Sumit Woods Limited IPO
NSE SMERs 1,35,000 / 3000 Shares
Sumit Woods Limited IPO Details
The Sumit Woods Limited IPO price band is set between Rs 43/- to Rs 45/- Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Bigshare Services Pvt. Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 29 Aug, 2018 and closes on 31 Aug, 2018. Investors can check the allotment status on 6 Sep, 2018, while the listing date is tentatively scheduled for 10 Sep, 2018.
The total issue size is Fresh Issue of 40,53,000 Equity Shares of Rs 10/- at a price of Rs 43/- to Rs 45/- per share aggregating to Rs 18.24 Cr, aggregating up to . Stay tuned for the latest Sumit Woods Limited IPO review and GMP updates.
Sumit Woods Limited IPO Review, Rating & Analysis
Sumit Woods Limited IPO Review
NO REVIEWSumit Woods Limited IPO Rating
Sumit Woods Limited IPO Highlights
IPO Date
Aug 29, 2018 - Aug 31, 2018
Listing Date
10 Sep, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 43/- to Rs 45/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Sumit Woods Limited IPO Lot Size
The minimum market lot for Sumit Woods Limited IPO is 3000 shares with an application amount of ₹1,35,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,35,000 |
| Retail (Max) | 1 | 3000 | ₹1,35,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,70,000 |
| S-HNI (Max) | 7 | 21000 | ₹9,45,000 |
| B-HNI (Min) | 8 | 24000 | ₹10,80,000 |
Sumit Woods Limited IPO Timeline
Issue Price
Rs 43/- to Rs 45/- Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt. LtdLead Manager
Mark Corporate Advisors Private LimitedIssue Size
Fresh Issue of 40,53,000 Equity Shares of Rs 10/- at a price of Rs 43/- to Rs 45/- per share aggregating to Rs 18.24 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Mitaram Jangid
- Mr. Subodh Nemlekar
- Mr. Bhushan Nemlekar
- Mrs. Sharda M. Jangid
- Mrs. Kavita B. Nemlekar
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Sumit Woods Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 19,17,000 | 19,17,000 | 38,34,000 |
Day 1 -29-08-18 | 5,28,000 0.28 x | 66,000 0.03 x | 5,94,000 0.15 x |
Day 2 -30-08-18 | 20,10,000 1.05 x | 2,16,000 0.11 x | 22,26,000 0.58 x |
Day 3 -31-08-18 | 2,13,15,000 11.12 x | 31,14,000 1.62 x | 2,44,29,000 6.37 x |
Frequently Asked Questions about Sumit Woods Limited IPO IPO
When will Sumit Woods Limited IPO open for subscription?
The Sumit Woods Limited IPO opens on 29 Aug, 2018 and closes on 31 Aug, 2018.
What is the investors portion for Sumit Woods Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1917000.
How to apply for Sumit Woods Limited IPO?
You can apply for Sumit Woods Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Sumit Woods Limited IPO?
The issue size of Sumit Woods Limited IPO is approx ₹Fresh Issue of 40,53,000 Equity Shares of Rs 10/- at a price of Rs 43/- to Rs 45/- per share aggregating to Rs 18.24 Cr crores.
What is the price band of Sumit Woods Limited IPO?
The price band for Sumit Woods Limited IPO is Rs 43/ to ₹ to Rs 45/.
What is the lot size of Sumit Woods Limited IPO?
The minimum bid (lot size) for Sumit Woods Limited IPO is 3000 shares with an investment of approx Rs 1,35,000 .
What is the allotment date of Sumit Woods Limited IPO?
The allotment date for Sumit Woods Limited IPO is 6 Sep, 2018.
What is the listing date of Sumit Woods Limited IPO?
The listing date for Sumit Woods Limited IPO is expected to be 10 Sep, 2018.
What is the GMP of Sumit Woods Limited IPO?
The latest Grey Market Premium (GMP) for Sumit Woods Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
