Sintercom India Limited IPO

Add to Calendar 2018-02-05 12:00 AM 2018-02-07 12:00 AM Asia/Kolkata Sintercom India Limited IPO Sintercom India Limited India

Introduction: Sintercom India Ltd. is one of fastest growing automotive sintered components manufacturer. Company deals in manufacturing sintered components for automotive engine, powertrain, exhaust systems and sensor components. Sintercom products are used both in the commercial as well as passenger vehicles. Company’s R&D team is focused on developing new products in engines, transmission systems and body chassis for automotive customers.

Date of Establishment: Sintercom located in Pune,India was established  in the year 2007

Product & Service Offering: Company’s basket of products include drivetrain gears, engine sprockets, pulleys, crankshaft bearing journals, transmission gears and synchro hubs, as well as ABS rings and Sensor Hego bosses and flanges.

Customer Segment: Sintercom majorly provides its manufacturing components to domestic players in the automotive sector such as Maruti Suzuki Limited, Mahindra & Mahindra Limited, Bajaj Auto Limited and Fiat India Automobiles Private Limited.

Promoters of Sintercom India Ltd: Company has both individual and corporate promoters. Mr. Jignesh Raval is the individual promoter and BRN Industries Limited and Miba Sinter Holding are corporate promoters.

Objects of the Issue: The aim of the proposal is both for the fresh issue by the company and selling of shares by existing shareholders. The objective of the issue is to fund the expansion of production capacity of an existing unit, repayment of company debt, avail cash for running day to day operations of the company and general corporate funding requirements.

Company Financials:

Summary of financial Information (Consolidated)


For the year/period ended (in Rs. million)








Total Assets







Total Revenue







Profit After Tax







Issue Detail

  • Issue Open: Feb 05, 2018
  • Issue Close: Feb 07, 2018
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 63 - Rs 65 Per Equity Share
  • Bid Lot:2000 Shares
  • Minimum Order Quantity:2000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 42.55 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 2,186,000 2,186,000 - 2,174,000 6,546,000
Day 1 - Feb 05, 2018IST 0 334,000 1,038,000 - - 1,374,000

Listing Day Trading Information

Issue Price - Rs 65.00
Open - Rs 78.00
Low - Rs 78.00
High - Rs 78.00
Last Trade - Rs 78.00
Volume - 72,000

Sintercom India Limited User Rating


Sintercom India Limited Life IPO Reviews

Sintercom India Limited IPO News & Updates

Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker


Start IPO Trading through SAMCO

Don't have a Trading Account !!!
Open an account with Samco and Do IPO Trading for Just Rs 20. For more details, share your contact details with us