Sorich Foils Limited Profile:

Sorich Foils Limited incorporated in 2011 located in Gujarat’s Industrial Hub (GIDC), Sarigam in Gujarat state. Sorich Foils Limited introduce their selves as one of the fastest upcoming convertors of Pharma Packaging and Flexible Packaging Materials. Sorich Foils Limited strive to be strategic partners of their customers through innovation in Aluminium foil packs and flexible packaging.

Sorich Foils Limited manufacturing and supplying a varied range of Aluminium Foils for Blister Pack, Strip Pack, CR Foils, Lid Aluminum Foil, Confectionery Packaging, FMCG Packaging Materials, Preformed Pouches, Holographic Products. This range is designed and developed make use of advanced machinery and most recent technology in complete devotion with the industry laid norms and standards. In Sorich Foils Limited there is a house quality check department to check the entire range on different parameters to maintain its authenticity all the way through the manufacturing process.

The Sorich Foils Limited commitment at Sorich is to cater the need and expectations of quality conscious customers. Target is to establish a long-lasting partnership in business understanding and relations.

Sorich Foils Limited Promoters:

The company is promoted by Chandrahas Kotian.

Sorich Foils Limited IPO details:

Symbol: SORICH

Issue Size: The Public issue of 25,00,000 Equity Shares (including Market Maker reservation portion of 2,00,000 equity shares)

Face Value: Rs.10

Price Range: Rs.16

Issue Type: Fixed Price

Bid Lot: 8,000 Equity Shares and in multiples thereof

Minimum Order Quantity: 8,000 Equity Shares

Registrar: Link Intime India Private Limited

Issue Period: 24-May-2018 to 28-May-2018

Maximum Subscription Amount for Retail Investor: Rs.2,00,000

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Listing at: NSE SME

Financials of the Sorich Foils Limited:

Sorich Foils’ consolidated financial performance (in INR lakh)
	FY2013	FY2014	FY2015	FY2016	FY2017	10M FY2018
Total revenue	1,963.3	2,285.9	2,506.7	2,689.9	2,659.1	2,313.4
Total expenses	1,928.2	2,255.8	2,471.3	2,659.6	2,609.2	2,242.9
Profit after tax	24.0	20.4	22.5	18.9	32.9	57.4

 

Sorich Foils Limited Allotment Status:

Sorich Foils Limited IPO Allotment Date: N/A

Sorich Foils Limited IPO Listing Date:N/A

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