Sorich Foils Limited IPO Details

Sorich Foils Limited was established in 2011, Sorich Foils Private Limited is 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 & develope d utilizing advanced machinery and latest technology in complete adherence with the industry laid norms and standards.

The offered range is appreciated among the clients for its features such as Water Vapor Resistance, Moisture & chemical barrier propertie s. These products are widely applicable in different industries such as Pharmaceutical Industries, FMCG packaging, Food and dairy industries, Confectionery / Chocolate industries & Personal Care Packaging. There is in house quality check department to chec k the entire range on different parameters to maintain its authenticity throughout the manufacturing process.

Sorich Foils Limited IPO Details
Issue Open	24-05-2018
Issue Close	28-05-2018
Allotment Date	01-06-2018
Unblocked Amount	04-06-2018
Listing Date	05-06-2018
Issue Share	25,00,000 Total Equity Share 2,00,000 Reserved by Market Maker 23,00,000 Equity Share
Issue Size	₹ 4.0 Cr
IPO Price Band	₹ 16
Minimum Share Bid	8000
Minimum Investment Amount [Rs]	₹ 1,28,000
Face Value	₹ 10
Retail Allocation	50%
Listing On	NSE SME

Sorich Foils Limited IPO Gray Market Value
Latest Update	27-05-2018 09:00 AM
Premium [Per Share] As Per Market View	-
Expected Listing Gain [Subject to Sauda]	9000

Sorich Foils Limited IPO Financial details [in Rs, Cr]
Financial Year	Total Revenue	Total Expenses	Profit After Tax
FY-2013	19.63	19.28	0.24
FY-2014	22.86	22.56	0.20
FY-2015	25.07	24.71	0.22
FY-2016	26.90	26.60	0.19
FY-2017	26.59	26.09	0.33
Jan-2018	23.13	22.43	0.57
-	-	-	-

Sorich Foils Limited IPO Valuation Details
Earnings Per Share [EPS]	₹ 3.29
Price/Earnings [P/E] Ratio	4.87
Return on Net Worth [RoNW]	11.22 %
Net Asset Value [NAV]	₹ 29.28 Per Share

Sorich Foils Limited IPO Subscription Details
As on Date	QIB/NII	RII	Total
Shared Offred	11,50,000	11,50,000	23,00,000
Day-1 [24-05-2018]	2,64,000 [0.23]	88,000 [0.08]	3,52,000 [0.15]
Day-2 [25-05-2018]	2,64,000 [0.23]	1,52,000 [0.13]	4,16,000 [0.18]
Day-3 [28-05-2018]	2,64,000 [0.23]	1,52,000 [0.13]	4,16,000 [0.18]
Day-4 [-]	-[-]	-[-]	-[-]

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Sorich Foils Limited IPO Recommendations
Live IPO Team Recommendation:- Neutral

Sorich Foils Limited IPO Contact Details
Sorich Foils Limited Plot No. 4802/1, Plastic Zone, GIDC, Sarigam, Tal: Umbergaon,  Dist: Valsad, Gujrat-396155 India Telephone:- +91 260 2780670 E-mail:- cs@sorichfoils.in Website:- www.sorichfoils.in

Registrar of Sorich Foils Limited IPO
Link Intime India Private Limited C-101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai 400 083, Maharashtra, India Telephone: +91 22 4918 6200 Facsimile: +91 22 4918 6195 E-mail: indostar.ipo@linkintime.co.in Investor grievance E-mail: indostar.ipo@linkintime.co.in Website: www.linkintime.co.in Contact Person: Shanti Gopalkrishnan SEBI Registration No.: INR000004058

Lead Managers of Sorich Foils Limited IPO

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 Website:- www.saffronadvisor.com Investor grievance: investorgrievance@saffronadvisor.com SEBI Registration Number: INM 000011211 Validity of Registration: Permanent Contact Person: Amit Wagle/Shikha Jain