Sintercom India Ltd IPO

Closed

Subscription Details

  • Open Date 05 Feb
  • Close Date 07 Feb
  • Lot Size 2000
  • IPO Size ₹ 42.55 Cr
  • IPO Price Range ₹ 65
  • Min Investment ₹ 130000

Sintercom India Ltd IPO Timeline

Open Date
05 Feb
Close Date
07 Feb
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public offer of upto 65,46,000 equity shares of face value of Rs. 10/- each (equity shares) of Sintercom India Limited (company or issuer) for cash at a price of Rs. 65 per equity share (including a share premium of Rs. 55 per equity share) aggregating upto Rs. 42.55 crores (the offer) consisting of a fresh issue of 30,16,000 equity shares agregating upto Rs. 42.55 crores (fresh issue) and an offer for sale of upto 35,30,000 equity shares including up to 10,31,213 equity shares by Victora Stock-Invest Private Limited and upto 24,98,787 equity shares by Maurill Industries Limited (the selling shareholders) aggregating upto Rs. 22.95 crores (offer for sale). The offer includes a reservation of upto 50,000 equity shares of face value Rs. 10/- each at a price of Rs. 65 per equity share aggregating to Rs. 0.33 crores for subscription by eligible employees (employee reservation portion) and reservation of upto 3,34,000 equity shares of face value Rs. 10/- each at a price of Rs. 65 per equity share aggregating Rs. 2.17 crores for subscription by the market maker to the offer (the market maker reservation portion). The offer less employee reservation portion and market maker reservation portion i.e. Net offer of 61,62,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 65/- per equity share, aggregating Rs. 40.05 crores is hereinafter refered to as the net offer. The offer and the net offer will constitute 27.07 and 25.45% respectively of the post offer paid up equity share capital of the company. The offer price: Rs.65 per equity share of face value of Rs.10 each. The offer price is 6.5 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 Sintercom India Ltd IPO

Contact Information

Address

Gat No. 127 At Post Mangrul,
Taluka Maval Talegaon Dabhade,
Pune, Maharashtra 410507

Sintercom India Ltd IPO Lead Manager

Pantomath Capital Advisors Pvt Ltd
Open Demat Account