Sintercom India IPO is set to make its debut on 5th feb 18 with 42.55 cr is engaged in the business of spinning of cotton yarn.
Sintercom India IPO – overview
| IPO Dates | 5-7 Feb 18 |
| IPO Price | INR 65 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 6,546,000 shares (INR 42.55 crore) |
| Minimum bid (lot size) | 2000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Company Overview
Incorporated in 2007, Sintercom India Limited is Pune-based Company engaged in the business of manufacturing sintered metal automotive components of engines, transmissions systems, body chassis and exhaust applications using sintering manufacturing processes. The products manufactured by the company are used in the commercial and passenger vehicles.
The main product line of the Company is the manufacturing of high strength structural sintered components for Engine and Transmissions.
Company mainly caters to the domestic Original Equipment manufacturers (OEM) buyers like Maruti Suzuki Limited, Mahindra & Mahindra Limited, Bajaj Auto Limited and Fiat India Automobiles Private Limited in automotive segment. The company has an in-house dedicated Research & Development team. The company has been developing new products in engines, transmission systems and body chasis for OEMs and Tier-1 customers.
Objects of the Issue
1. To finance expansion of production capacity at existing unit
2. Part repayment of secured and unsecured loan availed by the Company.
3. Funding the working capital requirements of the Company
4. General corporate purposes.
Company Contact Information
Sintercom India Limited
Gat No. 127, At Post Mangrul,
Taluka Maval, Talegaon Dabhade,
Pune 410 507
Phone: +91 2114 661200
Email: investor@sintercom.co.in
Website: http://www.sintercom.co.in/
Sintercom India IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: sintercom.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Sintercom India IPO Lead Manager(s)
Lead Manager Reports
