IPO Journey
Sinda Ltd.
IPO Date: June 29, 2026 · 5 filings tracked
Final Offer Terms
Ticker
SIND
Exchange
New York Stock Exchange
Offer Price
$12.00
Shares Offered
17,750,000
Estimated Proceeds
$213.0M
Underwriters
Led by Morgan Stanley, Scotiabank
BMO Capital MarketsCanaccord GenuityCitigroupRBC Capital Markets
Filing Timeline
1
S-1
June 5, 2026
- Developing the high-potential Sinda Project in Durango, Mexico
- Backed by The Electrum Group, a specialist in natural resources
2
S-1/A
June 22, 2026
- Exploration focus on high-grade silver and gold deposits in Mexico
- Identified 135 mineral veins through initial mapping and sampling
Changes from previous filing
- ▸ Expected offer range: $11.25 – $13.25 per share
- ▸ Shares offered: 17,750,000
- ▸ Estimated proceeds: $199M
3
S-1/A
June 23, 2026
- Backed by The Electrum Group with a 30-year mining track record
- Strong institutional support from industry leaders Fresnillo plc and Franco-Nevada
4
S-1/A
June 24, 2026
- Large-scale silver and gold exploration project in Guanajuato, Mexico
- Estimated resource base of 385 million ounces of silver-equivalent
424B4
Final Pricing
June 29, 2026
- Pure-play silver mining focus targeting industrial demand for solar and AI
- Strategic location in Mexico’s Guanajuato Mining District with existing infrastructure
Changes from previous filing
- ▸ Price range removed
- ▸ Final offer price: $12.0 per share
- ▸ Estimated proceeds: $213M
- ▸ Underwriters: Morgan Stanley, Scotiabank, BMO Capital Markets, Canaccord Genuity, Citigroup, RBC Capital Markets
Disclaimer: AI-generated analysis for informational purposes only. Not financial advice. Always conduct your own research.