Suratwwala Business Group Limited
BSE SME₹ 240000 /16000 Shares
*Min Investment
03 Aug, 2020
Open Date05 Aug, 2020
Close Date11 Aug, 2020
Allotment Date13 Aug, 2020
Listing DateIPO Issue Details
- Issue Price Rs 15/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh Issue of 46,00,000 Equity Shares of Rs 10/- at price of Rs 15/- with aggregating up to Rs 6.90 Cr
- Listing at BSE SME
- Lead Manager Hem Securities Limited
- Registrar Link Intime India Private Limited
IPO Details
- Retail Portion N/A
IPO Documents
IPO Details
Suratwwala Business Group Limited is an SME IPO, priced at Rs 15/- Per Equity Share. The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Aug 3, 2020 to Aug 5, 2020. The allotment is expected to be finalized on Aug 11, 2020, and the tentative listing date is Aug 13, 2020.
The registrar of the IPO is Link Intime India Private Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 21,76,000 | 21,84,000 | 43,60,000 |
Day 1 03-08-20 | 20,08,000 0.92 x | 32,000 0.01 x | 20,40,000 0.47 x |
Day 2 04-08-20 | 35,52,000 1.63 x | 1,36,000 0.06 x | 36,88,000 0.85 x |
Day 3 05-08-20 | 51,12,000 2.35 x | 6,16,000 0.28 x | 57,28,000 1.31 x |
Valuations
IPO - Issue Objectives
To meet Working Capital requirements ( Rs 5.60 Cr )
General Corporate Purpose ( Rs 0.60 Cr )
Issue related expenses ( Rs 0.69 Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Suratwwala Business Group Limited | 1.24 | 80 | 2.31% | 10.88 |
| Ajmera Realty & Infra India Limited | 0.47 | 12.52 | 3.47% | 350.61 |
| Arihant Foundations & Housing Limited | 0.09 | 10.68 | 0.83% | 110.97 |
| Kolte Patil Developers Limited | 1.25 | 16.66 | 7.49% | 1176.46 |
| Puravankara Limited | 0.58 | 31.56 | 1.85% | 2187.26 |
IPO - FAQs
Ans. Suratwwala Business Group Limited is a SME IPO. The issue is priced at Rs 15/- Per Equity Share. The minimum order quantity is 8000 Shares. The IPO opens on Aug 3, 2020, and closes on Aug 5, 2020. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Suratwwala Business Group Limited opens on Aug 3, 2020 and closes on Aug 5, 2020.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Suratwwala Business Group Limited is Fresh Issue of 46,00,000 Equity Shares of Rs 10/- at price of Rs 15/- with aggregating up to Rs 6.90 Cr.
Ans. The Suratwwala Business Group Limited price band is set between Rs 15/- Per Equity Share.
Ans. To apply for Suratwwala Business Group Limited, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Suratwwala Business Group Limited 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 Suratwwala Business Group Limited is Aug 11, 2020.
Ans. The Suratwwala Business Group Limited will be listed on Aug 13, 2020.
Ans. Follow the steps to check the Suratwwala Business Group Limited allotment status online.
