Suumaya Lifestyle IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 3.40 Cr. The company is based in Mumbai and caters to Textiles sector. Gretex Corporate Services is the merchant banker of Suumaya Lifestyle IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th April 2018.
Suumaya Lifestyle IPO open date is 22nd May 2018 and close date is 22nd May 2018. IPO Allotment Date is 30th November -0001 and Listing date is 4th June 2018.Suumaya Lifestyle IPO size is ₹ 3.40 Cr. with IPO price of ₹ 18.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Gretex Corporate Services Limited is the book-running lead manager of the Suumaya Lifestyle IPO. Bigshare Services Private Limited is the Registrar for Suumaya Lifestyle IPO.
Suumaya Lifestyle IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Suumaya Lifestyle IPO, based in Mumbai, operates in the Textiles sector with a focus on manufacturing of designer wear of women. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Suumaya Lifestyle IPO size is ₹ 3.40 Cr. with fresh issue size of ₹ 3.40 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Suumaya Lifestyle IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Suumaya Lifestyle IPO allotment status on the registrars website, Bigshare Services Private Limited . Suumaya Lifestyle IPO refund dates are 30th November -0001.
Suumaya Lifestyle IPO is expected to be listed on 4th June 2018.
The upper price band for the Suumaya Lifestyle IPO is set at ₹ 18.00 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 Suumaya Lifestyle 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 Suumaya Lifestyle 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 22nd May 2018. After submission, funds are blocked until the basis of allotment of Suumaya Lifestyle IPO is finalised.
The merchant banker for Suumaya Lifestyle IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Suumaya Lifestyle IPO RHP for further details.
The registrar for Suumaya Lifestyle IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Suumaya Lifestyle IPO through their official website or helpline.
Suumaya Lifestyle IPO was subscribed 1.44 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Suumaya Lifestyle IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Suumaya Lifestyle Financial Review Page
Merchant Banker(s) of Suumaya Lifestyle IPO: Gretex Corporate Services Limited
Suumaya Lifestyle IPO subscription was 1.44 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.
Suumaya Lifestyle IPO listed at a listing price of 17.85 against the offer price of 18.00.
The current market price of Suumaya Lifestyle is 2.88.
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