IPO

Suyog Gurbaxani Funicular Ropeways Limited IPO

BSE SME

Listed On: Nov 16, 2021 at ₹ 45.45

₹ 270000 /6000 Shares
*Min Investment

Check Allotment

01 Nov, 2021

Open Date

08 Nov, 2021

Close Date

14 Nov, 2021

Allotment Date

16 Nov, 2021

Listing Date
IPO Issue Details
  • Issue Price ₹45 per equity share
  • Face Value ₹10 Per Equity Share 
  • Issue Price 6,555,000 Eq Shares of ₹10(aggregating up to ₹29.50 Cr)
  • Listing at BSE SME
  • List Price 45.45
  • Listing Date 2021-11-16
  • Lead Manager Aryaman Financial Services limited
  • Registrar KFintech Private Limited
IPO Details
  • Retail Portion N/A
IPO Documents
IPO Details


Suyog Gurbaxani Funicular Ropeways Limited IPO is an SME IPO, priced at ₹45 per equity share. The equity shares have a face value of ₹10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Nov 1, 2021 to Nov 8, 2021. The allotment is expected to be finalized on Nov 14, 2021, and the tentative listing date is Nov 16, 2021.


The registrar of the IPO is KFintech Private Limited, and

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IPO Subscription Analysis And Details
Retail
0.56x
Total
1.27x
As onQIB / NIIRetailTotal
Shares Offered / Reserved31,11,00031,11,00062,22,000
Day 1 01-11-21 06:00 PM
1.15 x0.06 x0.60 x
Day 2 02-11-21 06:00 PM
1.46 x0.12 x0.79 x
Day 3 03-11-21 06:00 PM
1.92 x0.18 x1.05 x
Day 4 08-11-21 06:00 PM
1.98 x0.56 x1.27 x
Valuations
Earnings Per Share (EPS) (3.19))/-
P/E Ratio (14.10))
RoNW (113.58))%
Net Asset Value (NAV) - Post Issue ₹6.76/-
Company Financials
In Crs.
In Cr.
31-Mar-2131-Mar-2031-Mar-19
Assets86.1988.7194.10
Revenue4.4713.197.90
Profit After Tax(7.93)(1.88)(3.48)
- Promoter(s)

Mr. Rajkumar Gurbaxani,

Mr. Omprakash Gurbaxani

Shivshankar Lature

Pre Issue Share Holding : 90.57%

Post Issue Share Holding : N/A%

IPO - Issue Objectives
1

Repayment of loans

2

Funding expenditure for general corporate purposes