Sikko Industries Limited IPO
Sikko Industries Ltd (SIL) is engaged in manufacturing of Pesticides including organic Pesticides, Fertilizers including organic fertilizer, Spray Pump, and Organic Seeds. The company exports their products to South Africa, Lomo Togo, Srilanka, and Iran.
Sikko was initially engaged in the manufacturing of “Growth Promoters” and were used as supplements in agriculture by farmers. In the blanket of Growth Promoters, various products are sold namely Vakil, Diamond, Vasool, Biomono which are in a combination of granules and liquid form. In addition, a firm was engaged in assembling of different parts of Spray Pump having Inside and cylinder without bearing. The spray pumps are used by farmers in agriculture to spray pesticides. In the year 2008, the Company started pesticide unit. During the year 2011 to 2016 added more new products in its basket and also ventured into fertilizer production and started seed division. In addition to the manufacturing of pesticides and fertilizer, now SIL is in process of starting up of a new project of Bio CNG and BIO Fertilizer for which it has applied to UP State BioEnergy Development Board, Lucknow.
Objects of the Sikko Industries Limited IPO:
Sikko Industries Limited IPO Details:
|Open Date:||Apr 05 2017|
|Close Date:||Apr 07 2017|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||5.12 Cr.|
|Lot Size:||4000 Shares|
|Issue Price:||₹ 32 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Apr 18 2017|