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Suratwwala Business SME IPO Review

SME IPO Status: Listed [3rd Aug 2020 to 5th Aug 2020]

Rated 3/5 by Team InvestorGain
Suratwwala Business SME IPO Detail

Suratwwala Business SME IPO Details

SME IPO Issue Opening Date: 3rd Aug 2020
SME IPO Issue Closing Date: 5th Aug 2020
SME IPO Issue Price: ₹15 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: BSE SME
Retail Quota: TBD
SME IPO Issue Type: Fixed Price Issue
SME IPO Issue Size: ₹6.90 Cr
Face Value: ₹10 Per Equity Share
Promoter Holding Pre IPO: 99.92%
Promoter Holding Post IPO: 73.42%
BSE Code: 543218

Suratwwala Business SME IPO Important Dates

Get important updates regarding Suratwwala Business SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Suratwwala Business SME IPO dates
SME IPO Activity Date
Basis of Allotment Date* 10th Aug 2020
Refunds Initiation* 11th Aug 2020
Credit of Shares to Demat* 12th Aug 2020
SME IPO Listing Date* 13th Aug 2020

* - Tentative Dates

Suratwwala Business SME IPO Lots

SME IPO Activity Date
Issue Price ₹15
Market Lot: 8000 Shares
1 Lot Amount: ₹120000
Min HNI Lots: 16000 shares(2 lots)- ₹240000

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About Company - Suratwwala Business

Suratwwala Business SME IPO here presents a detailed review of Suratwwala Business background, IPO open dates, IPO offer price, IPO allotment status, Suratwwala IPO live subscription, IPO objective, and others. The Suratwwala Business IPO opens on 3rd August 2020 and closes on 5th August 2020.

  • Company Incorporated Year: 2008
  • Sector: Real estate sector
  • Issue Size: Rs. 6.9 Cr.
  • Employee Reservation Portion: Nil
  • Employee Discount: Nil
  • Website: http://www.suratwwala.co.in/

About Suratwwala Business Group Ltd

Suratwwala Business Group Ltd (SBGL) is Pune’s one of the leading construction companies. The real estate company is primarily engaged in developing residential and commercial projects in Pune.

It has two key business segments – Development Business and Maintenance Business, former focuses on to development and sale of residential and commercial properties whereas maintenance business is responsible for developed properties maintenance work. Apart from this, SBGL also offers rentable space for hoardings, banners, mobile tower, and also provide vacant spaces on rent for a short-term duration. Thus, the revenue model of the business includes real estate development, maintenance services, and renting services as well.

Till now, it has constructed one residential and one commercial project. Suratwala Sweet 16 is its residential project that is a 16 one BHK apartment and Suratwala Mark Plazzo-Phase I is its completed commercial project in Hinjawadi, Pune. Currently, its Phase II is its ongoing construction project and The Oxygen Spring is its upcoming project.

SBGL works with a number of architects and contractors to provide the best quality construction work to customers embedded with unique design and all the amenities available. It is also a member of CREDAI Pune Metro to expand its horizon to various areas in the real estate sector.

Suratwwala Business SME IPO Strengths

  • Diversified business model with real estate development, maintenance and renting business.
  • Strong market presence and brand identity in the Pune district.
  • Capability to identify developable land and its perfect execution.
  • Focus on the best quality real estate services.
  • Experienced team of promotes and management.
Incorporation Sector IPO Issue Size Website
NULL ₹6.90 Cr http://www.suratwwala.co.in/

Suratwwala Business SME IPO Objective

Suratwwala Business IPO objectives are as follows:

  • To meet the working capital requirements of business.
  • To meet the general corporate purposes
  • To meet the expenditures relevant to IPO issue.

Our experts can help you prepare for SME IPO

Suratwwala Business SME IPO Live Subscription (NSE + BSE)

The table below is live update of SME IPO bidding details from NSE and BSE.

  • Non-Institutional Investors: 2,180,000 Shares
  • Retail Individual Investor: 2,180,000 Shares
IPO Bidding Live Updates from BSE + NSE
Day NIIRIITotal
 # of Shares Offered2,180,000 (50%)2,180,000 (50%)4,360,000
13rd Aug 2020 18:500.92x0.01x0.47x
24th Aug 2020 18:511.63x0.06x0.85x
35th Aug 2020 18:512.35x0.28x1.31x
Suratwwala Business financial
Suratwwala Business IPO Financials 31-Oct-2019 31-Mar-2019 31-Mar-2018 31-Mar-2017
Total Assets ₹5,099.23 Lakh ₹4,475.07 Lakh ₹3,116.69 Lakh ₹2,752.49 Lakh
Total Revenue ₹483.89 Lakh ₹912.62 Lakh ₹1,119.91 Lakh ₹1,657.82 Lakh
Net Profit/Loss ₹3.67 Lakh ₹85.86 Lakh ₹284.04 Lakh ₹214.38 Lakh

Company Address

Suratwwala Business Group Ltd
S. No. 4/38, Sumangal, First Floor, Sahakar Colony behind SBI, Off Karve Road, Erandwane
Pune,Maharashtra-411004
India
Website: http://www.suratwwala.co.in/
Phone: +91 020 25434392
Email: [email protected]

Suratwwala Business SME IPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Phone: +91-22-4918 6270
Email: [email protected]

Suratwwala Business SME IPO Lead Manager

Suratwwala Business SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for Suratwwala Business? Should I apply in Suratwwala Business SME IPO?

Last Updated on 13-Sep-2020 23:06:16


User Reviews

5. rajendra Jul 28 2020 11:10:11 PM Reply
Suratwwala Business SME IPO expected listing gain.
4. Adharsh A Jul 28 2020 11:10:11 PM Reply
Please confirm Suratwwala Business SME IPO GMP (grey market premium) and kostak.
3. Nidhi shweta Jul 28 2020 11:10:11 PM Reply
Suratwwala Business SME IPO good or bad.
2. Randhir Kumar Roy Jul 28 2020 11:10:11 PM Reply
Suratwwala Business SME IPO whether to invest or not.
1. Saswata Kumar Jul 28 2020 11:10:11 PM Reply
Suratwwala Business SME IPO - CRISIL Rating, Apply or not?.