Energy Development Board, Lucknow.+ Read More
Contact Details
Sikko Industries Ltd. Address508, Iscon Elegance, Nr.Jain TempleNr.Prahladnagar Pick up StandVejalpurAhmedabad, Gujarat, 380051+91-79-6616 8950compliance@sikkoindia.comVisit Website