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.
The promoters of the Company are Ms. Ishita Mahesh Gala and Indiacredit Risk Management LLP. Indiacredit Risk Management LLP is engaged in activities auxiliary to financial intermediation. The designated Partners of Indiacredit Risk Management LLP are-
1.Amisha Sanjay Shah
2. Ushik Mahesh Gala
| 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) | |
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.
| IPO Opening Date | May 22, 2018 |
| IPO Closing Date | May 25, 2018 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹18 per equity share |
| Market Lot | 8000 Shares |
| Min Order Quantity | 8000 Shares |
| Listing At | NSE SME |
| Issue Size | 1,888,000 Eq Shares of ₹10 (aggregating up to ₹3.40 Cr) |
The Suumaya Lifestyle IPO market lot size is 8000 shares. A retail-individual investor can apply for up to 1 lots (8000 shares or ₹144,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 8000 | ₹144,000 |
| Maximum | 1 | 8000 | ₹144,000 |
The Suumaya Lifestyle IPO is subscribed 1.44x times on May 25, 2018 17:00. The public issue subscribed 1.39x in the retail category, in the QIB category, and 1.49x in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | IPO Subscription |
|---|---|
| NII | 1.49x |
| RII | 1.39x |
| Total | 1.44x |
| Listing Date | Monday, June 4, 2018 |
| BSE Script Code | |
| NSE Symbol | SUULD |
| Listing In | |
| ISIN | INE591Q01016 |
| IPO Price | ₹18 per equity share |
| Face Value | ₹10 per equity share |
|
|
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
Email: info@suumayalifestyle.com
Website: http://www.suumayalifestyle.com/
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
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 equity 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 order quantity is 8000 Shares.
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, Edelweiss, 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.
Useful Articles
Compare Share Broker in India
Download Our Mobile App
Visit our other websites
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading Homepage
Options Overview
Benefits & Risks of Options
Options Pricing
Options Trading FAQs
Options Trading Glossary
Broker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI Homepage
Best NRI Trading Account
Best NRI 3-in-1 Account
Top 10 Discount Brokers
Top 10 Full-Service Brokers
NRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc
IPO Guru (1400+ Posts, 700+ Likes)
Top Contributor (200+ Posts, 100+ Likes)