Business Standard

Sip Technologies & Exports Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

26.44 cr

Price Range (₹)

235

Lot Size

50

Min Investment (₹)

11,750.00

Listing Exchange

BombayNSEMadras

Open Date

12-Jul-2000

Close Date

18-Jul-2000

Listing Date

-

Sip Technologies & Exports Ltd News

    Sip Technologies & Exports Ltd IPO Details

    Public issue of 12,50,000 Equity shares(issue) of Rs 10/- each at a price of Rs 235/- each aggregating Rs 29.38 cr and Offer for Sale by SIP Industries Ltd of 2,15,000 Equity Shares and by Bionics Equipments Pvt Ltd of 35,000 Equity Shares (Offerors) Rs 10/- each at a price of 235/- each aggregating Rs 5.88 cr.The Offer consists of a Bookbuilt portion of 11,25,000 Equity Shares (2,50,000 Equity Shares as Offer for Sale and 8,75,000 Equity Sharesas fresh issue ) and Fixed price portion of 3,75,000 Equity Shares.

    Objective of issue

    Sip Technologies & Exports Ltd Contact Details

    Sip Technologies & Exports Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

    Phone - 91-40-23312454/23320251

    Fax - 91-040-23311968

    Email -

    Website -