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Suich Industries Ltd
Registered Office:
PNo 68 3rdFlr Block No 5 W E A,Naiwala Karol Bagh, New Delhi - 110005, New Delhi, India.
Website :  www.suichgroup.com
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.
Issue
Opens On Closes On
30-May-19 04-Jun-19
Money Payable On
Application Allotment
75.00 0.00
Minimum Application for shares in Nos : 1600  Further Multiples of : 1600
()(Cr.) Lead Managers to the Issue
Project Cost () 30.86 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer () 30.86  
Post Issue Equity Share Capital () 15.24  
Issue Price () 75.00  
Projects
Repayment / Pre-Payment of certain Unsecured Loans availed from banks and Financial Institutions by the company
Funding the Working Capital Requirements of the Company
General Corporate Purposes
Promoted By
Gunnit Singh Allagh
Sanchit Singh
Listing At
BSE - SME
Registrar to the Issue