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Suumaya Lifestyle Limited IPO (Suumaya Lifestyle IPO) Detail

May 22, 2018 - May 25, 2018

Suumaya Lifestyle IPO is a fixed price issue of Rs 3.40 crores.

Suumaya Lifestyle IPO bidding started from May 22, 2018 and ended on May 25, 2018. The shares got listed on NSE SME on June 4, 2018.

Suumaya Lifestyle IPO price is ₹18 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹144,000.

Gretex Corporate Services Limited is the book running lead manager of the Suumaya Lifestyle IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Suumaya Lifestyle IPO RHP for detailed information.

Suumaya Lifestyle IPO Details

IPO Date May 22, 2018 to May 25, 2018
Listing Date June 4, 2018
Face Value ₹10 per share
Price ₹18 per share
Lot Size 8000 Shares
Total Issue Size1,888,000 shares
(aggregating up to ₹3.40 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion392,000 shares

Suumaya Lifestyle IPO Reservation

Suumaya Lifestyle IPO offers 8,080,000 shares. 3,648,000 (45.15%) to NII, 3,648,000 (45.15%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered392,000 (4.85%)
Other Shares Offered3,648,000 (45.15%)
Retail Shares Offered3,648,000 (45.15%)
Other Shares Offered392,000 (4.85%)
Total Shares Offered8,080,000 (100%)

Suumaya Lifestyle IPO Lot Size

Investors can bid for a minimum of 8000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 8000 ₹144,000
Retail (Max) 1 8000 ₹144,000
Lot Size Calculator

About Suumaya Lifestyle Limited

Incorporated in the year 2011, Suumaya Lifestyle Limited is a company engaged in the manufacturing of designer wear of women like Kurtis, ethnic tops, salwar suits etc.

The company has its own design and production house with expertise and dedicated team. It markets products under the brand name "ekka", "ira" and "tag 9". Suumaya serves its customers through retail as well as wholesale. The company has 18 employees on its payroll.

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 3,319.14 2,716.2 3,107.12 2,201.07 1,155.37
Total Revenue 21,205.77 9,053.11 3,715.78 1,547.08 0.65
Profit After Tax 44.91 31.77 4.98 11.87 (1.41)

Objects of the Issue (Suumaya Lifestyle IPO Objectives)

The Offer consists of a fresh issue of 18,88,000 Equity Shares and an offer for sale of up to 58,00,000 Equity Shares of the Company aggregating to `1383.84 Lakh by the Selling Shareholder. The Company will not receive any proceeds from the Offer for Sale. The Selling Shareholder will be entitled to the proceeds of the Offer for Sale of their respective portions of the Offered Shares, respectively net of their proportion of Offer related expenses.

The Objects of the Fresh Issue is funding working capital requirements.

Suumaya Lifestyle IPO Review (May apply)

[Dilip Davda]  

Although pricing appears reasonable on the basis of super profits for 9 months of FY18, its sustainability raises concern. Cash surplus risk savvy investors may consider investment at their own risk.

Read detail review...

Suumaya Lifestyle IPO Subscription Status (Bidding Detail)

The Suumaya Lifestyle IPO is subscribed 1.44 times on May 25, 2018 5:00:00 PM. The public issue subscribed 1.39 times in the retail category, times in the QIB category, and 1.49 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Suumaya Lifestyle IPO Prospectus

Suumaya Lifestyle IPO Rating

Rating:Rated 3.3 stars
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Suumaya Lifestyle IPO Listing Details

Listing Date June 4, 2018
BSE Script Code
ISIN INE591Q01016
Final Issue Price ₹18 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Suumaya Lifestyle Limited Contact Details

Suumaya Lifestyle Limited
Gala No.5F/D, Malad Industrial Units
Coop Soc Ltd, Kachpada, Ramchandra Lane Extension
Malad (W), Mumbai - 400 064
Phone: 022-49712096

Suumaya Lifestyle IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Suumaya Lifestyle IPO - Buy or Not

Suumaya Lifestyle IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Suumaya Lifestyle IPO FAQs

Suumaya Lifestyle IPO is a SME IPO of 1,888,000 equity shares of the face value of ₹10 aggregating up to ₹3.40 Crores. The issue is priced at ₹18 per share. The minimum order quantity is 8000 Shares.

