• Sensex   37666.31   -21.60  sensex_dwn_arr
  • Nifty   11103.90   8.65   sensex_up_arr
  • Bank Nifty   21508.65   0.08   sensex_up_arr
  • BSE Midcap   13913.52   0.41  sensex_up_arr
  • USDINR   75.00   -0.38   sensex_dwn_arr
IPO Synopsis
Home >> IPO >> IPO Synopsis
Suratwwala Business Group Ltd
Registered Office:
S No 4/38 Sumangal First Floor,SahakarCol behindSBI Erandwane,
Pune - 411004,
Maharashtra, India.
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.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
03-Aug-20
05-Aug-20
15.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 8000   Further Multiples of : 8000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
6.90
Hem Securities Ltd
Project Financed through Current Offer
6.90
 
Post Issue Equity Share Capital
17.34
 
Issue Price
15.00
 
Projects
To Meet Working Capital Requirements
General Corporate Purpose
Promoted By
Jatin Dhansukhlal Suratwala
Manoj Dhansukhlal Suratwala
Listing At
BSE - SME
Registrar to the Issue
Link Intime India Pvt Ltd
Adani Ports & Special Economic Zone Ltd     326.65   Up   11.70 (3.71%)   Asian Paints Ltd     1,715.20   Up   1.25 (0.07%)   Axis Bank Ltd     434.30   Up   5.15 (1.20%)   Bajaj Auto Ltd     3,009.90   Up   39.95 (1.35%)   Bajaj Finance Ltd     3,260.00   Up   24.40 (0.75%)   Bajaj Finserv Ltd     6,245.00   Up   83.00 (1.35%)   Bharat Petroleum Corporation Ltd     410.75   Up   2.20 (0.54%)   Bharti Airtel Ltd     559.15   Up   10.15 (1.85%)   Bharti Infratel Ltd     191.15   Down   -0.20 (-0.10%)   Britannia Industries Ltd     3,847.45   Up   29.85 (0.78%)   Cipla Ltd     722.70   Up   8.85 (1.24%)   Coal India Ltd     128.40   Down   -0.35 (-0.27%)   Dr Reddys Laboratories Ltd     4,608.00   Down   -26.85 (-0.58%)   Eicher Motors Ltd     22,041.80   Up   1,026.15 (4.88%)   GAIL (India) Ltd     93.25   Up   0.10 (0.11%)   Grasim Industries Ltd     632.85   Up   8.20 (1.31%)   HCL Technologies Ltd     689.40   Down   -3.25 (-0.47%)   HDFC Bank Ltd     1,028.25   Down   -13.40 (-1.29%)   HDFC Life Insurance Company Ltd     605.35   Down   -8.80 (-1.43%)   Hero Honda Motors Ltd     2,691.25   Down   -14.85 (-0.55%)   Hindalco Industries Ltd     175.80   Up   13.45 (8.28%)   Hindustan Unilever Ltd     2,194.15   Down   -3.65 (-0.17%)   Housing Development Finance Corporation Ltd     1,772.00   Down   -9.10 (-0.51%)   ICICI Bank Ltd     352.10   Up   1.10 (0.31%)   Indian Oil Corporation Ltd     86.70   Down   -0.25 (-0.29%)   IndusInd Bank Ltd     493.15   Up   0.55 (0.11%)   Infosys Technologies Ltd     946.30   Down   -3.55 (-0.37%)   ITC Ltd     193.05   Down   -0.60 (-0.31%)   JSW Steel Ltd     235.45   Up   7.35 (3.22%)   Kotak Mahindra Bank Ltd     1,335.00   Up   11.05 (0.83%)   Larsen & Toubro Ltd     925.60   Up   1.35 (0.15%)   Mahindra & Mahindra Ltd     611.90   Up   9.30 (1.54%)   Maruti Suzuki India Ltd     6,530.00   Up   171.05 (2.69%)   Nestle India Ltd     16,505.00   Down   -75.00 (-0.45%)   NIFTY (S&P CNX)     11,103.90   Up   8.65 (0.08%)   NTPC Ltd     85.80   Up   0.20 (0.23%)   Oil & Natural Gas Corpn Ltd     76.85   Up   0.75 (0.99%)   Power Grid Corporation of India Ltd     176.05   Down   -2.20 (-1.23%)   Reliance Industries Ltd     2,128.85   Down   -21.75 (-1.01%)   Shree Cement Ltd     22,100.00   Up   506.25 (2.34%)   State Bank of India     191.40   Down   -0.20 (-0.10%)   Sun Pharmaceuticals Industries Ltd     530.10   Up   1.15 (0.22%)   Tata Consultancy Services Ltd     2,261.70   Up   12.00 (0.53%)   Tata Motors Ltd     115.10   Up   3.65 (3.28%)   Tata Steel Ltd     395.65   Up   23.40 (6.29%)   Tech Mahindra Ltd     648.75   Down   -3.90 (-0.60%)   Titan Company Ltd     1,104.70   Up   29.50 (2.74%)   UltraTech Cement Ltd     4,044.00   Up   39.70 (0.99%)   UPL Ltd     453.50   Down   -8.20 (-1.78%)   Wipro Ltd     278.70   Down   -2.35 (-0.84%)   Zee Entertainment Enterprises Ltd     145.55   Up   2.20 (1.53%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com

Want Us to Call You?