59  Total SME IPOs listed in 2025

2,613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Suyog Gurbaxani Funicular Ropeways Limited IPO (Suyog Gurbaxani Funicular Ropeways IPO) Detail

Suyog Gurbaxani Funicular Ropeways IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Engineering sector. Aryaman Financial Services is the merchant banker of Suyog Gurbaxani Funicular Ropeways IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th September 2021.

Suyog Gurbaxani Funicular Ropeways IPO open date is 1st November 2021 and close date is 8th November 2021. IPO Allotment Date is 11th November 2021 and Listing date is 16th November 2021.

IPO Category : SME
Exchange : BSE SME
Issue Type : Fixed Price

IPO Key Highlights

  • IPO Size: ₹ 29.50 Cr. Avg IPO Size (Sector Based) : ₹ 23.06 cr.
  • Sector: Engineering SME IPO so far: 99
  • Merchant Banker: Aryaman Financial SME IPO by BRLM so far: 86
  • City: Mumbai SME IPO so far: 280
  • Revenue (annualised): ₹ 0.00 cr.
            (annualised): ₹ 9.20 cr.
  • PE Ratio: 0.00x Average Sector PE Ratio: 15.16x

Suyog Gurbaxani Funicular Ropeways IPO Date

Date of DRHP:
9th September 2021
IPO Open Date:
1st November 2021
IPO Closing Date:
8th November 2021
IPO Allotment Date:
11th November 2021
Initiation of Refund:
12th November 2021
IPO Listing Date:
16th November 2021

Suyog Gurbaxani IPO Info, Size, Subscription

Suyog Gurbaxani Funicular Ropeways IPO size is ₹ 29.50 Cr. with IPO price of ₹ 45.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 29.50 Cr.

Issue Price:
₹ 45.00

Market Capitalisation :
[●]

PE multiple :
0.00

Subscription :
1.27 times

Pre Issue Promoter Holding :
90.57 %

Post Issue Promoter Holding :
64.78 %

Suyog Gurbaxani Funicular Ropeways IPO Information

Sub Sector : Infrastructure development and constructions company
Suyog Gurbaxani Funicular Ropeways an infrastructure development and constructions company engaged in building & operating the Funicular Ropeways Systems. The Company is currently involved in an Infrastructural Development project through a Build, Operate and Transfer mode (“BOT”) wherein, they have completed the construction of a Funicular Ropeway System project (also known as Incline Ropeways) at Saptashrungi Gad Temple situated at Vani, Nashik, Maharashtra. Saptashrungi Gad Temple is a popular destination for devotees where people come from all over India for taking the blessings of Goddess and this temple experiences a large number of visitors throughout the years and also experiences some of the peak seasons at the time of Navratri festivals which happens two times in a year. Their project is spread over in an
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Object of Issue (Suyog Gurbaxani IPO Objectives)

  • Repayment of loans
  • Funding expenditure for general corporate purposes

Aryaman Financial Services Limited is the book-running lead manager of the Suyog Gurbaxani Funicular Ropeways IPO. Kfin Technologies Limited is the Registrar and Market Maker is Aryaman Capital Markets Limited for Suyog Gurbaxani Funicular Ropeways IPO.

Suyog Gurbaxani IPO Market Maker

Aryaman Capital Markets Limited

Suyog Gurbaxani IPO Registrar (RTA)

Kfin Technologies Limited

Suyog Gurbaxani IPO Lead Manager (BRLM)

Aryaman Financial Services Limited

Suyog Gurbaxani Funicular Ropeways IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Suyog Gurbaxani Funicular Ropeways IPO?

Suyog Gurbaxani Funicular Ropeways IPO, based in Mumbai, operates in the   Engineering sector with a focus on Infrastructure development and constructions company. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Suyog Gurbaxani Funicular Ropeways IPO size is ₹ 29.50 Cr. with fresh issue size of ₹ 6.75 Cr. and Offer for sale being ₹ 22.75Cr.

When is Suyog Gurbaxani IPO allotment?

The IPO allotment date for Suyog Gurbaxani Funicular Ropeways IPO is expected to be 11th November 2021, after the finalization of basis of allotment. Investors can check Suyog Gurbaxani Funicular Ropeways IPO allotment status on the registrars website, Kfin Technologies Limited. Suyog Gurbaxani Funicular Ropeways IPO refund dates are 12th November 2021.

When is Suyog Gurbaxani Funicular Ropeways IPO listing date?

Suyog Gurbaxani Funicular Ropeways IPO is expected to be listed on 16th November 2021.

What is the price band for Suyog Gurbaxani IPO?

The upper price band for the Suyog Gurbaxani Funicular Ropeways IPO is set at ₹ 45.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Suyog Gurbaxani Funicular Ropeways IPO Review?

For IPO analysis on Suyog Gurbaxani Funicular Ropeways 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.

How to Apply for Suyog Gurbaxani Funicular Ropeways IPO?

To apply for the Suyog Gurbaxani Funicular Ropeways 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 8th November 2021. After submission, funds are blocked until the basis of allotment of Suyog Gurbaxani Funicular Ropeways IPO is finalised.

Who is the merchant banker of Suyog Gurbaxani IPO?

The merchant banker for Suyog Gurbaxani Funicular Ropeways IPO is Aryaman Financial Services Limited . Aryaman Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Suyog Gurbaxani Funicular Ropeways IPO RHP for further details.

Who is the Registrar of Suyog Gurbaxani Funicular Ropeways IPO?

The registrar for Suyog Gurbaxani Funicular Ropeways IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Suyog Gurbaxani Funicular Ropeways IPO through their official website or helpline.

What is the Suyog Gurbaxani Funicular Ropeways IPO subscription?

Suyog Gurbaxani Funicular Ropeways IPO was subscribed 1.27 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 29.50 Cr. Avg IPO Size (Sector Based) : ₹ 23.06 Cr.
  • Sector: Engineering SME IPO so far: 99
  • Merchant Banker: Aryaman Financial SME IPO by BRLM so far: 86
  • City: Mumbai SME IPO so far: 280
  • Revenue (annualised): [●]
            PAT: (annualised): ₹ -9.28 cr.
  • PE Ratio: 0.00x Average Sector PE Ratio: 15.16x
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FAQs

Suyog Gurbaxani Funicular Ropeways IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Suyog Gurbaxani Funicular Ropeways Financial Review Page

Suyog Gurbaxani Funicular Ropeways IPO subscription was 1.27 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.

Suyog Gurbaxani Funicular Ropeways IPO listed at a listing price of 45.10 against the offer price of 45.00.

The current market price of Suyog Gurbaxani Funicular Ropeways is 149.55.

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