We are selling shares of Sintex Plastics Technology which were demerged from Sintex Industries to unlock value. The stock will be listed in August 2017 (this month). There is no lock-in and shares can be sold on day of listing as well.
Sintex Plastics Technology is a leader in plastic products and comparable companies are Supreme Industries and Nilkamal Industries. Brokerages are expecting the stock to list near Rs 150.
Very limited quantity of shares are available on first cum first serve basis. Please call on 0810 823 4400 for more details or fill your details https://buysellunlistedshares.com/buysellunlistedsharesonline/
Sintex Plastic Technology This business have infra and plastic segment and two sub-business inside through subsidiaries –
- Custom Mouldings – Plastic and composite products moulded and fabricated across market segments such as aerospace & defense, automotive, electrical, mass transit, medical imaging etc.
- Building Products – Following are the sub-segment of Building Product: a) Prefab – Sintex makes prefabricated structures like classrooms, toilets, healthcare centres, sheds etc. b) Monolithic – Designs and constructs monolithic buildings in India to address mass and low cost housing requirements. c) Others (Retail) – Sintex manufactures a wide range of consumer focused retail products which include water storage tanks, cold storage facility, environment friendly products, sub-ground structures etc.
Post listing the stock is expected to perform well and ultimately head higher as recent reports indicate that Sintex Industries Ltd, the world’s largest maker of plastic water tanks, is in talks with private equity (PE) funds to sell a minority stake in its newly demerged entity—Sintex Plastics Technology Ltd.
TPG Capital, Blackstone Group LP and Carlyle Group have shown interest in the company and separate discussions are on to sell a minority stake worth $200 million (Rs 1,300 crore).