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16 September 2019

IPO Synopsis

Suich Industries Ltd
Registered Office: PNo 68 3rdFlr Block No 5 W E A,Naiwala Karol Bagh , New Delhi - 110005 , New Delhi , India.
Phone : 91-11-45607111   Fax:
Email :  info@suichgroup.com  
Website :  www.suichgroup.com
Initial public offer of 41,15,200 equity shares of face value of (Rs)10 each ("equity shares") of Suich Industries Limited ("company" or "issuer") for cash at a price of (Rs)75 per equity share (including a share premium of (Rs)65 per equity share) aggregating (Rs)30.86 Crores (the "issue"). The issue includes a reservation of 2,08,000 equity shares of face value (Rs)10 each at a price of (Rs)75 per equity share aggregating (Rs)1.56 Crores for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Net issue of 39,07,200 equity shares of face value of (Rs)10 each for cash at a price of (Rs)75 per equity share, aggregating (Rs)29.30 Crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 27.00% and 25.63% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is (Rs)10 each. The Issue Price is (Rs)75 per equity share and is 7.5 times the face value of the equity share.

Issue Money Payable On
Opens On Closes On Application Allotment
30-May-19 04-Jun-19 (Rs)75.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 30.86
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 30.86  
Post Issue Equity Share Capital 15.24  
Issue Price (Rs)75.00  
 
Projects
Repayment / Pre-Payment of certain Unsecured Loans availed from banks and Financial Institutions by the companyGeneral Corporate Purposes
Funding the Working Capital Requirements of the Company
Promoted By
Gunnit Singh Allagh  
Sanchit Singh  
Listing At
BSE - SME 
Registrar to the Issue
Link Intime India Pvt Ltd 
 
Toll Free number: 1800-425-5501 / 1800-103-5501
FINANCIAL TOOLS