Suncare Traders Ltd IPO

Closed

Subscription Details

  • Open Date 15 Dec
  • Close Date 18 Dec
  • Lot Size 2000
  • IPO Size ₹ 24.22 Cr
  • IPO Price Range ₹ 64
  • Min Investment ₹ 128000

Suncare Traders Ltd IPO Timeline

Open Date
15 Dec
Close Date
18 Dec
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 37,84,000 equity shares of face value of Rs. 10/- each of Suncare Traders Limited (STL or the Company or the Issuer) for cash at a price of Rs. 64 per equity share including a share premium of Rs. 54 per equity share (The issue price) aggregating to Rs. 24.2176 crores (The issue), of which 1,92,000 equity shares of face value of Rs. 10 each will for cash at a price of Rs. 64 per equity share including a share premium of Rs. 54 per equity share aggregating to Rs. 1.2288 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. Net issue of 35,92,000 equity shares of face value of Rs. 10 each at a price of Rs. 64 per equity share aggregating to Rs. 22.9888 crores is herein after referred to as the Net issue. The issue and the net issue will constitute 67.44% and 64.02%, respectively of the post issue paid up equity share capital of the company. The face value ofthe equity shares is Rs. 10 each and The issue price is 6.4 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 Suncare Traders Ltd IPO

Contact Information

Address

7 Shree Shakti Estate Behind,
Milan Complex Sarkhej,
Ahmedabad, Gujarat 382210

Suncare Traders Ltd IPO Lead Manager

Corporate Strategic Allianz Ltd
Open Demat Account