IPO

Sumit Woods Limited IPO

NSE SME

Offer Date: Aug 29, 2018 - Aug 31, 2018

₹ 129000 /3000 Shares

IPO Details

29 Aug, 2018

Open Date

31 Aug, 2018

Close Date

06 Sep, 2018

Allotment Date

10 Sep, 2018

Listing Date

Issue Price

Rs 43/- to Rs 45/- Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt. Ltd

Market Lot

3000 Shares (Rs 1,35,000/-)

Lead Manager

Mark Corporate Advisors Private Limited

Issue Size

Fresh Issue of 40,53,000 Equity Shares of Rs 10/- at a price of Rs 43/- to Rs 45/- per share aggregating to Rs 18.24 Cr

Retail Portion

N/A

Subscription

2,44,29,000 6.37 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved19,17,00019,17,00038,34,000
Day 1 - 29-08-185,28,000 0.28 x66,000 0.03 x5,94,000 0.15 x
Day 2 - 30-08-1820,10,000 1.05 x2,16,000 0.11 x22,26,000 0.58 x
Day 3 - 31-08-182,13,15,000 11.12 x31,14,000 1.62 x2,44,29,000 6.37 x

Valuations

Earnings Per Share (EPS)

Rs 5.06/-

P/E Ratio

8.89

RoNW

15.65%

Net Asset Value (NAV) ( post issue )

Rs 45.48/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Sumit Woods Limited1.008.8915.65%34.33
Ashiana Housing Limited1.9731.016.37%306.37
Arihant Superstructures Limited2.3821.849.38%187.96

- Promoter(s)

Company Promoter(s)

  1. Mr. Mitaram Jangid
  2. Mr. Subodh Nemlekar
  3. Mr. Bhushan Nemlekar
  4. Mrs. Sharda M. Jangid
  5. Mrs. Kavita B. Nemlekar

IPO - Issue Objectives

  1. Meet the fund requirements for execution of our Ongoing and Forthcoming Projects and other workingcapital requirements.
  2. To repay/prepay the secured loans.
  3. Meet General Corporate Expenses.
  4. Meet Public Issue Expenses.

IPO - FAQs

Ans. Sumit Woods Limited IPO is a SME IPO. The issue is priced at Rs 43/- to Rs 45/- Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on Aug 29, 2018, and closes on Aug 31, 2018. Bigshare Services Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Sumit Woods Limited IPO opens on Aug 29, 2018 and closes on Aug 31, 2018.

Ans. The size of Sumit Woods Limited IPO is Fresh Issue of 40,53,000 Equity Shares of Rs 10/- at a price of Rs 43/- to Rs 45/- per share aggregating to Rs 18.24 Cr.

Ans. The IPO price band is set between Rs 43/- to Rs 45/- Per Equity Share .

Ans. To apply for Sumit Woods Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Sumit Woods Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Sumit Woods Limited IPO is Sep 6, 2018.

Ans. The Sumit Woods Limited IPO will be listed on Sep 10, 2018.

Ans. Follow the steps to check the allotment status for Sumit Woods Limited IPO here.