Tuesday, May 22, 2018

Sorich Foils IPO Dates, Price Band, Market Lot, Allotment & Subscription Details

Sorich Foils Ltd is incorporated in 2011 based in Gujarat. The company is a manufacturer and supplier of Aluminium Foils for Blisters, Strip Foils, Cold Forming Foils, Coated Glassine Paper, Laminated Glassine Paper, Aluminium Lid Foils, Flexible Packaging. The products used in Pharma, Food and FMCG industry. Sorich Foils ipo is starting from 24-May and ends on 28-May. The price band is around Rs.16 with 8000 market lot. The ipo size is around 4.00 crore rupees.

IPO Review:
  • Avoid
Sorich Foils IPO Dates & Price Band:
  • IPO Open: 24 May 2018
  • IPO Close: 28 May 2018
  • IPO Size: Approx Rs 04.00 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.18 Per Equity Share
  • Listing on: NSE SME
  • Shares: 2,500,000
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 8,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,28,000
IPO Allotment & Listing:
  • Basis of Allotment: 01-June-2018
  • Refunds: 04-June-2018
  • Credit to demat accounts: 05-June-2018
  • Listing: 06-June-2018
Sponsored Links

Financial Results:

  Rs. in Crore
Revenue Expense PAT
2014 22.86 22.56 0.20
2015 25.07 24.71 0.23
2016 26.90 26.60 0.19
2017 26.59 26.09 0.33
2018 (10M) 23.13 22.43 0.57

Grey Market Premium:
  • The grey market is around Rs.9000 Subject to Sauda.
Sorich Foils IPO Subscription Status:
  • IPO Subscribed 0.17 times overall
Sorich Foils IPO Allotment Status:
Company Promoters:
  • Chandrahas Kotian
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: sorich.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
IPO Lead Managers:
  • Saffron Capital Advisors Private Limited
Company Address:
Sorich Foils Limited
Plot No. 4802/1, Plastic Zone
GIDC, Sarigam, Tal: Umbergaon,
Dist: Valsad, Gujrat-396155
Phone: +91 260 2780670
Email: cs@sorichfoils.in
Website: http://www.sorichfoils.in 

Open FREE Demat Account

Trending IPOs