Suyog Gurbaxani Funicular Ropeways Limited IPO
BSE SME₹1,35,000 / 3000 Shares
Suyog Gurbaxani Funicular Ropeways Limited IPO Details
The Suyog Gurbaxani Funicular Ropeways Limited IPO price band is set between ₹45 per equity share, with a face value of ₹10 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 1 Nov, 2021 and closes on 8 Nov, 2021. Investors can check the allotment status on 14 Nov, 2021, while the listing date is tentatively scheduled for 16 Nov, 2021.
The total issue size is 6,555,000 Eq Shares of ₹10, aggregating up to ₹29.50 Cr. Stay tuned for the latest Suyog Gurbaxani Funicular Ropeways Limited IPO review and GMP updates.
Suyog Gurbaxani Funicular Ropeways Limited IPO Review, Rating & Analysis
Suyog Gurbaxani Funicular Ropeways Limited IPO Review
NO REVIEWSuyog Gurbaxani Funicular Ropeways Limited IPO Rating
Suyog Gurbaxani Funicular Ropeways Limited IPO Highlights
IPO Date
Nov 1, 2021 - Nov 8, 2021
Listing Date
16 Nov, 2021
Face Value
₹10 Per Equity Share
Price Band
₹45 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Suyog Gurbaxani Funicular Ropeways Limited IPO Lot Size
The minimum market lot for Suyog Gurbaxani Funicular Ropeways 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 |
Suyog Gurbaxani Funicular Ropeways Limited IPO Timeline
Issue Price
₹45 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
KFintech Private LimitedLead Manager
Aryaman Financial Services limitedIssue Size
6,555,000 Eq Shares of ₹10(aggregating up to ₹29.50 Cr)Suyog Gurbaxani Funicular Ropeways Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 86.19 | 4.47 | (7.93) | - | - | - |
| 31 Mar 20 | 88.71 | 13.19 | (1.88) | - | - | - |
| 31 Mar 19 | 94.10 | 7.90 | (3.48) | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Rajkumar Gurbaxani,
- Mr. Omprakash Gurbaxani
- Shivshankar Lature
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 90.57% | N/A% |
About Company
Suyog Gurbaxani Funicular Ropeways Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 31,11,000 | 31,11,000 | 62,22,000 |
Day 1 -01-11-21 06:00 PM | 1.15 x | 0.06 x | 0.60 x |
Day 2 -02-11-21 06:00 PM | 1.46 x | 0.12 x | 0.79 x |
Day 3 -03-11-21 06:00 PM | 1.92 x | 0.18 x | 1.05 x |
Day 4 -08-11-21 06:00 PM | 1.98 x | 0.56 x | 1.27 x |
Frequently Asked Questions about Suyog Gurbaxani Funicular Ropeways Limited IPO IPO
When will Suyog Gurbaxani Funicular Ropeways Limited IPO open for subscription?
The Suyog Gurbaxani Funicular Ropeways Limited IPO opens on 1 Nov, 2021 and closes on 8 Nov, 2021.
What is the investors portion for Suyog Gurbaxani Funicular Ropeways Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 3111000.
How to apply for Suyog Gurbaxani Funicular Ropeways Limited IPO?
You can apply for Suyog Gurbaxani Funicular Ropeways 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 Suyog Gurbaxani Funicular Ropeways Limited IPO?
The issue size of Suyog Gurbaxani Funicular Ropeways Limited IPO is approx ₹6,555,000 Eq Shares of ₹10(aggregating up to ₹29.50 Cr) crores.
What is the price band of Suyog Gurbaxani Funicular Ropeways Limited IPO?
The price band for Suyog Gurbaxani Funicular Ropeways Limited IPO is ₹45 per equity share to ₹undefined.
What is the lot size of Suyog Gurbaxani Funicular Ropeways Limited IPO?
The minimum bid (lot size) for Suyog Gurbaxani Funicular Ropeways Limited IPO is N/A shares with an investment of approx ₹1,35,000 .
What is the allotment date of Suyog Gurbaxani Funicular Ropeways Limited IPO?
The allotment date for Suyog Gurbaxani Funicular Ropeways Limited IPO is 14 Nov, 2021.
What is the listing date of Suyog Gurbaxani Funicular Ropeways Limited IPO?
The listing date for Suyog Gurbaxani Funicular Ropeways Limited IPO is expected to be 16 Nov, 2021.
What is the GMP of Suyog Gurbaxani Funicular Ropeways Limited IPO?
The latest Grey Market Premium (GMP) for Suyog Gurbaxani Funicular Ropeways 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.