Sensex
83,755.87 profit arw 1,000.36 (1.21%)
Nifty
25,549.00 profit arw 304.25 (1.21%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)

GET IN TOUCH

GET IN TOUCH

IPO Details


Suich Industries Ltd
Registered Office: PNo 68 3rdFlr Block No 5 W E A, Naiwala Karol Bagh, New Delhi - 110005, New Delhi
Phone: 91-11-45607111
Email: info@suichgroup.com
Website: www.suichgroup.com
Initial public offer of 41,15,200 equity shares of face value of Rs. 10 each ("equity shares") of Suich Industries Limited ("company" or "issuer") for cash at a price of Rs. 75 per equity share (including a share premium of Rs. 65 per equity share) aggregating Rs. 30.86 Crores (the "issue"). The issue includes a reservation of 2,08,000 equity shares of face value Rs. 10 each at a price of Rs. 75 per equity share aggregating Rs. 1.56 Crores for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Net issue of 39,07,200 equity shares of face value of Rs. 10 each for cash at a price of Rs. 75 per equity share, aggregating Rs. 29.30 Crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 27.00% and 25.63% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs.10 each. The Issue Price is Rs.75 per equity share and is 7.5 times the face value of the equity share.
Issue Money Payable On
Opens On Closes On Application Allotment
30-May-2019 04-Jun-2019 75.00 0.00
Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0
()Cr. Lead Managers to the Issue
Project Cost 30.86 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 30.86
Post Issue Equity Share Capital 15.24
Issue Price 75.00
Projects
Repayment / Pre-Payment of certain Unsecured Loans availed from banks and Financial Institutions by the company
Funding the Working Capital Requirements of the Company
General Corporate Purposes
Promoted By
Gunnit Singh Allagh
Sanchit Singh
Listing At
BSE - SME
Registrar to the Issue

INDIAN INDICES

Sensex

83,755.87 1,000.36 (1.21%)

Nifty

25,549.00 304.25 (1.21%)

GLOBAL INDICES

USD

85.75 0.06 (0.95%)

NASDAQ
HANG SENG

24,325.41 -149.27(-0.61%)