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Suratwwala Business Group Ltd
Registered Office:
S No 4/38 Sumangal First Floor,SahakarCol behindSBI Erandwane, Pune - 411004, Maharashtra, India. Phone : 91-20-25434392 Fax:
Email :
cs@suratwwala.co.in
Website :
www.suratwwala.co.in
Initial Public Offer of 46,00,000 Equity Shares of face value of Rs. 10 each (the "Equity Shares") of Suratwwala Business Group Limited ("the company" or "sbgl" or "the issuer") at an issue price of Rs. 15 per Equity Share for cash, aggregating up to Rs. 6.9 Crores ("public issue") out of which 240000 Equity Shares of face value of Rs. 10 each, at an issue price of Rs. 15 per equity Share for cash, aggregating Rs. 0.36 Crores will be reserved for subscription by the market maker to the issue (the "market Maker reservation portion"). The public issue less market maker reservation portion i.e. Issue of 4360000 Equity Shares of face value of Rs. 10 each, at an issue price of Rs. 15 per Equity Share for cash, aggregating upto Rs. 6.54 Crores is herein after referred to as the "net issue". The public issue and net issue will constitute 26.53% and 25.49% respectively of the post issue paid-up Equity Share capital of the company. The face value of equity shares 1.5 times of the equity shares.
Issue
Opens On
Closes On
03-Aug-20
05-Aug-20
Money Payable On
Application
Allotment
15.00
0.00
Minimum Application for shares in Nos : 8000 Further Multiples of : 8000
Cr
Lead Managers to the Issue
Project Cost (
.Cr)
6.90
Hem Securities Ltd
Project Financed through Current Offer (
.Cr)
6.90
Post Issue Equity Share Capital (
.Cr)
17.34
Issue Price (
)
15.00
Projects
To Meet Working Capital Requirements
General Corporate Purpose
Promoted By
Jatin Dhansukhlal Suratwala
Manoj Dhansukhlal Suratwala
Listing At
BSE - SME
Registrar to the Issue
No Data Available
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