Friday, July 31, 2020

Suratwwala Business IPO Date, Review, Price Band, Form, Allotment & Market Lot

Suratwwala Business Group Ltd. incorporated in 2008 based in Mumbai. The company is a real estate development company and they are doing development in the Pune district. They are basically doing residential and commercial development, maintenance, and sale of the properties. They also provide space on rent for the advertisement in unsold spaces. They have completed 16 projects of one BHK while one commercial project also completed. Suratwwala Business IPO is BSE SME IPO. Suratwwala Business IPO date is 03 August 2020 and ends on 05 August 2020. The price band is around ₹15 with 8000 market lot. The IPO size is around ₹6.90 crore rupees.

Suratwwala Business IPO

Suratwwala Business IPO Review:

  • Avoid

Suratwwala Business IPO 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 - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

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

Company Promoters:

  • Mr. Jatin Dhansukhlal Suratwala
  • Mr. Manoj Dhansukhlal Suratwala

Quick Links:

DRHP Draft Prospectus
RHP Draft Prospectus

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

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 Allotment Status:

  • Check SM Auto IPO allotment status on LinkIntime website allotment URL. Click Here

Suratwwala Business IPO Lead Managers:

  • Hem Securities Limited

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

Suratwwala Business IPO FAQs:

1. When Suratwwala Business IPO will open for NII, and Retail?
The IPO to open on 03 August 2020 for NII, and Retail Investors.

2. What is Suratwwala Business IPO Investors Portion?
The investors' portion for NII-50%, and Retail-50%.

3. How to Apply the Suratwwala Business IPO?
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.

4. What is SM Auto IPO Allotment Date?
Suratwwala Business IPO allotment date is 10 August 2020. You can check IPO allotment here.

5. What is SM Auto IPO Listing Date?
Suratwwala Business IPO listing date is 13 August 2020. The IPO to list on BSE SME Platform.