The business was started by Gunnit Singh Allagh and Sanchit Allagh as a wholesale trading and distribution concern for mobile and mobile accessories in New Delhi, India. After gaining experience and foreseeing the opportunity in the Indian mobile market, they incorporated the Company in 2008 initially for
manufacturing of mobile phone batteries and mobile phone chargers.
To reap the benefits of tax incentives, they strategically purchased land and set up a manufacturing facility at State Infrastructure and Industrial Development Corporation of Uttarakhand Limited (SIIDCUL) in Haridwar, Uttarakhand spread over an area of 7,500 sq. meters. The Company through its subsidiary as well as individually imports the parts and equipment from China and assemble them at their manufacturing facility situated at Haridwar.
To reap the benefits of tax incentives, they strategically purchased land and set up a manufacturing facility at State Infrastructure and Industrial Development Corporation of Uttarakhand Limited (SIIDCUL) in Haridwar, Uttarakhand spread over an area of 7,500 sq. meters. The Company through its subsidiary as well as individually imports the parts and equipment from China and assemble them at their manufacturing facility situated at Haridwar.
Suich Industries Limited IPO Details
|
|
---|---|
Issue Open | 30-05-2019 |
Issue Close | 04-06-2019 |
Allotment Date | 10-06-2019 |
Unblocked Amount | 11-06-2019 |
Listing Date | 12-06-2019 |
Issue Share | 41,15,200 Total Equity Share 2,08,000 Reserved by Market Maker 39,07,200 Equity Share |
Issue Size | ₹ 30.86 Cr |
IPO Price Band | ₹ 73-75 |
Minimum Share Bid | 1600 |
Minimum Investment Amount [Rs] | ₹ 1,20,000 |
Face Value | ₹ 10 |
Retail Allocation | 50% |
Listing On | BSE SME |
Suich Industries Limited IPO Grey Market Premium GMP]
|
||||
---|---|---|---|---|
Latest Update | Premium | Kostak | Subject to Sauda | Recommended |
29-05-2019 : 08:00 AM | - | - | - | - |
Suich Industries Limited IPO Financial details [in Rs, Cr]
|
||||
---|---|---|---|---|
Financial Year | Total Assets | Total Revenue | Total Expenses | Profit After Tax |
FY-2014 | - | - | - | - |
FY-2015 | - | - | - | - |
FY-2016 | 78.96 | 106.58 | 102.46 | 3.00 |
FY-2017 | 72.71 | 144.37 | 138.09 | 5.32 |
FY-2018 | 140.42 | 202.79 | 194.09 | 7.43 |
Dec-2018 | 114.18 | 140.16 | 140.16 | 11.49 |
Suich Industries Limited IPO Valuation Details
|
|
---|---|
Earnings Per Share [EPS] | ₹ 6.68 |
Price/Earnings [P/E] Ratio | - |
Return on Net Worth [RoNW] | 18.45 % |
Net Asset Value [NAV] | ₹ 36.19 Per Share |
Suich Industries Limited IPO Subscription Details
|
|||
---|---|---|---|
As on Date | QIB/NII | RII | Total |
Shared Offered | 19,53,600 | 19,53,600 | 39,07,200 |
Day-1 [30-05-2019] | 10,03,200 [0.51] | 6,06,400 [0.31] | 16,09,600 [0.41] |
Day-2 [31-05-2019] | 12,22,400 [0.63] | 11,64,800 [0.60] | 23,87,200 [0.61] |
Day-3 [03-06-2019] | 20,19,200 [1.03] | 17,74,400 [0.91] | 37,93,600 [0.97] |
Day-4 [04-06-2019] | 25,69,600 [1.32] | 28,65,600 [1.47] | 54,35,200 [1.39] |
Suich Industries Limited IPO Grey Market Premium
|
---|
Check Grey Market Premium :- Click Here |
Suich Industries Limited IPO Allotment Status
|
---|
Check Allotment Status :- Click Here |
Live Subscription for Suich Industries Limited IPO
|
---|
Check Live Subscription :- Click Here |
Download Suich Industries Limited IPO RHP & ASBA e-Forms
|
---|
Download RHP :- Click Here to Download Download e-Forms BSE:- Click Here to Download |
Suich Industries Limited IPO Recommendations
|
---|
Live IPO Team Recommendation:- Neutral |
Suich Industries Limited IPO Contact Details
|
---|
Suich Industries Limited
Plot No - 68, 3rd Floor, Block No. 5 W.E.A, Naiwala, Karol Bagh New Delhi 110005 India; Tel. No.: 011-45607111 E-mail: info@suichgroup.com Website: www.suichgroup.com |
Registrar of Suich Industries Limited IPO
|
---|
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai – 400 083, Maharashtra , India Tel: +91 22 4918 6200 Fax: +91 22 4918 6195 Website: www.linkintime.co.in Email: suich.ipo@linkintime.co.in Investor Grievance Id: suich.ipo@linkintime.co.in Contact Person: Shanti Gopalkrishnan SEBI Registration Number: INR000004058 |
Lead Managers of Suich Industries Limited IPO
|
---|
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
406-408, Keshava Premises, Behind Family Court, Bandra Kurla Complex, Bandra East, Mumbai – 400 051, Maharashtra, India Tel: +91-22 6194 6700 Fax: +91-22 2659 8690 Website: www.pantomathgroup.com Email: ipo@pantomathgroup.com Investor Grievance Id: ipo@pantomathgroup.com Contact Person: Hardik Bhuta SEBI Registration No:INM000012110 |
Disclaimer:-
|
---|
• I request all investors, before applying for any IPO, please check the fundamentals and financial condition of the company and then applying to any IPO.
• www.liveipo.in will not be responsible for any kind of losses. So apply to any IPO at your risk
• We are not buying or selling any IPO forms regarding IPO Grey Market premium. We are only provide only recommendation of any IPO.
• Please do not subscribe to any IPO by just seeing the Grey Market Premium Price. It can change at any time.
|
0 Response to "Suich Industries Limited IPO Details"
Post a Comment