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Sirca Paints India Ltd. IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹160
Issue Price
₹160
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹160
GMP based
Lot Size
800
shares / lot
Min Amount
₹128,000
1 lot · 800 shares
Live Price
tap to chart
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
16 May 2018
Wed Completed
Done
Close Date
22 May 2018
Tue Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
30 May 2018
Wed Completed
UPI Deadline: 22 May 2018
Issue Details
Pricing & Size
Issue Price
₹160 Face ₹10
Lot Size
800 shares
Min Investment
₹128,000
Total Issue Size
48,69,600 shares (aggregating up to ₹77.91 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,44,000 (5.01%)
QIB Portion
22,98,400 (47.20%)
NII / HNI
6,99,200 (14.36%)
Retail
16,28,000 (33.43%)
Employee
-
Net Offer to Public
46,25,600 shares (aggregating up to ₹74.01 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,34,00,000 shares
Post-Issue Shareholding
1,82,69,600 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 800 ₹1,28,000
HNI / NII 2 1,600 ₹2,56,000
Objects of Issue
3 objectives
1
1 To finance the expenditure of Site/Plant Development and Purchase of Plant and Machinery
33.20 Cr
2
2 To part finance working capital requirements of the Company;
25.00 Cr
3
3 To meet General corporate purposes
13.99 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Navigant Corporate Advisors Ltd.
Market Maker
Bhaijee Portfolio Pvt.Ltd.
IPO Timeline
Open
16 May
✓ Done
Close
22 May
✓ Done
Allotment
TBA
Listing
30 May
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
einward.ris@karvy.com
Company Contact
Email
admin@sircapaints.com
Phone
+ 91-11-42083083
Address
504, NDM-II, Netaji Subhash Place Wazirpur, Pitampura, Pitampura, New Delhi, 110034
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹160
Est. Listing
₹160
Lot Size
800 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Sirca Paints India Ltd. LIVE
INR ·
vs Issue
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Mkt Cap
P/E
52W H
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| Price
Market Reference
IPO Issue Price
₹160
GMP
+₹0 (+0%)
GMP Est. Listing
₹160
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 22,98,400 (47.20%) ₹3,677.44 Cr
NII / HNI (Total) 6,99,200 (14.36%) ₹1,118.72 Cr
Retail Investors 16,28,000 (33.43%) ₹2,604.80 Cr
Total ** 48,69,600 (100.00%) ₹77,913.60 Cr
Market Maker * 2,44,000 (5.01%) ₹39.04 Cr
* Based on ₹160.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
22,98,400 (47.20%)
NII
6,99,200 (14.36%)
Retail
16,28,000 (33.43%)
Market Maker
2,44,000 (5.01%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount In Crore
Metric31-Mar-1731-Mar-1631-Mar-15
Revenue843.42726.61697.69
PAT137.0372.7661.79
EBITDA
Net Worth
Total Assets613.13450.76334.15
Reserves
Borrowings
About Sirca Paints India Ltd.

Incorporated in 2017, Delhi based Sirca Paints India Limited is a company engaged in marketing and trading/distributor of paints and allied products. It is the first Company to launch wood filler in India and opened its wholly owned branches in Mumbai and Chennai.

Sirca procures the products majorly from SIRCA SPA ITALY through Import and sells them in India through its Distributors. In addition, the Company also procures the products (Thinner, Abrasives and Buffing Cream) from other suppliers based in India. Except for Thinner and Abrasives which are purchased from domestic
suppliers, all other 100% Purchases are made from Outside India and the products which are purchased from domestic suppliers and sold out in India Only.

Sirca Paints has entered into a Distributorship Contract with SIRCA SPA ITALY wherein the Company got the Exclusive Right to promote the sale of PU & Metal Coating under the trademark
SIRCA in the territory of India, Sri Lanka, Bangladesh and Nepal with a minimum turnover of EURO 4,300,000 (Four Million three hundred thousand) and EURO 4,800,000 (Four million eight hundred thousand) to be achieved in the year 2018 and 2019 respectively. It has entered into a Manufacturing License Agreement with SIRCA S.P.A. Italy for manufacturing the following products in India, under the mark "SIRCA".
- Paints NC;
- Paints AC;
- Thinner;
- Polyurethane Products.

The company has 128 employees on its payroll.

Frequently Asked Questions
What is the issue price of Sirca Paints India Ltd. IPO?
The issue price of Sirca Paints India Ltd. IPO is ₹160 per share, face value ₹10.
What is the lot size?
Minimum lot size is 800 shares, requiring ₹128,000.
What are the IPO dates?
Opens 16 May 2018, closes 22 May 2018.
When is the listing date?
Tentative listing: 30 May 2018 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹160 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Sirca Paints India Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
30 May 2018
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹160
Face ₹10
Lot Size
800
shares / lot
Min Amount
₹128,000
1 lot
Est. Listing
₹160
GMP +₹0
Key Dates
Open
16 May Done
Close
22 May Done
Listing
30 May Done
Registrar
Kfin Technologies Ltd.
A
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