Shrenik Limited IPO
Shrenik Ltd is (SL) primarily engaged in the business of trading of different types of papers in Gujarat and Rajasthan through the distribution channel. They offer coated papers, notebook papers, photocopy papers, folding box boards, etc.
The company serves customers with a variety of papers like copier, maplitho, coated paper, FBB Board and a speciality paper commodity royal executive bond. Besides being a wholesaler they have also introduces its own brand Shrenik covering copier, sticker sheet etc. Its customer base in Gujarat and Rajasthan is around 3000 plus. They are also a wholesaler for Tamil Nadu Newsprint and Papers Ltd in Gujarat and for Asia Pulp in Gujarat and Rajasthan. Its sticker sheets are used in soap and pharma industries, and stationery business.
Objects of the Shrenik Limited IPO:
Shrenik Limited IPO Details:
|Open Date:||Jul 06 2017|
|Close Date:||Jul 10 2017|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||21.60 Cr.|
|Lot Size:||3000 Shares|
|Issue Price:||₹ 40 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Jul 18 2017|