Suich Industries Limited IPO (Suich Industries IPO) Detail

May 30, 2019 - Jun 4, 2019

Incorporated in 2008, Delhi-based Suich Industries Limited was previously known as Delhi Fone N Batteries Pvt Ltd. It is engaged in assembling and marketing of feature & smart phones, batteries, chargers, power bank, LED TV and smart TV under the Suich brand name.

The company imports the equipment and assembling parts from China. It has a manufacturing unit at State Infrastructure and Industrial Development Corporation of Uttarakhand Limited (SIIDCUL) in Haridwar where it assembles the products.

Recently, the company has also entered into exports business for its products. Suich Industries Limited is also involved in the trading activity of finished products between manufacturers and distributors on-demand basis. Blue Wave Trading H.K. Ltd is the wholly owned subsidiary of the company to procure the raw materials. The company has also set up a Research & Development Centre (R&D) focusing on the expansion of the product portfolio.

The competitive strength of the company are:
1. Wide product range
2. Cost-effective procurement
3. Catering to rural areas
4. Pocket-friendly products

Company Promoters:

Promoters Of the Company are Gunnit Singh Allagh and Sanchit Singh.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-18 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 11,417.98 14,042.15 7,270.70 7,895.58
Total Revenue 14,005.73 19,978.97 14,275.35 10,645.95
Profit After Tax 1,148.18 742.92 532.51 300.52

Objects of the Issue:

The Company proposes to utilise the Net Proceeds from the Issue ("Net Proceeds") towards the following objects:

1. Repayment/ pre-payment of certain unsecured loans availed from banks and financial institutions by the
2. Funding the working capital requirement of the Company; and
3. General corporate purposes

Suich Industries IPO Details

IPO DateMay 30, 2019 - Jun 4, 2019
Issue TypeBook Built Issue IPO
Issue Size4,115,200 Eq Shares of ₹10
(aggregating up to ₹30.86 Cr)
Face Value₹10 Per Equity Share
IPO Price₹73 to ₹75 Per Equity Share
Market Lot1600 Shares
Min Order Quantity1600 Shares
Listing AtBSE SME

Suich Industries IPO Tentative Date / Timetable

Bid/Offer Opens OnMay 30, 2019
Bid/Offer Closes OnJun 4, 2019
Finalisation of Basis of AllotmentJun 10, 2019
Initiation of RefundsJun 11, 2019
Credit of Shares to Demat AcctJun 12, 2019
IPO Shares Listing DateJun 13, 2019

Suich Industries IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)

Suich Industries IPO Promoter Holding

Pre Issue Share Holding95.50%
Post Issue Share Holding69.72%

Suich Industries IPO Subscription Status (Bidding Detail)

Suich Industries IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time




Shares Offered




Jun 4, 2019 18:49




Suich Industries IPO Prospectus

Suich Industries IPO Rating

Rating:Rated 3.7 stars

Vote Here ...

Suich Industries IPO Listing Date

Listing DateThursday, June 13, 2019
BSE Script Code542683
NSE Symbol
Listing InMT
IPO Price₹75 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

IPO Price
Last Trade

Suich Industries IPO Reviews / Ratings

Company Contact Information

Suich Industries Limited
Plot No - 68, 3rd Floor,
Block No. 5 W.E.A,
Naiwala, Karol Bagh New Delhi 110005,

Phone: 011-45607111

Suich Industries IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270

Suich Industries IPO FAQs

  1. 1. What is Suich Industries IPO?

    Suich Industries IPO is a SME IPO of 4,115,200 equity shares of the face value of ₹10 aggregating up to ₹30.86 Crores.

    The issue price of the IPO is ₹73 to ₹75 Per Equity Share. The minimum order quantity is 1600 Shares per application and the offer type is Book Built Issue.

    The IPO opens on May 30, 2019 and closes on Jun 4, 2019.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When Suich Industries IPO will open?

    The Suich Industries IPO opens on May 30, 2019 and closes on Jun 4, 2019.

  3. 3. How to apply for Suich Industries IPO?

    Suich Industries IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Suich Industries IPO allotment?

    The finalization of Basis of Allotment for Suich Industries IPO will be done on Jun 10, 2019, and the allotted shares will be credited to your demat account by Jun 12, 2019. Check the Suich Industries IPO allotment status.

  5. 5. When is Suich Industries IPO listing date?

    The Suich Industries IPO listing date is on Thursday, June 13, 2019, at BSE SME.
  6. 6. What is the lot size of Suich Industries IPO?

    Suich Industries IPO lot size is 1600 Shares and the minimum order quantity is 1600 Shares.

