Suratwwala Business Group Ltd. was founded in 2008 in Mumbai. The firm is a real estate development company that works in the Pune district.
They mainly create residential and commercial properties, as well as maintain and sell them. They also provide advertising space for rent in unsold areas. They have completed 16 one-bedroom projects and one commercial building. Suratwwala Business IPO is a SME IPO on the BSE. Suratwwala Business IPO begins on August 3, 2020 and closes on August 5, 2020. With an 8000 market lot, the price band is roughly 15. The IPO is expected to raise roughly 6.90 crore rupees.
Suratwwala Business IPO Review:
- Avoid
Suratwwala Business IPO GMP, Date & Price Band:
| IPO Open: | 03 August 2020 |
| IPO Close: | 05 August 2020 |
| IPO Size: | Approx ₹6.90 Crore (Approx) |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹15 Per Share |
| Listing on: | BSE SME |
| Retail Portion: | 50% |
| Equity: | 4,600,000 Shares |
Suratwwala Business IPO Market Lot:
| Lot Size: | Minimum 8000 Shares |
| Minimum Amount: | ₹120000 |
Suratwwala Business IPO Allotment & Listing:
| Basis of Allotment: | 10 August 2020 |
| Refunds: | 11 August 2020 |
| Credit to Demat Account: | 12 August 2020 |
| Listing Date: | 13 August 2020 |
Suratwwala Business IPO Form:
How to apply the Suratwwala Business IPO? –> You can apply Suratwwala Business IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Suratwwala Business IPO in the Invest section. The other option you can apply Suratwwala Business IPO via IPO forms download via NSE and BSE. Check out the Suratwwala Business forms.
Suratwwala Business Financial:
| ₹ in Crore | Revenue | Expense | PAT |
|---|---|---|---|
| 2016 | – | – | – |
| 2017 | 16.58 | 13.26 | 2.14 |
| 2018 | 11.20 | 6.93 | 2.84 |
| 2019 | 9.13 | 7.82 | 0.86 |
| 2020 (10M) | 4.84 | 4.77 | 0.04 |
Suratwwala Business IPO Registrar:
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: http://www.linkintime.co.in
Company Address:
Suratwwala Business Group Ltd
S. No. 4/38, Sumangal, First Floor,
Sahakar Colony behind SBI, Off Karve Road,
Erandwane, Pune, 411004, Maharashtra
Phone: +91 020 25434392
Email: [email protected]
Website: http://www.suratwwala.co.in
Company Promoters:
- Mr. Jatin Dhansukhlal Suratwala
- Mr. Manoj Dhansukhlal Suratwala
Suratwwala Business IPO Subscription Numbers:
- The IPO Subscribed 1.31x times overall in which NII 2.35x times while RII 0.28x times.
Suratwwala Business IPO Lead Managers:
- Hem Securities Limited
Suratwwala Business IPO FAQs:
Q1. When Suratwwala Business IPO will open for NII, and Retail?
Ans. The IPO to open on 03 August 2020 for NII, and Retail Investors.
Q2. What is Suratwwala Business IPO Investors Portion?
Ans. The investors’ portion for NII-50%, and Retail-50%.
Q3. How to Apply the Suratwwala Business IPO?
Ans. You can apply Suratwwala Business IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q4. What is SM Auto IPO Allotment Date?
Ans. Suratwwala Business IPO allotment date is 10 August 2020. You can check IPO allotment here.
Q5. What is SM Auto IPO Listing Date?
Ans. Suratwwala Business IPO listing date is 13 August 2020. The IPO to list on BSE SME Platform.
