Sumit Woods Limited IPO
NSE SME₹ 258000 /6000 Shares
*Min Investment
29 Aug, 2018
Open Date31 Aug, 2018
Close Date06 Sep, 2018
Allotment Date10 Sep, 2018
Listing DateIPO Issue Details
- Issue Price Rs 43/- to Rs 45/- Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price Fresh Issue of 40,53,000 Equity Shares of Rs 10/- at a price of Rs 43/- to Rs 45/- per share aggregating to Rs 18.24 Cr
- Listing at NSE SME
- Lead Manager Mark Corporate Advisors Private Limited
- Registrar Bigshare Services Pvt. Ltd
IPO Details
- Retail Portion N/A
IPO Details
Sumit Woods Limited IPO is an SME IPO, priced at Rs 43/- to Rs 45/- Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Aug 29, 2018 to Aug 31, 2018. The allotment is expected to be finalized on Sep 6, 2018, and the tentative listing date is Sep 10, 2018.
The registrar of the IPO is Bigshare Services Pvt. Ltd , and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 19,17,000 | 19,17,000 | 38,34,000 |
Day 1 - 29-08-18 | 5,28,000 0.28 x | 66,000 0.03 x | 5,94,000 0.15 x |
Day 2 30-08-18 | 20,10,000 1.05 x | 2,16,000 0.11 x | 22,26,000 0.58 x |
Day 3 31-08-18 | 2,13,15,000 11.12 x | 31,14,000 1.62 x | 2,44,29,000 6.37 x |
Valuations
IPO - Issue Objectives
Meet the fund requirements for execution of our Ongoing and Forthcoming Projects and other workingcapital requirements.
To repay/prepay the secured loans.
Meet General Corporate Expenses.
Meet Public Issue Expenses.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Sumit Woods Limited | 1.00 | 8.89 | 15.65% | 34.33 |
| Ashiana Housing Limited | 1.97 | 31.01 | 6.37% | 306.37 |
| Arihant Superstructures Limited | 2.38 | 21.84 | 9.38% | 187.96 |
IPO - FAQs
Ans. Sumit Woods Limited IPO is a SME IPO. The issue is priced at Rs 43/- to Rs 45/- Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on Aug 29, 2018, and closes on Aug 31, 2018. Bigshare Services Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Sumit Woods Limited IPO opens on Aug 29, 2018 and closes on Aug 31, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Sumit Woods Limited IPO is Fresh Issue of 40,53,000 Equity Shares of Rs 10/- at a price of Rs 43/- to Rs 45/- per share aggregating to Rs 18.24 Cr.
Ans. The Sumit Woods Limited IPO price band is set between Rs 43/- to Rs 45/- Per Equity Share .
Ans. To apply for Sumit Woods Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Sumit Woods Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Sumit Woods Limited IPO is Sep 6, 2018.
Ans. The Sumit Woods Limited IPO will be listed on Sep 10, 2018.
Ans. Follow the steps to check the Sumit Woods Limited IPO allotment status online.
