IPO SYNOPSIS

Suumaya Industries Ltd
Registered Office:
Gala No.5F/D Malad Industrial,Unit Coop Soc Ltd Malad (W),
Mumbai - 400064,
Maharashtra, India.
Website :  www.suumaya.com
Public offer of 76,88,000 equity shares of (₹)10/- each ("equity shares") of Suumaya Lifestyle Limited ("SLL" or the "company") for cash at a price of (₹)18 per share (the "offer price"), aggregating to (₹)13.84 Crores ("the offer") consisting of fresh isue of upto 18,88,000 equity shares aggregating to (₹)3.40 Crores and an offer for sale of 58,00,000 equity shares by the selling shareholder aggregating to (₹)10.44 Crores ("offer for sale"), of which upto 3,92,000 equity shares of (₹) 10/- each will be reserved for subscription by market makers to the offer (the "market maker reservation portion"). The offer less market maker reservation portion i.e. Offer of upto 72,96,000 equity shares of (₹) 10/- each is hereinafter referred to as the "net offer". The offer and the net offer will constitute 32.98% and 30.39% respectively of the post offer paid up equity share capital of the company. The face value of equity shares is (₹) 10 each and the offer price of 18 is 1.8 time of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
22-May-18
25-May-18
18.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 8000     Further Multiples of : 8000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
13.84
Gretex Corporate Services Pvt Ltd
Project Financed
13.84
 
Post Issue
24.00
 
Issue Price
18.00
 
Projects
Funding Working Capital Requirements
Promoted By
Ishita Mehesh Gala
Indiacredit Risk ManagementLLP
Listing At
NSE - SME
Registrar to the Issue
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