HSL Mobile App Sintercom India LTD IPO
Incorporated in 2007, Sintercom India Limited is a 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 is manufacturing of high strength structural sintered components of Engine and Transmissions.
The 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. It has an in-house dedicated Research & Development team. It has been developing new products in engines, transmission systems and body chasis for OEMs and Tier-I customers.
Sintercom India LTD SME IPO Issue Details
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Sintercom India Limited - SME IPO |
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| Issue Open |
Feb 05, 2018 - Feb 07, 2018. |
| Issue Price | Rs.63 - Rs.65 Per Equity Share |
| Market Lot | 2000 Shares |
| Minimum Order Quantity | 2000 Shares |
| Issue Size | 6,546,000 Equity Shares of Rs 10 aggregating up to Rs 42.55 cr |
| Fresh Issue | 3,016,000 Equity Shares of Rs 10 aggregating up to Rs [.] cr |
| Offer for Sale | 3,530,000 Equity Shares of Rs 10 aggregating up to Rs [.] cr |
| Face Value | Rs 10/- |
| Listing At | NSE SME |
Company Promoters:
Mr. Jignesh Raval, aged 47 years, is the individual promoter of the company BRN Industries Limited and Miba Sinter Holding are the corporate promoters of the company.
Objects of Sintercom India Limited - SME IPO Issue:
The offer comprises of Fresh Issue by the company and an Offer for Sale by the selling shareholders.
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