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Suncare Traders Ltd IPO (Suncare Traders IPO) Detail

Dec 15, 2015 - Dec 18, 2015

incorporated in 1997, Suncare Traders Ltd (SCTL) is in the business of trading into laminates, plywood/MDF. It has exclusive distributorship of Olive brand laminates manufactured by Bloom Dekor Limited.

In the initial year SCTL worked as distributors of laminates, MDF in Gujarat and later on in the year 2009 it started branch at Hyderabad, Jaipur, Chennai, Bhiwandi and Chandigarh. At present, the Company is having its branch at Jaipur for catering the demand of Rajasthan and at Bhiwandi for catering the demand of Maharashtra. The Company trades in laminates with varieties like Olive, Olive Saga, Olive Garden, Post Mail Sheet and Sigma etc.

Objects of the Issue

The objects of this Issue are:

1. To invest in a joint venture by acquiring 50% stake in Madhav Power Private Limited;
2. To Invest in a joint venture by providing debt of Rs 500.00 lacs to Madhav Power Private Limited (MPPL);
3. General Corporate Purpose;
4. Public Issue expenses.

Suncare Traders IPO Details

IPO Date Dec 15, 2015 to Dec 18, 2015
Listing Date Tuesday, December 29, 2015
Face Value ₹10 per share
Price ₹64 per share
Lot Size 1600 Shares
Issue Size3,784,000 shares of ₹10
(aggregating up to ₹24.22 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The promoters of the company are:

Corporate Promoter:

1. Karan Interiors Limited

Suncare Traders IPO Lot Size

The Suncare Traders IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹102,400).

Application Lots Shares Amount
Retail (Min) 1 1600 ₹102,400
Retail (Max) 1 1600 ₹102,400

Suncare Traders IPO Review

There is no harm in giving this exorbitantly priced offer a miss.

Read detail review...

Suncare Traders IPO Prospectus

Suncare Traders IPO Rating

19
3.5
Rating:Rated 3.5 stars
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Suncare Traders IPO Listing Date

Listing Date Tuesday, December 29, 2015
BSE Script Code 539526
NSE Symbol
Listing In MT Group of Securities
ISIN INE452S01017
IPO Price ₹64 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹64.00
₹64.70
₹63.65
₹64.70
₹64.40

Company Contact Information

Suncare Traders Ltd
7, Shree Shakti Estate,
Behind Milan Complex,
Sarkhej- Sanand Cross Road, Sarkhej- Ahmedabad
Phone: 079-29096047
Email: bloombazar@yahoo.co.in
Website: http://www.sctl.in

Suncare Traders IPO Registrar

Satellite Corporate Services Private Limited

Phone: +91-22- 28520461/462
Email: service@satellitecorporate.com
Website: http://www.satellitecorporate.com

Suncare Traders IPO Review

Suncare Traders IPO Recommendation Summary

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Suncare Traders IPO FAQs

Suncare Traders IPO is a SME IPO of 3,784,000 equity shares of the face value of ₹10 aggregating up to ₹24.22 Crores. The issue is priced at ₹64 per share. The minimum order quantity is 1600 Shares.

The IPO opens on Dec 15, 2015, and closes on Dec 18, 2015.

Satellite Corporate Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Suncare Traders IPO opens on Dec 15, 2015 and closes on Dec 18, 2015.

Suncare Traders IPO lot size is 1600 Shares and the minimum order quantity is .

You can apply in Suncare Traders IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Suncare Traders IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Suncare Traders IPO allotment status.

The Suncare Traders IPO listing date is on Tuesday, December 29, 2015.
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Suncare Traders IPO Message Board

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8 Comments

7. Madhu ipo king |   Link |Feb 8, 2016 2:03:18 PM
sold 40 @ 179.90 & 40 @ 184.90 average 182.40 @ small loss will recover from other ipo happy now !!!!
6. Chem cho |   Link |Feb 4, 2016 4:16:57 PM
IPO Guru IPO Guru (2500+ Posts, 2600+ Likes)
sbi , hdfc till 2 pm

icici direct may be upto 2pm or 3pm but not sure , but not after 3pm
5. chanchal GOYAL |   Link |Jan 11, 2016 1:18:03 PM
PLZ ADD M ON IPO ALERT GORUP 78770 48603
4. Pramad |   Link |Dec 25, 2015 10:11:45 AM
Can any one tell me when ASBA is compulsory in IPO?
4.1. starripo |   Link |Dec 25, 2015 10:13:48 AM
From 1 January ...
3. Seller |   Link |Dec 23, 2015 11:08:26 AM
Hi All,
Please answer my question.
1. What the process to Sell IPO application ?
3. I hold demat Account with ICICDirect.com
Many Thanks
Seller
2. Dilip Davda |   Link |Dec 16, 2015 6:40:00 PM
Exorbitantly priced IPO at a P/E of 900 plus. No harm in giving it a miss.

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

1. DURAISWAMY |   Link |Dec 16, 2015 11:48:25 AM
HARD EARNED MONEY WILL BE TRAPPED . BECANO BUYERS FOR FUNNY SOFTWARE AND AMSONS APPARELS ETC., FUNNY SOFTWARE ISSUE PRICE WAS RS 14.(10000*14=140000) NOW THERE ARE NO BUYERS FOR LOWER CIRCUIT LIMIT OF 9.46 AND AMSONS APPARELS LTD SAME. IF YOU HAVE DOUBT ASK DD or your broker... check the price at www.bseindia.com or m.bseindia.com site on monday. BEWARE OF SME IPO