Your Result on : IPO Synopsis
Sorich Foils Ltd
Registered Office: Plot No 4802/1 Plastic Zone,GIDC Sarigam Tal Umbergaon, Valsad - 396155, Gujarat, India.
Phone : 91-260-2780670   Fax:
Email :  
Website :
Public issue of 25,00,000 equity shares of face value of (Rs) 10 each of Sorich Foils Limited ('sfl', "company" or the "issuer") for cash at a price of RS.16 per equity share ("issue price") including share premium of (Rs) 6 per equity share aggregating to (Rs) 4 CRORES ("THE ISSUE"), OF WHICH 2,00,000 EQUITY SHARES OF FACE VALUE OF (Rs) 10 each for a cash price of (Rs) 16 per equity share, aggregating to (Rs) 0.32 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 23,00,000 equity shares of face value of 10 each at an issue price of (Rs) 16 per equity share aggregating to (Rs) 3.68 Crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 30.00% and 27.60%, respectively of the fully diluted 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 1.6 times the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
24-May-18 28-May-18 16.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 8000   Further Multiples of : 8000
  (Rs.Cr) Lead Managers to the Issue
Project Cost 4.00 Saffron Capital Advisors Pvt Ltd
Project Financed through Current Offer 4.00  
Post Issue Equity Share Capital 8.33  
Issue Price 16.00  
Part Repayment/Prepayment of Unsecured Loan availed by the company General Corporate Purposes
Promoted By
Chandrahas Kotian
Listing At
Registrar to the Issue
Link Intime India Pvt Ltd
Risk Factor   |   Terms & Conditions   |   Privacy Policy   |   Disclaimer   |  Sitemap 
Important Links:   SEBI   |   NSE   |   BSE   |   MCX   |   NCDEX   |   NSDL   |   CDSL  |   FMC
GANESH S SHANBHAG--BSE SEBI No.INS010695018 / 01-10777 affiliated to ISS SEBI No. INB011077733
2017-18 © SMS Financial Services. All rights reserved. Designed, developed & powered by C-MOTS Infotech (ISO 9001:2015 certified)