IPO

Suyog Gurbaxani Funicular Ropeways Limited IPO

BSE SME

Listed On: Nov 16, 2021 at ₹ 45.45

₹ 135000 /3000 Shares

Check Allotment

IPO Details

01 Nov, 2021

Open Date

08 Nov, 2021

Close Date

14 Nov, 2021

Allotment Date

16 Nov, 2021

Listing Date

Issue Price

₹45 per equity share

Face Value

₹10 Per Equity Share 

Listing at Group

BSE SME

Registrar

KFintech Private Limited

List Price

45.45

Listing Date

2021-11-16

Market Lot

3000 Shares (₹1,35,000/-)

Lead Manager

Aryaman Financial Services limited

Issue Size

6,555,000 Eq Shares of ₹10(aggregating up to ₹29.50 Cr)

Retail Portion

N/A

Subscription

1.27 times

IPO Docs

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved31,11,00031,11,00062,22,000
Day 1 - 01-11-21 06:00 PM1.15 x0.06 x0.60 x
Day 2 - 02-11-21 06:00 PM1.46 x0.12 x0.79 x
Day 3 - 03-11-21 06:00 PM1.92 x0.18 x1.05 x
Day 4 - 08-11-21 06:00 PM1.98 x0.56 x1.27 x

Valuations

Earnings Per Share (EPS)

(3.19))/-

P/E Ratio

(14.10))

RoNW

(113.58))%

Net Asset Value (NAV) - Post Issue

₹6.76/-

Company Financials All values are in ₹ Cr.

31-Mar-2131-Mar-2031-Mar-19
Assets86.1988.7194.10
Revenue4.4713.197.90
Profit After Tax(7.93)(1.88)(3.48)

- Promoter(s)

Pre Issue Share Holding: 90.57%

Post Issue Share Holding: N/A%


Company Promoter(s)

  1. Mr. Rajkumar Gurbaxani,
  2. Mr. Omprakash Gurbaxani
  3. Shivshankar Lature

IPO - Issue Objectives

  1. Repayment of loans
  2. Funding expenditure for general corporate purposes

IPO - FAQs

Ans. Suyog Gurbaxani Funicular Ropeways Limited IPO is a SME IPO. The issue is priced at ₹45 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Nov 1, 2021, and closes on Nov 8, 2021. KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Suyog Gurbaxani Funicular Ropeways Limited IPO opens on Nov 1, 2021 and closes on Nov 8, 2021.

Ans. The size of Suyog Gurbaxani Funicular Ropeways Limited IPO is 6,555,000 Eq Shares of ₹10(aggregating up to ₹29.50 Cr).

Ans. The IPO price band is set between ₹45 per equity share.

Ans. To apply for Suyog Gurbaxani Funicular Ropeways Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Suyog Gurbaxani Funicular Ropeways 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 Suyog Gurbaxani Funicular Ropeways Limited IPO is Nov 14, 2021.

Ans. The Suyog Gurbaxani Funicular Ropeways Limited IPO will be listed on Nov 16, 2021.

Ans. Follow the steps to check the allotment status for Suyog Gurbaxani Funicular Ropeways Limited IPO here.