Suich Industries Ltd IPO

Closed

Subscription Details

  • Open Date 30 May
  • Close Date 04 Jun
  • Lot Size 1600
  • IPO Size ₹ 30.86 Cr
  • IPO Price Range ₹ 75
  • Min Investment ₹ 120000

Suich Industries Ltd IPO Timeline

Open Date
30 May
Close Date
04 Jun
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public offer of 41,15,200 equity shares of face value of Rs. 10 each (equity shares) of Suich Industries Limited (company or issuer) for cash at a price of Rs. 75 per equity share (including a share premium of Rs. 65 per equity share) aggregating Rs. 30.86 Crores (the issue). The issue includes a reservation of 2,08,000 equity shares of face value Rs. 10 each at a price of Rs. 75 per equity share aggregating Rs. 1.56 Crores for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Net issue of 39,07,200 equity shares of face value of Rs. 10 each for cash at a price of Rs. 75 per equity share, aggregating Rs. 29.30 Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 27.00% and 25.63% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs.10 each. The Issue Price is Rs.75 per equity share and is 7.5 times the face value of the equity share.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Suich Industries Ltd IPO

Contact Information

Address

PNo 68 3rdFlr Block No 5 W E A,
Naiwala Karol Bagh,
New Delhi, New Delhi 110005

Suich Industries Ltd IPO Lead Manager

Pantomath Capital Advisors Pvt Ltd
Open Demat Account