Sanginita Chemicals Ltd IPO

Closed

Subscription Details

  • Open Date 01 Mar
  • Close Date 03 Mar
  • Lot Size 6000
  • IPO Size ₹ 10.05 Cr
  • IPO Price Range ₹ 22
  • Min Investment ₹ 132000

Sanginita Chemicals Ltd IPO Timeline

Open Date
01 Mar
Close Date
03 Mar
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 45,66,000 equity shares of Rs.10/- each of Sanginita Chemicals Ltd (SCL or the Company or the Issuer) for cash at a price of Rs.22 per equity share including a share premium of Rs.12 per equity share (the Issue Price) aggregating to Rs.10.05 Crores (The Issue), of which 2,34,000 equity shares of face value of Rs.10 each for cash at a price of Rs.22 per equity share including a share premium of Rs.12 per equity share aggregating to Rs.0.51 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The Issue les the market maker reservation portion i.e. Net issue of 43,32,000 equity shares of face value Rs.10 each cash at a price of Rs.22 per equity share aggregating to Rs.9.53 crores is herein after to as the Net Issue. The issue and the net issue will constitute 26.44% and 25.09%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each and the issue price is 2.2 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 Sanginita Chemicals Ltd IPO

Contact Information

Address

301 3rd Floor Shalin Complex,
Sector 11,
Gandhi Nagar, Gujarat 382011

Sanginita Chemicals Ltd IPO Lead Manager

Swastika Investmart Ltd
Open Demat Account