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Suratwwala Business Group IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Pune and caters to Real Estate sector. Hem Securities is the merchant banker of Suratwwala Business Group IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 7th February 2020.
Suratwwala Business Group IPO open date is 3rd August 2020 and close date is 5th August 2020. IPO Allotment Date is 10th August 2020 and Listing date is 13th August 2020.
IPO
Size:
₹ 6.90 Cr.
Avg IPO Size (Sector Based)
: ₹
14.03 cr.
Sector: Real Estate
SME
IPO so far:
39
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
126
City:
Pune
SME
IPO so far:
36
Revenue (annualised):
₹
10.89
cr. 
PE
Ratio:
83.00x
Average Sector PE Ratio: 20.22x
Suratwwala Business Group IPO size is ₹ 6.90 Cr. with IPO price of ₹ 15.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Suratwwala Business Group IPO. Link Intime India Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Suratwwala Business Group IPO.
Suratwwala Business Group IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
IPO
Size:
₹ 6.90 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.03 Cr.
Sector: Real Estate
SME
IPO so far:
39
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
126
City:
Pune
SME
IPO so far:
36
Revenue (annualised):
₹ 10.75 cr.
PE
Ratio:
83.00x
Average Sector PE Ratio: 20.22x
Suratwwala Business Group IPO, based in Pune, operates in the Real Estate sector with a focus on development and construction of residential and commercial. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Suratwwala Business Group IPO size is ₹ 6.90 Cr. with fresh issue size of ₹ 6.90 Cr. and Offer for sale being ₹ Nil.
The IPO allotment date for Suratwwala Business Group IPO is expected to be 10th August 2020, after the finalization of basis of allotment. Investors can check Suratwwala Business Group IPO allotment status on the registrars website, Link Intime India Private Limited. Suratwwala Business Group IPO refund dates are 11th August 2020.
Suratwwala Business Group IPO is expected to be listed on 13th August 2020.
The upper price band for the Suratwwala Business Group IPO is set at ₹ 15.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Suratwwala Business Group IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Suratwwala Business Group IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th August 2020. After submission, funds are blocked until the basis of allotment of Suratwwala Business Group IPO is finalised.
The merchant banker for Suratwwala Business Group IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Suratwwala Business Group IPO RHP for further details.
The registrar for Suratwwala Business Group IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Suratwwala Business Group IPO through their official website or helpline.
Suratwwala Business Group IPO was subscribed 1.31 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Suratwwala Business Group IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Suratwwala Business Group Financial Review Page
Merchant Banker(s) of Suratwwala Business Group IPO: Hem Securities Limited
Suratwwala Business Group IPO subscription was 1.31 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Suratwwala Business Group IPO listed at a listing price of 16.22 against the offer price of 15.00.
The current market price of Suratwwala Business Group is 45.39.
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