IPO Issue Details
Issue Price / Price Band₹18 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size8,000 Shares per Lot
Total Issue Size24,00,000 shares (aggregating up to ₹4.32 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 24 Feb 2014
Subscription CloseWed, 26 Feb 2014
Anchor AllotmentSun, 23 Feb 2014
Basis of AllotmentTue, 04 Mar 2014
Initiation of RefundsWed, 05 Mar 2014
Credit of Shares to DematWed, 05 Mar 2014
Listing DateWed, 12 Mar 2014
UPI Mandate Deadline2014-02-26
Application & Investment Details
Retail — Min (1 Lots)₹1,44,000 — 8,000 shares
Retail — Max (13 Lots)₹1,872,000 (13 Lots)
HNI — Min (2 Lots)₹2,88,000 — 16,000 shares
Net Offer to Public22,80,000 shares (aggregating up to ₹4.10 Cr)
Reserved for Market Maker1,20,000 shares (aggregating up to ₹0.2160 Cr)
Pre-IPO Promoter Holding61,70,000 shares
Post-IPO Promoter Holding85,70,000 shares
About Sanco Industries Ltd.
Incorporated in 1989, Sanco Industries Ltd is an ISO 9001:2008 certified company engaged in manufactures wide range of products such as Rigid PVC conduit pipes, PVC casing & capping, PVC/PP-R Plumbing Pipes, PVC Insulated Domestic Wires & Cables and Copper Wire Rod. Company's products are supplied to entities in the railways, telecom, agriculture, construction, and irrigation sector.Sanco Industries sells its varied range of products under various brand names such as "SATYAM" "VIKRANT", "MARSHALL", "SUPERPLAST" and "SANCO". Company's manufacturing facility of is located in Paonta Sahib, Himachal Pradesh.
Objects of the Issue
Sanco Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Capital Expenditure on Existing Manufacturing Capacity of PVC Pipes & Wire & Cable at Paonta Sahib, Himachal Pradesh
2
2 Civil Works For Installations of Machineries
0.17
3
3 Plant and Machinery, including spare parts & auxiliary equipments - Contingencies
3.45
Shareholding & Lock-in
Pre-IPO Promoter Holding
61,70,000 shares
Post-IPO Promoter Holding
85,70,000 shares