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Suich Industries IPO Review / Comments

146. KING VINOD  Aug 5, 2019 21:57
IPO Guru IPO Guru (1200+ Posts, 2800+ Likes)
Suich Industries today Low Circuit @18.85.
Issue Price 75 and today's price 18.85 that also Lower Circuit with lot of Selling Quantity.
Approximately 75% of Capital Gaya with in less then one and half month.
Payal Gangwani
145. Payal Gangwani  Jul 26, 2019 10:40
Pathetic very disappointed 29 rps .Very disgusting results..
144. deepcdsl  Jun 27, 2019 19:21
Low..low...lower ...and lower day by day...very good graph...
144.1. deepcdsl  Jul 9, 2019 06:44
It's going for deap drive...very good graph...
143. MR. KUMAR  Jun 26, 2019 12:17
SME ipo se door raho.
142. KING VINOD  Jun 26, 2019 00:35
IPO Guru IPO Guru (1200+ Posts, 2800+ Likes)
33% down from issue price with in less then 10 trading days.
Issue price @ 75, today's closing @ 51.50 (Lower Circuit)
141. KING VINOD  Jun 26, 2019 00:31
IPO Guru IPO Guru (1200+ Posts, 2800+ Likes)
Payal Gangwani
140. Payal Gangwani  Jun 20, 2019 11:10
Now showing 59 Abhi to koi chance hi nahi hai uper aane ka
139. KING VINOD  Jun 19, 2019 11:14
IPO Guru IPO Guru (1200+ Posts, 2800+ Likes)
Lower Circuit now @ 62.30.
132 Lots showing at Lower Circuit price.
139.1. KING VINOD  Jun 19, 2019 13:03
IPO Guru IPO Guru (1200+ Posts, 2800+ Likes)
Now Total Quantity 302400 placed @ Lower circuit at 62.30..
Now there is very very less chances for moving upside.
138. RAJAKUMAR  Jun 13, 2019 11:09
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
Dear Small
I0 lot booked loss at discovered price
138.14. shivani  Jun 14, 2019 11:55
2 lots
138.15. KING VINOD  Jun 17, 2019 17:25
IPO Guru IPO Guru (1200+ Posts, 2800+ Likes)
Discovery Price was 68.50
Small Investor
137. Small Investor  Jun 14, 2019 12:33
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
Parshva enterprises ltd Bse Sme
Issue price 45 and lot size is 3000
approx 3.65cr Ipo for 810000 eq shares
137.1. MR. KUMAR  Jun 17, 2019 14:04
Sabko maalom hai. Completely avoid SME ipo . Otherwise you'll be in heavy loss. See the conditions of Suich industries
Small Investor
136. Small Investor  Jun 14, 2019 12:28
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
Dear Raja,Dinesh,Priyansh and Shivani ji Are you Apply in Meera FPO
135. shivani  Jun 13, 2019 18:29
those who sold today at lc should hv waited. the closing price shows it will rise tomorrow hopefully
135.1. vatsanmb  Jun 14, 2019 11:25
Not the case so. I have sold yesterday's UC. Once, it is not able to maintain, very rare it can come up. Hence, close the position, unless you are ready to take more risk.
Darsh ipo
134. Darsh ipo  Jun 13, 2019 16:21
Dear small...
Closing rate is 71.35 not 67.55
Small Investor
134.1. Small Investor  Jun 13, 2019 17:57
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
your are right
Priyansh Agrawal
133. Priyansh Agrawal  Jun 13, 2019 16:09
Dear Rajkumar, Dinesh, small invester sold 1 lot at 71.90 and 1 lot hold
133.1. vatsanmb  Jun 13, 2019 16:36
Sold the only lot allotted @ UC (71.9), thank god atleast i didn't sold at LC.
Still at loss but okay that i waited and sold at UC. ;)
Pritesh Chavan
132. Pritesh Chavan  Jun 13, 2019 16:18
Closing is 71.35
Small Investor
131. Small Investor  Jun 13, 2019 15:38
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
Dear Raja,Dinesh,Priyansh i hold yet my allotment
131.1. VKMC  Jun 13, 2019 15:50
I sold one lot @ lower circuit and the other one @ upper circuit.
true man
130. true man  Jun 13, 2019 15:20
Small Investor
130.1. Small Investor  Jun 13, 2019 15:31
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
last trading price 71.90 and closing price is 67.55 end of the day
good moving in last time but closing at 67.55
Small Investor
130.2. Small Investor  Jun 13, 2019 15:33
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
pantamath another stock Artaz Feb today LC Circit @ 31 but now 41.75 end of the day
pantamath power back
129. KING VINOD  Jun 13, 2019 15:03
IPO Guru IPO Guru (1200+ Posts, 2800+ Likes)
Now trading at cmp 71
Small Investor
128. Small Investor  Jun 13, 2019 14:58
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
127. Splendid  Jun 13, 2019 14:46
Top Contributor Top Contributor (200+ Posts)


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