Suumaya Industries Ltd IPO

Closed

Subscription Details

  • Open Date 22 May
  • Close Date 25 May
  • Lot Size 8000
  • IPO Size ₹ 13.84 Cr
  • IPO Price Range ₹ 18
  • Min Investment ₹ 144000

Suumaya Industries Ltd IPO Timeline

Open Date
22 May
Close Date
25 May
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public offer of 76,88,000 equity shares of Rs.10/- each (equity shares) of Suumaya Lifestyle Limited (SLL or the company) for cash at a price of Rs.18 per share (the offer price), aggregating to Rs.13.84 Crores (the offer) consisting of fresh isue of upto 18,88,000 equity shares aggregating to Rs.3.40 Crores and an offer for sale of 58,00,000 equity shares by the selling shareholder aggregating to Rs.10.44 Crores (offer for sale), of which upto 3,92,000 equity shares of Rs. 10/- each will be reserved for subscription by market makers to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. Offer of upto 72,96,000 equity shares of Rs. 10/- each is hereinafter referred to as the net offer. The offer and the net offer will constitute 32.98% and 30.39% respectively of the post offer paid up equity share capital of the company. The face value of equity shares is Rs. 10 each and the offer price of 18 is 1.8 time 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 Suumaya Industries Ltd IPO

Contact Information

Address

Gala No.5F/D Malad Industrial,
Unit Coop Soc Ltd Malad (W),
Mumbai, Maharashtra 400064

Suumaya Industries Ltd IPO Lead Manager

Gretex Corporate Services Pvt Ltd
Open Demat Account