Sheetal Cool Products IPO is going to hit the market on 16 October, Monday. Sheetal Cool Products is based in Amreli, Gujarat and it was incorported in 2000. They are involved in production of milk products, snacks and bakery items. The product includes milk products, ice-cream, mango ras, lassi, curd, flavoured milk, wafers, namkeen, fryums and bakery products under Sheetal. The company has good growth as the profit is around 2.1 crore is good while revenues is around 150 crores. Lets see how it will perform.
IPO Review:
Company Promoters:
Red Herring Prospectus
IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: einward.ris@karvy.com
Website: http://karisma.karvy.com
IPO Lead Managers:
Sheetal Cool Products Ltd
G I D C, Plot No. 78-79-80,
Amreli 36560
Phone: +91 79-26421701
Email: cssheetal9@gmail.com
Website: http://www.sheetalicecream.com/
IPO Review:
- Apply for Listing Gain
- IPO Open: 16 October 2017
- IPO Close: 18 October 2017
- IPO Size: Approx Rs 24 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs 80 Per Equity Share
- Listing on: BSE SME
- Shares: 30,00,000
- Retail Portion: 50%
- Shares: Apply for 1,600 Shares (Minimum Lot Size)
- Amount: Rs.1,28,000
- The grey market is around Rs.10000 to 15000 Subject to Sauda.
Company Promoters:
- Bhupatbhai D Bhuva
- Dinesh Kumar D Bhuva
- Sanjay D Bhuva
- Naynaben B Bhuva
- Kajalben D Bhuva
- Asmitaben S Bhuva
Red Herring Prospectus
IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: einward.ris@karvy.com
Website: http://karisma.karvy.com
IPO Lead Managers:
- Guiness Corporate Advisors Pvt Ltd
Sheetal Cool Products Ltd
G I D C, Plot No. 78-79-80,
Amreli 36560
Phone: +91 79-26421701
Email: cssheetal9@gmail.com
Website: http://www.sheetalicecream.com/