Suratwwala Business SME IPO Review

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

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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 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.

Suratwwala Business SME IPO Details

Suratwwala Business SME IPO details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.

Suratwwala Business SME IPO Details
Suratwwala Business Issue Details Values
IPO Category SME
SME IPO Issue Type Fixed Price Issue IPO
SME IPO Issue Size 4,600,000 Eq Shares of ₹10 (aggregating up to ₹6.90 Cr)
Face Value ₹10 Per Equity Share
SME IPO Issue Price ₹15
SME IPO Discount
Market Lot 8000 Shares
Min Retail Qty 8000
Max Retail Qty 8000
Promoter Holding Pre IPO 99.92%
Promoter Holding Post IPO 73.42%
IPO Listing At BSE SME
BSE Code 543218
NSE Code

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 Offered2,180,0002,180,0004,360,000
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 Financials for past 3 Years

Past performance and financial results of Suratwwala Business.

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

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.

Suratwwala Business SME IPO Threats/Weaknesses

  • Inability to find suitable land and poor project execution may materially affect business revenue.
  • Limited geographical presence in Pune, Maharashtra.
  • Real estate market uncertainty.

Suratwwala Business SME IPO Recommendations

Suratwwala Business SME IPO Important Dates

In this section we have covered all important dates related to Suratwwala Business SME IPO. Dates are updated as they are announced. The most noted dates are SME IPO start date and SME IPO end date, which one should use to participate in SME IPO.

Suratwwala Business SME IPO important dates
SME IPO Activity Date
SME IPO Issue Open Date 3rd Aug 2020
SME IPO Issue Close Date 5th Aug 2020
Basis of Allotment Finalisation Date* 10th Aug 2020
Refunds Initiation* 11th Aug 2020
Credit of Shares to Demat Account* 12th Aug 2020
SME IPO Listing Date* 13th Aug 2020

* - Tentative Dates

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@
  NRI Form ⇒

Suratwwala Business SME IPO Draft Prospectus >>Document

Suratwwala Business SME IPO Red Herring Prospectus >>Document

Suratwwala Business SME IPO Allotment Status >>Suratwwala Business SME IPO Allotment is not declared yet, we will provide the link for status once allotment is out.

Company Address

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

Registrar

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

Lead Manager

  1. Hem Securities Limited
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 2020-09-13T23:06:16+00:00

Suratwwala Business SME IPO FAQs

  1. 1. How to subscribe Suratwwala Business SME IPO with Zerodha?

    Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Suratwwala Business SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Suratwwala Business SME IPO with Zerodha.

    Alternate approch to apply in Suratwwala Business SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

    Suratwwala Business SME IPO Review and Important Updates

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  2. 2. How to apply in Suratwwala Business SME IPO online?

    Apply in Suratwwala Business SME IPO online

    To subscribe or apply in Suratwwala Business SME IPO, you can use the following methods:

    Suratwwala Business SME IPO Applying ModeMethodDetails
    Online Application3-in-1 Trading Account

    If your broker is 3-in-1 service provider, you can apply in Suratwwala Business SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

    Online Application2-in-1 Trading Account

    Brokers like Zerodha, TradeSmart Online provides access to applying in Suratwwala Business SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

    Online ApplicationASBA

    This is one of the most popular mode of applying in Suratwwala Business SME IPO. Most of the Syndicate Banks provide access to apply in Suratwwala Business IPO via ASBA process. You must have your net banking access, DP ID information to apply in Suratwwala Business SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

    Offline ApplicationPhysical Form

    You can apply in Suratwwala Business SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

    Suratwwala Business SME IPO Review and Important Updates

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  3. 3. How to download online application form for Suratwwala Business SME IPO?

    Suratwwala Business SME IPO Application is not yet available.

     

  4. 4. What is the listing date of Suratwwala Business SME IPO?

    Suratwwala Business SME IPO is going to be list on 13-08-2020. BSE Code for Suratwwala Business is 543218.

    Other relevant questions:

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  5. 5. When Suratwwala Business SME IPO will be allocated?

    Suratwwala Business SME IPO Allotment Date is 10-08-2020.

    Other relevant questions:

    Suratwwala Business SME IPO share allotment date?Suratwwala Business SME IPO allotment date?

     

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User Comments

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5. rajendra  7/28/2020 11:10:11 PM Reply
Suratwwala Business SME IPO expected listing gain.
avatar
4. Adharsh A  7/28/2020 11:10:11 PM Reply
Please confirm Suratwwala Business SME IPO GMP (grey market premium) and kostak.
avatar
3. Nidhi shweta  7/28/2020 11:10:11 PM Reply
Suratwwala Business SME IPO good or bad.
avatar
2. Randhir Kumar Roy  7/28/2020 11:10:11 PM Reply
Suratwwala Business SME IPO whether to invest or not.
avatar
1. Saswata Kumar  7/28/2020 11:10:11 PM Reply
Suratwwala Business SME IPO - CRISIL Rating, Apply or not?.

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