Sumit Woods Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

29 Aug 2018

Close Date

31 Aug 2018

Allotment

05 Sep 2018

Listing Date

10 Sep 2018

Exchange

NSE SME

Price Band

₹45

Listing Price

See chart

Allotment Status

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Price Band

₹45

Per share

Face Value

₹10 per share

Lot Size

3,000 Shares

per lot

Issue Size

40,53,000 shares (aggregating up to ₹18.24 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹135,000

1 lot

Pre-IPO Holding

1,12,40,522 shares

Promoters

Post-IPO Holding

1,52,93,522 shares

Promoters

UPI Deadline

2018-08-31

Mandate

Anchor AllotmentTue, 28 Aug 2018

Basis of AllotmentWed, 05 Sep 2018

Refund InitiationThu, 06 Sep 2018

Demat CreditThu, 06 Sep 2018

Listing DayMon, 10 Sep 2018

UPI Mandate Deadline2018-08-31

Sale TypeFresh Capital

Net Offer to Public38,34,000 shares (aggregating up to ₹17.25 Cr)

Market Maker Quota2,19,000 shares (aggregating up to ₹0.9855 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Sumit Woods Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 31 Aug 2018.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	219,000	—	₹0.99
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,053,000	100%	₹18.24

IPO Shares Offered

Sumit Woods Ltd. IPO total issue size: ₹18.24 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	219,000	₹0.99	5.40%
Total	4,053,000	₹18.24	100.00%

* Based on upper price band ₹45 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹45.00

Upper Band

Min Investment

₹135,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹270,000
Retail (Max — 13 Lots)	13	39,000	₹1,755,000
S-HNI (Min — 14 Lots)	14	42,000	₹1,890,000
B-HNI (Min — 68 Lots)	68	204,000	₹9,180,000

* Issue Price ₹45 × Lot Size 3,000 shares

IPO Schedule

Anchor

28 Aug 2018

✓ Done

IPO Open

29 Aug 2018

✓ Done

IPO Close

31 Aug 2018

✓ Done

Allotment

05 Sep 2018

✓ Done

Refunds

06 Sep 2018

✓ Done

Demat Credit

06 Sep 2018

✓ Done

Listing Day

10 Sep 2018

✓ Done

₹45.00

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Issue ₹45.00 Live Price

About Sumit Woods Ltd.

Incorporated in 1997, Mumbai based Sumit Woods Limited is a company engaged in the business of civil contractors and executed projects for Modern Bread, Railway Officers and Government Holiday Homes.The company's first project was Kandivali Mitnayan Co-Op Housing Society with a built up area of 26000 Sqft. completed in the year 2004. Since then it has completed 19 projects.During 2012-17, the main business activities of the company were redevelopment of Old Buildings, (CESS Building Redevelopment / MHADA Redevelopment), and residential projects in Mumbai and Goa.Sumit Woods is a patron member of MCHI, CREDAI Mumbai. The company has handed over more than 4,500 units across 2.86 million square feet.The company has 33 permanent employees on its payroll.

Objects of the Issue

1 To meet the fund requirements for execution of our Ongoing and Forthcoming Projects and other working capital requirements;

2 To repay/prepay the secured loans

3 To provide funds to meet General Corporate Purpose

Sumit Woods Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹2,961.1

31-Mar-16

₹4,697.3

31-Mar-17

₹3,433.1

31-Mar-18

Profit After Tax (PAT)

₹75.0

31-Mar-16

₹313.3

31-Mar-17

₹774.5

31-Mar-18

Particulars	31-Mar-18	31-Mar-17	31-Mar-16
Revenue from Operations	3433.13	4697.31	2961.14
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	774.53	313.26	74.98
Net Worth	N/A	N/A	N/A
Total Assets	11750.88	12243.12	13512.35
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered40,53,000 (100.00%)

Net Offer to Public38,34,000 shares (aggregating up to ₹17.25 Cr)

Reserved for Market Maker2,19,000 shares (aggregating up to ₹0.9855 Cr)

Pre-Issue Promoter Holding1,12,40,522 shares

Post-Issue Promoter Holding1,52,93,522 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Mark Corporate Advisors Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Sumit Woods Ltd. IPO subscribed? ▲

Sumit Woods Ltd. IPO is subscribed 1.00 times by Aug 31, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Sumit Woods Ltd. IPO retail subscription status? ▼

The Sumit Woods Ltd. IPO retail category is subscribed 1.00 times as of 31 Aug 2018. The retail portion is oversubscribed.

How to subscribe Sumit Woods Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 29 Aug 2018 and closes 31 Aug 2018. Min investment: ₹135,000 (1 lot = 3,000 shares). UPI mandate: 2018-08-31.

How many times Sumit Woods Ltd. IPO subscribed? ▼

The Sumit Woods Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sumit Woods Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 05 Sep 2018. Refunds: on 06 Sep 2018.

When Sumit Woods Ltd. IPO will be listed? ▼

The Sumit Woods Ltd. IPO listing date is 10 Sep 2018, Monday. Listed on: NSE SME. Issue price: ₹45. Estimated listing: ₹45. GMP: NIL.

When Sumit Woods Ltd. IPO close? ▼

The Sumit Woods Ltd. IPO closes on 31 Aug 2018, Friday. UPI mandate: 2018-08-31. Allotment: 05 Sep 2018. Listing: 10 Sep 2018.

Quick Actions

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Live Price LIVE

Last Price₹45.00

Change—

Issue Price₹45.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹45

Face Value₹10

Lot Size3,000 Sh

Min. Amount₹135,000

GMPNIL

Est. Listing₹45

Subscribed1.00x

Open Date29 Aug 2018

Close Date31 Aug 2018

Allotment05 Sep 2018

Listing Date10 Sep 2018

ExchangeNSE SME

UPI Deadline2018-08-31