Sikko Industries Limited Right Issue

₹49.39 Cr NSE 23 Dec 2024 – 21 Jan 2025

Closed Ratio: 3 : 10 NSE
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Issue Price
₹98.00
Face Value
₹10.00
Issue Size (Shares)
5,040,000
Issue Size (₹ Cr.)
₹49.39
📅 Right Issue Timetable
Last Date to Buy SharesThu, Dec 5, 2024
Record DateFri, Dec 6, 2024
Credit of Rights Entitlements
Bid/Offer Opens OnMon, Dec 23, 2024
Issue Open DateMon, Dec 23, 2024
Renunciation Last DateThu, Jan 2, 2025
Bid/Offer Closes OnTue, Jan 21, 2025
Issue Close DateTue, Jan 21, 2025
Deemed Date of AllotmentFri, Jan 17, 2025
Credit DateTue, Jan 21, 2025
Listing DateWed, Jan 22, 2025
📋 Right Issue Details
Issue Size (Shares)5,040,000
Issue Size (Amount)₹49.39 Cr.
Issue Price₹98.00 per share
Face Value₹10.00 per share
Entitlement Ratio3 : 10
Listing AtNSE
Terms of PaymentThe full amount of the Issue Price is payable on Application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-31FY I
Income64.7149.93
EBITDA
Net Worth27.8723.81
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Capital expenditure for purchase of Land, Building Construction and fabrication and Plant & Machineries
2To meet General corporate purposes
3Offer Related Expenses
🏢 About the Company
Incorporated in 2000, Sikko Industries Limited is engaged in manufacturing and supplying of diverse range of agrochemicals, pesticides, biopesticides, organic pesticides, etc.

The company plans to set up a manufacturing and trade of agricultural sprayers, spare parts, pesticides, fertilizers, seeds, pharmaceuticals, and agro commodities. It will also import, export, and deal in related products and services.

Products:

Organic Pesticide: Khanjar, Mite Win
Organic Fungicide:Fungi Plus, BIO-M-45
Organic Plant Growth Promoter:Maharathi, Jiraking
Seeds:Bajra,Moong
Fertilizers:Bhumi Star,NPK Fertilizer
The company is located on the outskirts of the Ahmedabad city on Sanand Highway and has good connectivity with different parts of the states.
📞 Company Contact
CompanySikko Industries Limited
Address508, Iscon Eligance,
Nr. Jain Temple Nr. Prahladnagar Pick up Stand,
Vejalpur, Ahmedabad 380051
Ahmedabad, Gujarat, 380051
Phone917966168950
Emailompliance@sikkoindia.com
WebsiteVisit ↗
📝 Registrar
NamePurva Sharegistry (India) Pvt.Ltd
Phone022-41343255
Emailnewissue@purvashare.com
WebsiteVisit ↗