Sumit Woods Ltd IPO

Closed

Subscription Details

  • Open Date 29 Aug
  • Close Date 31 Aug
  • Lot Size 3000
  • IPO Size ₹ 18.24 Cr
  • IPO Price Range ₹ 45
  • Min Investment ₹ 135000

Sumit Woods Ltd IPO Timeline

Open Date
29 Aug
Close Date
31 Aug
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 40,53,000 equity shares of face value of Rs.10 each of Sumit Woods Limited (sumit or the company or the issuer) for cash at a price of Rs.45 per equity share including a share premium of Rs. 35 per equity share (the issue price) aggregating to Rs.18.24 Crores(the issue), of which 2,19,000 equity shares of face value of Rs.10 each for cash at a price of Rs.45 per equity share including a share premium of Rs.35 per equity share aggregating to Rs.0.99 Crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e.issue of 38,34,000 equity shares of face value of Rs.10 each at a price of Rs.45 per equity share including a share premium of Rs.35 per equity share aggregating to Rs.17.25 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.50% and 25.07% respectively of the post issue paid up equity share capital of the company. Issue Price: Rs.45 per equity share. The face value of the Equity Shares is Rs.10 each and the issue price of Rs.45 is 4.5 times of the face value.

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 Sumit Woods Ltd IPO

Contact Information

Address

B-1101 Express Zone,
Western Exp Highway Malad (E),
Mumbai, Maharashtra 400097

Sumit Woods Ltd IPO Lead Manager

Mark Corporate Advisors Pvt Ltd
Open Demat Account