Suumaya Lifestyle Limited IPO (Suumaya Lifestyle IPO) