Sanco Industries Ltd IPO

Closed

Subscription Details

  • Open Date 24 Feb
  • Close Date 26 Feb
  • Lot Size 8000
  • IPO Size ₹ 4.32 Cr
  • IPO Price Range ₹ 18
  • Min Investment ₹ 144000

Sanco Industries Ltd IPO Timeline

Open Date
24 Feb
Close Date
26 Feb
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 24,00,000 equity shares of Rs. 10 each for cash at a price of Rs. 18.00 per equity share (including a share premium of Rs. 8.00 per equity share) aggregating to Rs. 4.32 crores (the issue) by the company, of which 1,20,000 equity shares aggregating to Rs. 0.22 crores will be reserved for subscription by market maker(s) to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 22,80,000 equity shares of Rs. 10 each aggregating to Rs. 4.10 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 28.00% and 26.60%, respectively of the post Issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- per equity share and the issue price is 1.8 times of the face value

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Sanco Industries Ltd IPO

Contact Information

Address

9/51 Bazar Gali,
Vishwas Nagar,
Delhi, Delhi 110032

Sanco Industries Ltd IPO Lead Manager

Keynote Corporate Services Ltd
Open Demat Account