The IPO opens on May 22, 2018, and closes on May 25, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Suumaya Lifestyle IPO opens on May 22, 2018 and closes on May 25, 2018.

Suumaya Lifestyle IPO lot size is 8000 Shares, and the minimum amount required is ₹144,000.

You can apply in Suumaya Lifestyle 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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

The Suumaya Lifestyle IPO listing date is on June 4, 2018.
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Suumaya Lifestyle IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



13. anujsme |   Link |  Bookmark |June 1, 2018 7:07:20 PM
YEH stock to 2 rs ka bhi nahi hai.
13.1. Small Investor |   Link |  Bookmark |June 4, 2018 5:19:19 PM
IPO Guru IPO Guru (2100+ Posts, 1100+ Likes)
kl pta lg jayega kon kitne ka h
13.2. Small Investor |   Link |  Bookmark |July 17, 2018 4:47:10 PM
IPO Guru IPO Guru (2100+ Posts, 1100+ Likes)
bhai ab jra gor kr lo kya value h is company ki now

at 29+
12. IPOANALYSIS |   Link |  Bookmark |May 25, 2018 11:02:25 AM
yes go for fundamental strong companies

summya is doing parties and spending money to advertise on papers and doing show off , will spent money on that only. lol.this is a clear avoid.
11. Ketanppatel |   Link |  Bookmark |May 24, 2018 1:20:38 AM
Is se achcha he dynamic cable Jo issue price ke pass aa gaya he,,, strong fundamental,,Good groth,,, sort term target 60+ after decler fin. result
10. IPOANALYSIS |   Link |  Bookmark |May 23, 2018 1:27:09 PM
Just checked the record of last 40 sme only 5 are above issue price and 35 are either same or below issue price. Such a pathetic record. I would say avoid all new sme in primary market. Look for good business from secondary market and buy instead.
9. anujsme |   Link |  Bookmark |May 23, 2018 1:20:22 AM
avoid primary market sme issues

aaj ki listing UH zaveri down 28 pc in a single day.

look at the investor wealth destroyed
this company will have same fate

8. Abhishek Shahi |   Link |  Bookmark |May 22, 2018 1:48:48 PM
Pls suggest for this IPO.
7. DownriteVJ |   Link |  Bookmark |May 22, 2018 10:35:19 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Skipping this.

6. Skyheck |   Link |  Bookmark |May 15, 2018 12:37:40 PM
Look at the figures, from 0.65 in 2013 to 21200 in 2017, does not seems real, how sebi allow this
6.1. Vikas Balar |   Link |  Bookmark |May 21, 2018 7:05:32 PM
SME Ipo need not file Prospectus/DRHP with SEBI. They file DRHP with Exchange
5. IPOANALYSIS |   Link |  Bookmark |May 21, 2018 3:57:11 PM
clear avoid
4. Sanjaydsh |   Link |  Bookmark |May 21, 2018 12:37:31 PM
Avoid IPO
3. Nilesh Parekh |   Link |  Bookmark |May 15, 2018 6:21:50 PM
Clear Avoid..... as major portion of equity proceeds will go in promoter's pocket. No Expansion. . Although Zero debt company but there are no Fixed Assets. 66% of balance sheet capital stuck in receivables. Out of proceeds of issue 301.84 lakhs will be left for working capital. Low EPS , High P/E, and Low NAV leaves nothing for you.
2. RVSIPO |   Link |  Bookmark |May 15, 2018 9:53:17 AM
its very risky. dont apply for this IPO
1. Skyheck |   Link |  Bookmark |May 14, 2018 3:24:02 PM
Avoid at all cost, minimum amount to invest is 186000, and lot of 8000 share, not much information about the company. never heard or seen their product in any store, avoid
1.1. INVESTIGATOR |   Link |  Bookmark |May 14, 2018 3:45:07 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
8000#18/- = Rs.1,44,000/-