| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹4.70 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹4.70 Cr |
| Fresh Issue | ₹4.46 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹57.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | SIDDHIKA |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers | Unistone Capital Pvt.Ltd. |
| Allotment Status | |
| DRHP |
| RHP |
| Final Prospectus |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Incorporated in 2010, Siddhika Coatings Ltd is a key supplier of SK Kaken Ltd (SKK) products and its specialist paint in India. SKK is a Japan-based coatings and pigments manufacturer, and being a strategic channel partner of SKK, Siddhika Coatings Ltd is engaged in the business of supplying Architectural Coatings Supplies & Applications in India. The firm also offers application services like coating interior as well as exterior surfaces of civil structures using organic and inorganic architectural pigments and technical-grade functional coatings.
It supplies products to real estate developers, government and private entities i.e. IT companies, hospitality leaders, business park developers, and various eminent architects in India. It has successfully completed 160+ projects across 11 states in India over the last 3 calendar years. It is serving its customers through its branches in 11 states of India i.e. Delhi, Haryana, Uttar Pradesh, Rajasthan, Himachal Pradesh, Karnataka, Tamil Nadu, Telangana, West Bengal, Gujarat, and Maharashtra.
Competitive strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 3.31 |
| 2 | General Corporate Purposes | 0.99 |
| 3 | Issue Expenses | 0.40 |
| Period Ended | 31 Dec 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 21.42 | 23.02 | 20.55 | 15.35 |
| Total Income | 6.15 | 30.42 | 32.24 | 22.15 |
| Profit After Tax | 0.20 | 2.96 | 3.51 | 2.56 |
| EBITDA | 0.33 | 4.26 | 5.01 | 3.66 |
| NET Worth | 17.19 | 16.99 | 14.57 | 11.47 |
| Reserves and Surplus | 14.92 | 14.72 | 14.35 | 11.25 |
| Total Borrowing | 0.33 | 0.33 | 0.33 | 0.26 |
| Amount in ₹ Crore | ||||
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Underwriting commission, brokerage and selling commission (including Commission/ processing fees for SCSBs, Sponsor Bank, Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.03 |
| 2 | Issue relating expenses such as fees to Lead manager Fixed Fee, Registrar to the Issue Legal Advisors, Auditors, Consultants, Paper Advertisements and other expenses incurred/ to be incurred including promotional expenses | 0.32 |
| 3 | Listing fees, Stock Exchange processing/ listing fees, software fees, Depositories’ fees and other regulatory expenses | 0.05 |
Last Updated on 17-Jul-2026 11:43:57