The SiS IPO date has been confirmed to have started on July 31, 2017 and ended on August 2, 2017.
Using an IPO, SiS is seeking to raise Rs 779.58 crore. Its price band is set at ₹805 to ₹815 per share and the minimum lot size for an application is 18 shares. The minimum amount of investment required by retail investors is ₹14,670.
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Bidding Dates
July 31-August 2
Price Range
₹805 to ₹815 per share
Face Value
₹10 per share
GMP
₹486.40
SiS IPO GMP
The SiS Limited IPO GMP is ₹486.40.
IPO Overview
The SiS IPO is a book-built offering for Rs 779.58 crore. The offering consists of a fresh issue of Rs 362.25 crore and an offer to sell 0.51 crore shares. Bidding for the SiS IPO began on July 31, 2017 and finished on August 2, 2017. On Monday, August 7, 2017, the allotment for the SiS IPO was completed. On August 10, 2017, the shares were listed on the BSE and NSE. The SiS IPO pricing range is $805 to $815 per share. An application requires a minimum lot size of 18 shares. Retail investors must make a minimum investment of $14,670.
Customers of SiS servers come from a variety of industries and sectors, including banking and financial services, IT/ITeS and telecom, automobile, steel and heavy industries, governmental undertakings, hospitality and real estate, utilities, educational institutions, healthcare, consumer goods, engineering, and construction. SIS Group has a presence in all 29 Indian states. They have joint ventures with affiliates of Prosegur Compaa de Seguridad, S.A. and Terminix International Company, L.P. (“Terminix“), a multi-national provider of termite and pest control services.
SiS IPO Details
| IPO Date | July 31, 2017 to August 2, 2017 |
| Listing Date | August 10, 2017 |
| Face Value | ₹10 per share |
| Price Band | ₹805 to ₹815 per share |
| Lot Size | 18 Shares |
| Total Issue Size | 9,565,404 shares (aggregating up to ₹779.58 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹362.25 Cr) |
| Offer for Sale | 5,120,619 shares of ₹10 (aggregating up to ₹[.] Cr) |
| Issue Type | Book-Built Issue IPO |
| Listing At | BSE, NSE |
SiS Company Company Financials
| Particulars | For the year/period ended (in Rs. Million) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 | ||
| Total Assets | 5,173.28 | 4,393.85 | 3,629.42 | 3,038.69 | 2,370.46 | |
| Total Revenue | 12,873.22 | 10,562.87 | 8,244.94 | 5,826.73 | 4,648.84 | |
| Profit After Tax | 339.08 | 246.38 | 332.15 | 298.93 | 110.53 | |
SiS IPO Timeline
| IPO Open Date | Monday, July 31, 2017 |
| IPO Close Date | Wednesday, August 2, 2017 |
| Basis of Allotment | Monday, August 7, 2017 |
| Initiation of Refunds | Tuesday, August 8, 2017 |
| Credit of Shares to Demat | Wednesday, August 9, 2017 |
| Listing Date | Thursday, August 10, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 2, 2017 |
Company Profile
Security and Intelligence Services (India) Limited, founded in 1985, offers private security and facility management services in India and Australia. They provide cash logistics, security services such as manned guarding, cash logistics, and electronic security, and facilities management services such as mechanised cleaning and pest and termite control.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | sis.ipo@linkintime.co.in |
| Website | linkintime.co.in |
Contact Details
| Name | Security and Intelligence Services (India) Ltd |
| Phone number | +91 612 226 6666 |
| Email ID | compliance@sisindia.com |
| Website | sisindia.com |
IPO Strenghts
- 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.
