Suratwwala Business Group Ltd IPO
IPO Details
- Open Date 03-Aug-20
- Close Date 05-Aug-20
- Lot Size 8000
- IPO Size ₹ 6.9 Cr
- IPO Price Range ₹ 15
- Min Investment ₹ 120000
- Listing Exchange -
- Basis of Allotment TBA
- Refunds TBA
- Credit to Demat Account TBA
- Listing Date TBA
IPO Synopsis
Initial Public Offer of 46,00,000 Equity Shares of face value of Rs. 10 each (the Equity Shares) of Suratwwala Business Group Limited (the company or sbgl or the issuer) at an issue price of Rs. 15 per Equity Share for cash, aggregating up to Rs. 6.9 Crores (public issue) out of which 240000 Equity Shares of face value of Rs. 10 each, at an issue price of Rs. 15 per equity Share for cash, aggregating Rs. 0.36 Crores will be reserved for subscription by the market maker to the issue (the market Maker reservation portion). The public issue less market maker reservation portion i.e. Issue of 4360000 Equity Shares of face value of Rs. 10 each, at an issue price of Rs. 15 per Equity Share for cash, aggregating upto Rs. 6.54 Crores is herein after referred to as the net issue. The public issue and net issue will constitute 26.53% and 25.49% respectively of the post issue paid-up Equity Share capital of the company. The face value of equity shares 1.5 times of the equity shares.Suratwwala Business Group Ltd Financial Status
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Contact Details of Suratwwala Business Group Ltd IPO
Contact Information
S No 4/38 Sumangal First Floor,
SahakarCol behindSBI Erandwane,
Pune, Maharashtra 411004
Suratwwala Business Group Ltd IPO Lead Manager
Hem Securities Ltd
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