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Sorich Foils Ltd IPO (SFL IPO) Details

Sorich Foils Ltd IPO (SFL IPO) Details:

Sorich Foils Ltd was incorporated as ‘Sorich Foils Private Limited’ on January 19, 2011 under the Companies Act, 1956, with the Registrar of Companies, Ahmedabad, Gujarat. Pursuant to a special resolution of our Shareholders dated January 31, 2018, their Company was converted into a public limited company.

Established in the year 2011, their Company is an ISO 9001: 2015 certified company engaged in manufacturing and supplying a varied range of Aluminium Foils for Blister, Strip Foils, Cold Forming Foil, Coated Glassine Paper for Blister, Laminated Glassine Paper for Strip Pack, Child Resistant (CR) Foils, Aluminium Lid Foils, Triple Laminates, Flexible Packaging for Pharma & Food Industries, also FMCG packaging materials.

These products are manufactured using quality raw material, which is sourced from reliable vendors of the market. This range is designed & developed utilizing advanced machinery and latest technology in complete adherence with the industry laid norms and standards.

Objects of the Issue:

Company intend to utilize the Net Proceeds towards the following objects:

  1. Part Repayment / prepayment of Unsecured Loans availed by Company;
  2. General corporate purposes.
Sorich Foils Ltd IPO (SFL IPO) Details:
  1. Issue Open: May 24, 2018 – May 28, 2018
  2. Issue Type: Fixed Price Issue IPO
  3. Face Value: Rs 10 Per Equity Share
  4. Issue Size: 2,500,000 Equity Shares of Rs 10 aggregating up to Rs 4.00 Cr
  5. Issue Price: Rs 16 Per Equity Share
  6. Market Lot: 8000 Shares
  7. Minimum Order Quantity: 8000 Shares
  8. Listing At: NSE SME

* To Be Updated

Book Running Lead Manager:

SAFFRON CAPITAL ADVISORS PRIVATE LIMITED
605, 6th floor, Centre Point,
Andheri Kurla Road, J.B. Nagar, Andheri (East)
Mumbai – 400 059, Maharashtra, India.
Telephone: +91 22 4082 0914; Facsimile: +91 22 4082 0999;
E-mail: sme.ipos@saffronadvisor.com;
Investor grievance: investorgrievance@saffronadvisor.com;

REGISTRAR TO THE ISSUE:

LINK INTIME INDIA PRIVATE LIMITED
C 101, 247 Park, L.B.S.Marg, Vikhroli (West),
Mumbai – 400083;
Tel No.: +91 22 4918 6200; Fax No.: +91 22 4918 6195;
Email: sorich.ipo@linkintime.co.in;
Investor Grievance Id: sorich.ipo@linkintime.co.in;

Draft Red Herring Prospectus (DRHP) Of Sorich Foils Ltd IPO (SFL IPO):

Sorich Foils Ltd (SFL) IPO Prospectus

Red Herring Prospectus (RHP) Of Sorich Foils Ltd IPO (SFL IPO):

Sorich Foils Ltd (SFL) IPO Prospectus

Sorich Foils Ltd IPO (SFL IPO) Grey Market Premium (GMP):

Grey Market Premium (GMP) of Sorich Foils Ltd IPO (SFL IPO) is not active as of now.

How To Check Sorich Foils Ltd IPO (SFL IPO) Allotment Status:

To Check Sorich Foils Ltd (SFL) IPO Allotment Status : Click Here

  1. Select Sorich Foils Ltd IPO (SFL IPO) from the first drop Down Menu
  2. Provide your PAN Number.

Market Update:

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