Suratwwala Business Group Ltd - Prospectus Synopsis

Suratwwala Business Group Ltd RHP

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 Money Payable On
Opens On Closes On Application Allotment
03-Aug-2020 05-Aug-2020 Rs 15 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 8000 Further Multiples of : 8000
  Rs Cr Lead Managers to the Issue
Project Cost 6.9 Hem Securities Ltd
Project Financed through Current Offer 6.9  
Post Issue Equity Share Capital 17.34  
Issue Price Rs. 15  
Projects
To Meet Working Capital Requirements
Promoted By Listing At Registrar to the Issue
Jatin Dhansukhlal Suratwala
Manoj Dhansukhlal Suratwala
BSE - SME Link Intime India Pvt Ltd
 

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