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Monday, 29 January 2018

IPO of Sintercom India open :: Free stock tips

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Sintercom India Limited which is engaged in the business of manufacturing sintered metal automotive components of engines, announced date for its upcoming SME IPO in India. The issue will start from 5 Feb, 2018 and will close on 7 Feb, 2018. The total issue size is 65,46,000 equity shares.

The price band is Rs 63 to Rs 65 per equity share while offer size is Rs 42.55 crore. The face value of this public offer is 10 per share and will be listed on National Stock Exchange platform.

The minimum bid lot is 2000 equity shares and its multiples thereafter. The IPO of 65,46,000 equity shares consists of a fresh issue of 30,16,000 equity shares and an OFS upto 10,31,213 equity shares by Victora Stock Invest P. Ltd  and up to 24,98,787 equity shares by Maurill Industries Ltd.


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