Security and Intelligence Services India Limited - IPO

Security and Intelligence Services (India) Limited - IPO
Issue Open	Monday Jul 31, 2017 - Wednesday Aug 02, 2017.
Issue Price	Rs 805 - Rs 815 Per Equity Share
Market Lot	18 Shares
Minimum Order Quantity	18 Equity Shares @ in multiple thereafter
Issue Size	800 CR
Fresh Issue	Rs 362.25 Cr
Offer for Sale	5,120,619 Equity Shares
Face Value	Rs 10/- per share
Listing At	BSE, NSE
View Report	Click Here

Company Profile:

Incorporated in 1985, Security and Intelligence Services (India) Limited provides private security and facility management services in India and Australia. They offer cash logistics; security services, including manned guarding, cash logistics, and electronic security; and facility management services, such as mechanized cleaning, and pest and termite control services.

SIS servers customers that operate in various industries and sectors, which include banking and financial services, IT/ITeS and telecom, automobile, steel and heavy industries, governmental undertakings, hospitality and real estate, utilities, educational institutions, healthcare, consumer goods, engineering, and construction. SIS Group is present across all the 29 states in India. They have joint ventures with affiliates of Prosegur Compañía de Seguridad, S.A and Terminix International Company, L.P. (“Terminix”), a multi-national provider of termite and pest control services.

Company Promoters:

The promoters of the company are:

1. Ravindra Kishore Sinha; and.

2. Rituraj Kishore Sinha

Objects of the Issue:

1. Repayment and pre-payment of a portion of certain outstanding indebtedness availed by the Company.

2. Funding working capital requirements of the Company; and

3. General corporate purposes.

How To Apply in IPO: