The Sorich Foils date has been confirmed from May 24, 2018 and ended on May 25, 2018. Read the post to learn about Sorich Foils IPO GMP.
Sorich Foils Developers IPO is a fixed price issue of Rs 4.00 crores. The price is ₹16 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹128,000.
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Key Details Of Sorich Foils IPO
Bidding Dates
May 24-25
Price Range
₹16 per share
Face Value
₹10 per share
GMP
₹[.]
Sorich Foils IPO GMP
The Sorich Foils IPO GMP is ₹[.].
Sorich Foils IPO Overview
Sorich Foils IPO has a fixed price of Rs 4.00 crores. The Sorich Foils IPO auction began on May 24, 2018 and ended on May 25, 2018. The IPO price for Sorich Foils is ₹16 per share. The minimum lot size for an application is 8000 Shares.
The manufacturing facilities of the Company is currently located in Valsad, Gujrat. The company has 38 employees on its payroll. Retail investors must invest a minimum of 128,000.
Sorich Foils IPO Details
IPO Date | May 24, 2018 to May 25, 2018 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price | ₹16 per share |
Lot Size | 8000 Shares |
Total Issue Size | 2,500,000 shares (aggregating up to ₹4.00 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Market Maker portion | 200,000 shares |
Sorich Foils Company Financials
Particulars | For the year/period ended (in Rs. Lakhs) | |||||
---|---|---|---|---|---|---|
31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
Total Assets | 1,599.39 | 1,663.38 | 1,528.47 | 959.68 | 956.16 | |
Total Revenue | 2,659.08 | 2,689.88 | 2,506.66 | 2,285.93 | 1,963.30 | |
Profit After Tax | 32.85 | 18.86 | 22.48 | 20.37 | 23.96 |
Sorich Foils IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 8000 | ₹128,000 |
Retail (Max) | 1 | 8000 | ₹128,000 |
Company Profile
![Sorich Foils IPO](https://ipoupcoming.com/wp-content/uploads/2024/01/sorich.jpg)
Sorich Foils Private Limited, founded in 2011, is a Gujarat-based company that manufactures and supplies a wide range of Aluminium Foils for Blister, Strip Foils, Cold Forming Foil, Coated Glassine Paper for Blister, Laminated Glassine Paper for Strip Pack, Child Resistant (CR) Foils, Aluminium Lid Foils, Triple Laminates, Flexible Packaging for Pharma & Food Industries, as well as FMCG packaging materials. These goods are widely used in a variety of industries, including pharmaceuticals, FMCG packaging, food and dairy industries, confectionery and
chocolate industries, and personal care packaging.
Registrar Info
Name | Link Intime India Private Ltd |
Phone number | +91-22-4918 6270 |
Email ID | [email protected] |
Website | linkintime.co.in |
Contact Details
Name | Sorich Foils Limited |
Phone number | +91 260 2780670 |
Email ID | [email protected] |
Website | sorichfoils.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Sorich Foils IPO FAQs
When Sorich Foils IPO will open?
The Sorich Foils IPO opens on May 24, 2018 and closes on May 25, 2018.
What is the lot size of Sorich Foils IPO?
Sorich Foils IPO lot size is 8000 Shares, and the minimum amount required is ₹128,000.
When is Sorich Foils IPO allotment?
The finalization of Basis of Allotment for Sorich Foils IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
When is Sorich Foils IPO listing date?
The Sorich Foils IPO listing date is not yet announced. The tentative date of Sorich Foils IPO listing is [.].
![](https://ipoupcoming.com/wp-content/uploads/2024/04/Aluminum-Foil-Jumbo-Roll-Manufacturers-and-supplies.jpg)
![](https://ipoupcoming.com/wp-content/uploads/2024/04/Sorich-Foils-IPO-GMP-Review-Price-Allotment-Logo.jpg)
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