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Siddhika Coatings IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Chemical - Paint And Adhesives sector. Unistone Capital is the merchant banker of Siddhika Coatings IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th March 2021.
Siddhika Coatings IPO open date is 24th March 2021 and close date is 26th March 2021. IPO Allotment Date is 30th November -0001 and Listing date is 7th April 2021.
IPO
Size:
₹ 4.70 Cr.
Avg IPO Size (Sector Based)
: ₹
20.84 cr.
Sector: Chemical - Paint And Adhesives
SME
IPO so far:
6
Merchant Banker:
Unistone Capital
SME
IPO by BRLM so far:
15
City:
New Delhi
SME
IPO so far:
152
Revenue (annualised):
₹
12.28
cr. 
PE
Ratio:
44.19x
Average Sector PE Ratio: 22.50x
Siddhika Coatings IPO size is ₹ 4.70 Cr. with IPO price of ₹ 57.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Unistone Capital Private Limited is the book-running lead manager of the Siddhika Coatings IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Siddhika Coatings IPO.
Siddhika Coatings IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Siddhika Coatings IPO, based in New Delhi, operates in the Chemical - Paint And Adhesives sector with a focus on Manufacturer of renowned coatings and pigments. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Siddhika Coatings IPO size is ₹ 4.70 Cr. with fresh issue size of ₹ 4.70 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Siddhika Coatings IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Siddhika Coatings IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Siddhika Coatings IPO refund dates are 30th November -0001.
Siddhika Coatings IPO is expected to be listed on 7th April 2021.
The upper price band for the Siddhika Coatings IPO is set at ₹ 57.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Siddhika Coatings IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Siddhika Coatings IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 26th March 2021. After submission, funds are blocked until the basis of allotment of Siddhika Coatings IPO is finalised.
The merchant banker for Siddhika Coatings IPO is Unistone Capital Private Limited . Unistone Capital Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Siddhika Coatings IPO RHP for further details.
The registrar for Siddhika Coatings IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Siddhika Coatings IPO through their official website or helpline.
Siddhika Coatings IPO was subscribed 2.60 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 4.70 Cr.
Avg IPO Size (Sector Based)
:
₹ 20.84 Cr.
Sector: Chemical - Paint And Adhesives
SME
IPO so far:
6
Merchant Banker:
Unistone Capital
SME
IPO by BRLM so far:
15
City:
New Delhi
SME
IPO so far:
152
Revenue (annualised):
₹ 12.06 cr.
PE
Ratio:
44.19x
Average Sector PE Ratio: 22.50x
Siddhika Coatings IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Siddhika Coatings Financial Review Page
Merchant Banker(s) of Siddhika Coatings IPO: Unistone Capital Private Limited
Siddhika Coatings IPO subscription was 2.60 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Siddhika Coatings IPO listed at a listing price of 55.00 against the offer price of 57.00.
The current market price of Siddhika Coatings is 175.10.
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