Siddhika Coatings Limited IPO Details

Siddhika Coatings IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

Siddhika Coatings IPO

About Siddhika Coatings

Siddhika Coatings Limited is a strategic channel partner in India for SK Kaken Ltd. (‘SKK’) and an authorised importer of its products through SKK Singapore Pte. Ltd. SKK is a renowned coatings and pigments manufacturer based in Japan. Having been associated with SKK for over 15 years, the company gained the reputation of being one of the well-known suppliers of their products in India.

SKK provide application services which include preparing and coating interior as well as exterior surfaces of civil structures using organic and inorganic architectural textured pigments and technical-grade functional coatings. In addition to apply and supply to majority of the clients, also provide technical support service alongwith supply of products wherein the experienced team provides technical know-how, guidance and equipments for paint/coatings application. Currently, SKK placed as one of the older marketers for SKK products and its specialist paint and application service providers in India.

Important Details – Siddhika Coatings

July 20, 2010The Company was incorporated as Siddhika Coatings Private Limited
October 30, 2019The Company was converted into a public limited company
January 14, 2020The Company name changed to Siddhika Coatings Limited

Objects of the Issue

  1. To part finance the Working Capital Requirements;
  2. General Corporate Purposes; and
  3. To meet Issue Expenses.

Siddhika Coatings IPO Price – Details

Public IssuePublic Issue of 8,24,000 Equity Shares (Including market maker portion of 42,000 shares)
Issue Period 24-Mar-2021 to 26-Mar-2021
Issue TypeFixed Price
IPO Price Band₹ 57
Face Value ₹ 10
Market Lot 2000 Equity Shares and in multiples thereof
Minimum Order Quantity 2000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Siddhika Coatings IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)

Siddhika Coatings IPO Lead Managers


Siddhika Coatings Registrar


Siddhika Coatings IPO Allotment Date, Listing Date and other Important Dates

Bid / Offer Opens on24-Mar-21
Bid / Offer Closes on26-Mar-21
Finalisation of Basis of Allotment01-Apr-21
Initiation of refunds 05-Apr-21
Credit of the Equity Shares06-Apr-21
Commencement of trading – Listing07-Apr-21

Siddhika Coatings IPO DRHP & RHP

Siddhika Coatings IPO – FAQS

When Siddhika Coatings IPO will open ?

The Siddhika Coatings IPO opens on Mar 24, 2021 and closes on Mar 26, 2021

What is the lot size of Siddhika Coatings IPO ?

Siddhika Coatings IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

What is the price band for Siddhika Coatings IPO ?

The Siddhika Coatings IPO price band at Rs.57

Who is the Registrar for Siddhika Coatings IPO ?

The Registrar is Skyline Financial Services Private Limited

How to apply in Siddhika Coatings IPO through UPI?

Check the step by step process here – Click here

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