Sikko Ipo Allotment Status

Sikko ipo allotment status

Sikko ipo allotment status


Sikko Industries IPO

Sikko Industries is engaged in manufacturing of Pesticides including organic Pesticides, Fertilizers including organic fertilizer, Spray Pump and Organic Seeds.

In the year 2000, the company was incorporated as Sikko Sprayers Private Limited. The company acquired Sikko Sprayers & Exports Co., proprietorship concern of Mr.

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Pravinbhai M. Kumbhani in the year 2000 and consequent to which entire assets-liabilities including outstanding creditors of the said proprietorship concern were taken over by Sikko Sprayers Private Limited.

In the year 2001-2002, various products were added to its basket namely Zinc Plus ―Nutrient Fertilizer‖, Sikko Zyme ―Growth Plant Promoter‖, Sikko Tone- Micro Nurtinent Liquid.

Sikko ipo allotment status

In the year 2001-2005, the company started manufacturing of NEEMOX (Neem Oil- Pest Repellent), BIO M-45 (Organic Fungus Repellent).

In the year 2008, the company started pesticide unit.

Sikko ipo allotment status

Sikko Industries also started fertilizer unit on March 30, 2011. This has improved its top line.

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The Company also started seed division and added more products to its existing portfolio:

In addition to manufacturing of pesticides and fertilizer, the company is in process of starting up of new project of Bio CNG and BIO Fertilizer for which it has made an application with UP State Bio Energy Development Board, Lucknow.

Promoters of Sikko Industries – Ghanshyambhai Kumbhani and Jayantibhai Kumbhani

Sikko Industries IPO details

Subscription Dates5 – 7 Apr 2017
IPO Price bandINR32 per share
Fresh issue 1,600,000 shares (INR5.12 crore)
Offer for sale Nil
Total IPO size1,600,000 shares (INR5.12 crore)
Minimum bid (lot size)4,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge platform


Sikko Industries’ financial performance (in INR crore)

FY2012FY2013FY2014FY2015FY20167M FY2017
Total revenue13.68.611.211.421.313.0
Total expenses12.37.29.311.521.412.1
Profit after tax0.51.21.3-0.1-0.10.6

Subscription (no.

of times)

Day 1 1.01
Day 23.11
Day 312.40

Sikko Industries Limited
508, Iscon Elegance, Nr.

Sikko ipo allotment status

Jain Temple, Nr. Prahladnagar Pick up Stand
Vejalpur, Ahmedabad – 380 051

Phone: +91 79 6616 8950
Email:[email protected]

Earnings Per Share (EPS): -INR0.13

Price/Earnings (P/E) ratio: NA

Return on Net Worth (RONW): NA

Net Asset Value (NAV): INR13.38 per share

Purva Sharegistry India Private Limited
Unit no.

9, Shiv Shakti Industrial Estate,
JR Boricha Marg, Lower Parel (E)
Mumbai – 400 011

Phone: +91 22 2301 6761
Fax: +91 22 2301 2517
Email: [email protected]

Sikko Industries IPO allotment status is now available on Purva Sharegistry’s website.

You can check IPO allotment status at this link

IPO Opening Date: 5 April 2017

IPO Closing Date: 7 April 2017

Finalisation of Basis of Allotment: 12 April 2017

Initiation of refunds: 13 April 2017

Transfer of shares to demat accounts: 17 April 2017

Listing Date: 18 April 2017

Listing Price on NSE SME: INR34.4 per share (up 7.5% over IPO price)

Closing Price on NSE SME: INR35.5 per share (up 10.9% over IPO price)

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