IPO Issue Details
Issue Price / Price Band₹10 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size21,70,000 shares (aggregating up to ₹2.17 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 31 Mar 2016
Subscription CloseTue, 05 Apr 2016
Anchor AllotmentWed, 30 Mar 2016
Basis of AllotmentMon, 11 Apr 2016
Initiation of RefundsTue, 12 Apr 2016
Credit of Shares to DematTue, 12 Apr 2016
Listing DateWed, 13 Apr 2016
UPI Mandate Deadline2016-04-05
Application & Investment Details
Retail — Min (1 Lots)₹1,00,000 — 10,000 shares
Retail — Max (13 Lots)₹1,300,000 (13 Lots)
HNI — Min (3 Lots)₹3,00,000 — 30,000 shares
Net Offer to Public20,60,000 shares (aggregating up to ₹2.06 Cr)
Reserved for Market Maker1,10,000 shares (aggregating up to ₹0.1100 Cr)
Pre-IPO Promoter Holding57,83,700 shares
Post-IPO Promoter Holding79,53,700 shares
About Sysco Industries Ltd.
Sysco Industries Ltd (SIL) that started manufacturing of films and yarns at the primary stage is now in printed laminates for flexible packaging segment. Thus it having two segments, textile industry and packaging industry. SIL products are marketed under the branch 'Sysco'. It caters to the needs of Textile, FMCG, Pharmaceuticals and Food Sector.
Objects of the Issue
Sysco Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital Requirement
1.76
Shareholding & Lock-in
Pre-IPO Promoter Holding
57,83,700 shares
Post-IPO Promoter Holding
79,53,700 shares