|Issue Date||24 Mar 2021 - 26 Mar 2021|
|Issue Size||₹4.70 Cr|
|Market Lot||2000 Shares|
|Shares on Offer||824,000|
|Subject to Sauda||N/A|
They are India’s largest texture paint contract company in single brand segment. Siddhika is marketing & application partner for SK Kaken Ltd. Japan, having its headquarter based in New Delhi and more than 10 branches all over India including Mumbai, Bengaluru, Hyderabad & Kolkata. In association with SKK for more than 18 years, Siddhika has been a reputed name in the business of Architectural Coatings, Supplies & Application.
The company is managing more than 5 million sq. ft. of contract work annually with SKK Products. Their co-ordination team is headed by professionals having good experience in the business segment & SKK products. Their key expertise is to manage facade paint contracts & renovation jobs for building facades. With all infrastructure like RSP / Gondola, Scaffolding, Heavy duty tools & multiple team combinations with engineers & experienced facade workers along with 100% assurance on safety and compliance they are always in a better position to execute & manage delivery on normal as well as challenging facade contracts.
In renovation jobs which they call as TMS – Total Maintenance System, they do undertake jobs of full facade refurbishment starting from removal of stone / tile / existing facade coating & work from plaster repair to a complete solution with SKK Paints & Cemedine Sealants.
Their clientele on one vertical includes most of the prominent architects & developers along with many major institutions, IT Companies, Business Park Developers, Hospitality Leaders and on other vertical they work with Japanese Main Contractors who are prominent players in Indian construction market. Support of their clients keeps us going & they continuously thrive to maintain their relationship with existing clients to ensure value addition on their projects. They take proud in the fact that almost 70% of their business comes only from repeated clients year on year.
As a young enterprise they are proud of being leading paint contractor in India in single brand segment. They target to double their quantum of work in next 3 years with expansions on territorial grounds and product portfolio while following their policy of no conflicting products in same segment.
The company is committed to do business with single brand and a leading brand only for each product line & it has been their USP that they have created their own "Niche" in this business segment where they promote only those products which are global leaders in their own segment.
They Always Focus on — "Customer Satisfaction & Customer Retention".
Siddhika Business Applications Private Limited is the promoter of the company.
|Total Assets (In ₹ Millions)||2,302.13||2,054.86||1,535.18|
|Total Revenue (In ₹ Millions)||3,041.78||3,223.74||2,214.65|
|Profit After Tax (PAT) (In ₹ Millions)||295.86||351.14||256.44|
|Date & Time||QIB||NII||RII||Total|
|Day 1 - 24 Mar 2021|
|Day 2 - 25 Mar 2021|
|Day 3 - 26 Mar 2021|
Please click the link below to check the IPO allotment status.IPO Allotment Status
Siddhika Coatings Limited IPO will open on 24 Mar 2021 and close on 26 Mar 2021.
Siddhika Coatings Limited IPO will list on .
The offer price of Siddhika Coatings Limited IPO is ₹57.
The lot size of Siddhika Coatings Limited IPO is 2000.
The Grey Market Premium (GMP) price of Siddhika Coatings Limited IPO is Not Available at the moment.
The Kostak price of Siddhika Coatings Limited IPO is Not Available at the moment.
The Subject to Sauda price for Siddhika Coatings Limited IPO is Not Available at the moment.
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