Shish Industries Limited IPO
Shish Industries Ltd (SIL) is engaged in the manufacturing of Plastic Twin wall and Multiwall corrugated sheets.
They are manufacturing Safeguard and Staggard which are twin wall or Multi-Wall Boards made from Plastic resin bought from world’s best manufacturer. They manufacture mainly 1.3-meter width corrugated sheets ranging from 2mm to 5mm thickness and 1.6 meters ranging from 2mm to 12mm thickness. They also manufacture Plastic fluted boards which are available in various thicknesses and colours ranging from 1.5 mm to 15 mm depending upon the requirement of the client. The Plastic hollow sheet has advantages over craft paper and wood products that it is weather and chemical resistant and will typically last longer, giving long-term cost savings. Their products are available in basic colour i.e. Yellow, Silver, Blue, White, Black and Grey. However, as per the requirement of clients, the facility of customized colours is also provided for bulk orders.
They started exporting its products to various countries viz U.A.E, Myanmar and Oman and also enhance production capacity by installing additional machinery for manufacturing variety of products especially Polypropylene (PP) Corrugated Plastic Rolls which is an extruded 3ply and 5ply (GSM from 275GSM > 1000GSM) fluted PP corrugated plastic sheets consisting of two / multi-flat walls connected by vertical ribs. The plastic corrugated sheets are flexible and as well as tough, to use in various industries and application like Construction – Building, Humanitarian Relief, Signage Board, Pet enclosures Packaging, Hobby Applications, Medical, Advertisement etc.
Objects of the Shish Industries Limited IPO:
Shish Industries Limited IPO Details:
|Open Date:||Aug 23 2017|
|Close Date:||Aug 28 2017|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||4.06 Cr.|
|Lot Size:||4000 Shares|
|Issue Price:||₹ 30 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Sep 05 2017|