Suratwwala Business Group Limited
BSE SMERs 1,20,000 / 8000 Shares
Suratwwala Business Group Limited IPO Details
The Suratwwala Business Group Limited IPO price band is set between Rs 15/- Per Equity Share, with a face value of Rs 10/- per share. The issue is managed by Link Intime India Private Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 3 Aug, 2020 and closes on 5 Aug, 2020. Investors can check the allotment status on 11 Aug, 2020, while the listing date is tentatively scheduled for 13 Aug, 2020.
The total issue size is Fresh Issue of 46,00,000 Equity Shares of Rs 10/- at price of Rs 15/- with aggregating up to Rs 6.90 Cr, aggregating up to . Stay tuned for the latest Suratwwala Business Group Limited IPO review and GMP updates.
Suratwwala Business Group Limited IPO Review, Rating & Analysis
Suratwwala Business Group Limited IPO Review
NO REVIEWSuratwwala Business Group Limited IPO Rating
Suratwwala Business Group Limited IPO Highlights
IPO Date
Aug 3, 2020 - Aug 5, 2020
Listing Date
13 Aug, 2020
Face Value
Rs 10/- Per Equity Share
Price Band
Rs 15/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Suratwwala Business Group Limited IPO Lot Size
The minimum market lot for Suratwwala Business Group Limited IPO is 8000 shares with an application amount of ₹1,20,000. 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 | 8000 | ₹1,20,000 |
| Retail (Max) | 1 | 8000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 16000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 64000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 72000 | ₹10,80,000 |
Suratwwala Business Group Limited IPO Timeline
Issue Price
Rs 15/- Per Equity ShareFace Value
Rs 10/- Per Equity ShareListing at Group
BSE SMERegistrar
Link Intime India Private LimitedLead Manager
Hem Securities LimitedIssue Size
Fresh Issue of 46,00,000 Equity Shares of Rs 10/- at price of Rs 15/- with aggregating up to Rs 6.90 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Jatin Dhansukhlal Suratwala
- Mr. Manoj Dhansukhlal Suratwala
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Suratwwala Business Group Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 21,76,000 | 21,84,000 | 43,60,000 |
Day 1 -03-08-20 | 20,08,000 0.92 x | 32,000 0.01 x | 20,40,000 0.47 x |
Day 2 -04-08-20 | 35,52,000 1.63 x | 1,36,000 0.06 x | 36,88,000 0.85 x |
Day 3 -05-08-20 | 51,12,000 2.35 x | 6,16,000 0.28 x | 57,28,000 1.31 x |
Frequently Asked Questions about Suratwwala Business Group Limited IPO
When will Suratwwala Business Group Limited IPO open for subscription?
The Suratwwala Business Group Limited IPO opens on 3 Aug, 2020 and closes on 5 Aug, 2020.
What is the investors portion for Suratwwala Business Group Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 2184000.
How to apply for Suratwwala Business Group Limited IPO?
You can apply for Suratwwala Business Group 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 Suratwwala Business Group Limited IPO?
The issue size of Suratwwala Business Group Limited IPO is approx ₹Fresh Issue of 46,00,000 Equity Shares of Rs 10/- at price of Rs 15/- with aggregating up to Rs 6.90 Cr crores.
What is the price band of Suratwwala Business Group Limited IPO?
The price band for Suratwwala Business Group Limited IPO is Rs 15/ to ₹ Per Equity Share.
What is the lot size of Suratwwala Business Group Limited IPO?
The minimum bid (lot size) for Suratwwala Business Group Limited IPO is 8000 shares with an investment of approx Rs 1,20,000 .
What is the allotment date of Suratwwala Business Group Limited IPO?
The allotment date for Suratwwala Business Group Limited IPO is 11 Aug, 2020.
What is the listing date of Suratwwala Business Group Limited IPO?
The listing date for Suratwwala Business Group Limited IPO is expected to be 13 Aug, 2020.
What is the GMP of Suratwwala Business Group Limited IPO?
The latest Grey Market Premium (GMP) for Suratwwala Business Group 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.