The Suumaya Lifestyle date has been confirmed from May 22, 2018, and ended on May 25, 2018. Read the post to learn about Suumaya Lifestyle Limited IPO GMP.
Suumaya Lifestyle Developers IPO is a fixed price issue of Rs 3.40 crores. The price is ₹18 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹144,000.
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Key Details Of Suumaya Lifestyle Limited IPO:
Bidding Dates
May 22-25
Price Range
₹18 per share
Face Value
₹10 per share
GMP
₹7.95
Suumaya Lifestyle Limited IPO GMP
The Suumaya Lifestyle IPO GMP Today is ₹7.95.
IPO Overview
Suumaya Lifestyle IPO is a Rs 3.40 crore fixed-price issue. Bidding for the Suumaya Lifestyle IPO commenced on May 22, 2018, and ended on May 25, 2018. On June 4, 2018, the stock was listed on the NSE SME. Suumaya Lifestyle’s IPO price is 18 per share.
An application requires a minimum lot size of 8000 shares. Retail investors must deposit a minimum of ₹144,000. Suumaya provides its clients with both retail and wholesale. The firm has 18 people on payroll.
Suumaya Lifestyle Limited IPO Details
| IPO Date | May 22, 2018 to May 25, 2018 |
| Listing Date | June 4, 2018 |
| Face Value | ₹10 per share |
| Price | ₹18 per share |
| Lot Size | 8000 Shares |
| Total Issue Size | 1,888,000 shares (aggregating up to ₹3.40 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 392,000 shares |
Suumaya Lifestyle Limited Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 3,319.14 | 2,716.2 | 3,107.12 | 2,201.07 | 1,155.37 | |
| Total Revenue | 21,205.77 | 9,053.11 | 3,715.78 | 1,547.08 | 0.65 | |
| Profit After Tax | 44.91 | 31.77 | 4.98 | 11.87 | (1.41) | |
Suumaya Lifestyle Limited IPO Listing Details
| Listing Date | June 4, 2018 |
| BSE Script Code | |
| NSE Symbol | SUULD |
| ISIN | INE591Q01016 |
| Final Issue Price | ₹18 per share |
Company Profile
Suumaya Lifestyle Limited, founded in 2011, is a firm that manufactures designer women’s apparel such as Kurtis, ethnic tops, salwar suits, and so on. The company has its own design and production house, as well as an experienced and committed crew. It sells goods under the brand names “ekka,” “ira,” and “tag 9.”
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Suumaya Lifestyle Limited |
| Phone number | 022-49712096 |
| Email ID | [email protected] |
| Website | suumayalifestyle.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Suumaya Lifestyle IPO FAQs
When Suumaya Lifestyle IPO will open?
The Suumaya Lifestyle IPO opens on May 22, 2018 and closes on May 25, 2018.
What is the lot size of Suumaya Lifestyle IPO?
Suumaya Lifestyle IPO lot size is 8000 Shares, and the minimum amount required is ₹144,000.
When is Suumaya Lifestyle IPO allotment?
The finalization of Basis of Allotment for Suumaya Lifestyle IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
When is Suumaya Lifestyle IPO listing date?
The Suumaya Lifestyle IPO listing date is on June 4, 2018.
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