SURATWWALA BUSINES...● IPO DETAIL◆ GMPNIL◆ STATUSListed◆ IPOCloudTrack Every IPO◆ SURATWWALA BUSINES...● IPO DETAIL◆ GMPNIL◆ STATUSListed◆ IPOCloudTrack Every IPO◆
Live GMP
Back to IPOs
Suratwwala Business Group Ltd.

Suratwwala Business Group Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹15
₹15
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹15
Based on GMP
Min. Investment
₹120,000
1 lot × 8000 shares
Subscribed
1.00x
Over-subscribed
Check Allotment
IPO Details
Open Date
03 Aug 2020
Close Date
05 Aug 2020
Allotment
10 Aug 2020
Listing Date
13 Aug 2020
Exchange
BSE SME
Price Band
₹15
Listing Price
See chart
Allotment Status
Check Now →
Price Band
₹15
Per share
Face Value
₹10 per share
 
Lot Size
8,000 Shares
per lot
Issue Size
46,00,000 shares (aggregating up to ₹6.90 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹120,000
1 lot
Pre-IPO Holding
1,27,41,644 shares
Promoters
Post-IPO Holding
1,73,41,644 shares
Promoters
P/E (Pre)
83x
 
UPI Deadline
2020-08-05
Mandate
Anchor AllotmentSun, 02 Aug 2020
Basis of AllotmentMon, 10 Aug 2020
Refund InitiationTue, 11 Aug 2020
Demat CreditWed, 12 Aug 2020
Listing DayThu, 13 Aug 2020
UPI Mandate Deadline2020-08-05
Sale TypeFresh Capital
Net Offer to Public43,60,000 shares (aggregating up to ₹6.54 Cr)
Market Maker Quota2,40,000 shares (aggregating up to ₹0.3600 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Suratwwala Business Group Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 05 Aug 2020.
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
240,000
 — ₹0.36
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
4,600,000
 100% ₹6.90
IPO Shares Offered
Suratwwala Business Group Ltd. IPO total issue size: ₹6.90 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 240,000 ₹0.36
5.22%
Total 4,600,000 ₹6.90
100.00%
* Based on upper price band ₹15 per share
Lot Size & Investment
Lot Size
8,000
Shares per Lot
Issue Price
₹15.00
Upper Band
Min Investment
₹120,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)216,000₹240,000
Retail (Max — 13 Lots)13104,000₹1,560,000
S-HNI (Min — 14 Lots)14112,000₹1,680,000
B-HNI (Min — 68 Lots)68544,000₹8,160,000
* Issue Price ₹15 × Lot Size 8,000 shares
IPO Schedule
Anchor
02 Aug 2020
✓ Done
IPO Open
03 Aug 2020
✓ Done
IPO Close
05 Aug 2020
✓ Done
Allotment
10 Aug 2020
✓ Done
Refunds
11 Aug 2020
✓ Done
Demat Credit
12 Aug 2020
✓ Done
Listing Day
13 Aug 2020
✓ Done
Suratwwala Business Group Ltd. — Live Price LIVE
₹15.00
INR · BSE
Fetching…
vs Issue Price
—
OPEN
—
HIGH
—
LOW
—
MKT CAP
—
P/E
—
52W HIGH
—
52W LOW
—
VOLUME
—
DIVIDEND
—
DIV YIELD
—
Loading…
Chart Not Available
Try again 2–3 days after listing.
Issue ₹15.00 Live Price
About Suratwwala Business Group Ltd.
Incorporated in 2008, Suratwwala Business Group Ltd is a real estate development company developing commercial and residential projects in Pune District. The company focusses on the development, sale, and maintenance business of properties. Suratwwala also provides the space on rent for banners, hoardings, and towers on buildings and unsold space for a particular time duration.The company has completed one residential projet of 16 one BHK Apartments and one commercial project named Suratwwala Mark Plazzo - Phase I in Pune district. The company is working on Phase II of the commercial project.A major portion of the revenue of the company is derived from the development of real estate projects. The project of the company includes both affordable housing and premium housing developments. For maintenance business, Suratwwala Business charges fees from the owners of the units of each project.Competitive Strengths1. Diversified Business Model2. Strong presence in Pune district3. Land identification capabilities and strong execution
Objects of the Issue
1
To meet Working Capital requirements
2
General Corporate Purpose
Suratwwala Business Group Ltd. Financials (Amount in Rs Cr)
Revenue from Operations
₹1,119.9
31-Mar-18
₹912.6
31-Mar-19
₹1,088.4
31-March-20
Profit After Tax (PAT)
₹296.5
31-Mar-18
₹85.9
31-Mar-19
₹32.5
31-March-20
Particulars31-March-2031-Mar-1931-Mar-18
Revenue from Operations 1088.35 912.62 1119.91
EBITDA N/A N/A N/A
Profit After Tax (PAT) 32.46 85.86 296.49
Net Worth N/A N/A N/A
Total Assets 5390.82 4487.52 3129.14
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 Offered46,00,000 (100.00%)
Net Offer to Public43,60,000 shares (aggregating up to ₹6.54 Cr)
Reserved for Market Maker2,40,000 shares (aggregating up to ₹0.3600 Cr)
Pre-Issue Promoter Holding1,27,41,644 shares
Post-Issue Promoter Holding1,73,41,644 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Suratwwala Business Group Ltd. IPO subscribed? ▲

Suratwwala Business Group Ltd. IPO is subscribed 1.00 times by Aug 05, 2020. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Suratwwala Business Group Ltd. IPO retail subscription status? ▼

The Suratwwala Business Group Ltd. IPO retail category is subscribed 1.00 times as of 05 Aug 2020. The retail portion is oversubscribed.

How to subscribe Suratwwala Business Group Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 03 Aug 2020 and closes 05 Aug 2020. Min investment: ₹120,000 (1 lot = 8,000 shares). UPI mandate: 2020-08-05.

How many times Suratwwala Business Group Ltd. IPO subscribed? ▼

The Suratwwala Business Group Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Suratwwala Business Group Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Aug 2020. Refunds: on 11 Aug 2020.

When Suratwwala Business Group Ltd. IPO will be listed? ▼

The Suratwwala Business Group Ltd. IPO listing date is 13 Aug 2020, Thursday. Listed on: BSE SME. Issue price: ₹15. Estimated listing: ₹15. GMP: NIL.

When Suratwwala Business Group Ltd. IPO close? ▼

The Suratwwala Business Group Ltd. IPO closes on 05 Aug 2020, Wednesday. UPI mandate: 2020-08-05. Allotment: 10 Aug 2020. Listing: 13 Aug 2020.

Quick Actions
Check Allotment
Live Price LIVE
Last Price₹15.00
Change—
Issue Price₹15.00
vs Issue—
Quick Summary
StatusListed
Issue Price₹15
Face Value₹10
Lot Size8,000 Sh
Min. Amount₹120,000
GMPNIL
Est. Listing₹15
Subscribed1.00x
Open Date03 Aug 2020
Close Date05 Aug 2020
Allotment10 Aug 2020
Listing Date13 Aug 2020
ExchangeBSE SME
UPI Deadline2020-08-05