Suratwwala Business Group Limited
Fixed Price IPO · BSE
- Price band
- ₹15 - ₹15
- Lot size
- 8,000 shares
- Issue amount
- ₹7 cr
- Total subscription
- 0×
- Opens
- 3 Aug 2020
- Closes
- 5 Aug 2020
- Allotment
- 11 Aug 2020
- Listing
- 13 Aug 2020
Offer at a glance
Issue overview
- Issue size
- 46,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,20,000
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,20,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 1,27,41,644
- Shares after issue
- 1,73,41,644
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 8,000 | ₹1,20,000 |
| HNI | 2 | 16,000 | ₹2,40,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
Suratwwala Business Group Ltd, incorporated in 2008, is a real estate development company operating mainly in Pune district, with a focus on commercial and residential projects. The company is engaged in developing, selling, and maintaining properties, and also earns income by renting out spaces on buildings and unsold areas for banners, hoardings, and telecom towers for fixed periods. It has completed a residential project comprising 16 one-bedroom apartments and a commercial project named Suratwwala Mark Plazzo Phase I, and is currently developing Phase II of the commercial project. A major share of its revenue is generated from real estate development activities across affordable and premium housing segments, while additional income comes from maintenance services charged to property owners within its projects.
Strengths
- Diversified and scalable business model.
- Strong market presence in Pune district.
- Expertise in land identification and efficient project execution.
Promoters
Mr. Jatin Dhansukhlal Suratwala
Mr. Manoj Dhansukhlal Suratwala
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
S. No. 4/38, Sumangal, First Floor, Sahakar Colony behind SBI, Off Karve Road, Erandwane, Pune, 411004, Maharashtra
+91 020 25434392
[email protected]Company website ↗Understanding SBGLP IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.