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Shish Industries Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹30
Per Share
GMP
NIL
Grey Market
Est. Listing
₹30
Expected Price
Min. Application
₹240,000
2 lots × 4000 shares
IPO Issue Details
Issue Price / Price Band₹30 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size13,52,000 shares (aggregating up to ₹4.06 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 23 Aug 2017
Subscription CloseMon, 28 Aug 2017
Anchor AllotmentTue, 22 Aug 2017
Basis of AllotmentSun, 03 Sep 2017
Initiation of RefundsMon, 04 Sep 2017
Credit of Shares to DematMon, 04 Sep 2017
Listing DateTue, 05 Sep 2017
UPI Mandate Deadline2017-08-28
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 4,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 8,000 shares
Net Offer to Public12,80,000 shares (aggregating up to ₹3.84 Cr)
Reserved for Market Maker72,000 shares (aggregating up to ₹0.2160 Cr)
Pre-IPO Promoter Holding30,90,233 shares
Post-IPO Promoter Holding44,42,233 shares
About Shish Industries Ltd.

Incorporated in 2014, Shish Industried Ltd (SIL) is engaged in the manufacturing of Plastic Twin wall and Multi wall corrugated sheets.They are manufacturing Saffguard and Stagguard which are twin wall or Multi Wall Boards made from Plastic resin bought from world's best manufacturer. They manufacture mainly 1.3 meter width corrugated sheets ranging from 2mm to 5mm thickness and 1.6 meter ranging from 2mm to 12mm thickness. They also manufacture Plastic fluted boards which are availiable in various thicknesses and colors ranging from 1.5 mm to 15 mm depending upon the requirement of the client. The Plastic hollow sheet has advantages over craft paper and wood products that it is weather and chemical resistant and will typically last longer, giving long-term cost savings. Their products are available in basic colour i.e. Yellow, Siliver, Blue, White, Black and Grey. However, as per the requirement of clients the facility of customized colors is also provided for bulk orders.They started exporting its products to various countries viz U.A.E, Myanmar and Oman and also enhance production capacity by installing additional machinery for manufacturing variety of products especially Polypropylene (PP) Corrugated Plastic Rolls which is an extruded 3ply and 5ply (GSM from 275GSM > 1000GSM) fluted PP corrugated plastic sheets consisting of two / multi flat walls connected by vertical ribs. The plastic corrugated sheets are flexible and as well as tough, to use in various industries and application like Construction - Building, Humanitarian Relief, Signage Board, Pet enclosures Packaging, Hobby Applications, Medical, Advertisement etc.

Objects of the Issue

Shish Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
Capital Expenditure
2.01
2
Incremental Working Capital
0.74
3
General Corporate Purpose
0.95
4
Public Issue Expenses
0.36
Shareholding & Lock-in
Pre-IPO Promoter Holding 30,90,233 shares
Post-IPO Promoter Holding 44,42,233 shares
Check AllotmentCheck Status →
Shish Industries Ltd. — Live Price LIVE
₹30.00
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Issue ₹30.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹30
GMPNIL
Est. Listing₹30
Lot Size4,000 shares
Min Amount₹240,000
Listing Date05 Sep 2017
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹30
Listing Date05 Sep 2017
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 72,000 ₹0.22 Cr
TOTAL 1,352,000 100.00% ₹4.06 Cr
* Based on ₹30.00 (upper price band)
Lot Size & Investment Details
Lot Size
4,000
Shares
Issue Price
₹30.00
Per Share
Min Investment
₹120,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 4,000 ₹120,000
Retail (Max) 13 52,000 ₹1,560,000
sNII (Min) 14 56,000 ₹1,680,000
bNII (Min) 68 272,000 ₹8,160,000
Company Financials — Restated Consolidated (Amount in Rs Cr)
ParticularsFY 2024-25FY 2023-24FY 2022-23
Revenue from Operations N/A N/A N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) N/A N/A N/A
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Financial data will be published once the company files its DRHP/RHP with SEBI.
Key Ratios & Valuation
Issue Price ₹30
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Shish Industries Ltd.
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Survey No: 265/ 266, Block No: 290, Block No.290,B/1 Paiki 1 Pipodara Mangrol , Surat - Mangrol, Gujarat, 394110
Book Running Lead Managers
Corporate Capitalventures Pvt.Ltd.
Book Running Lead Manager (BRLM)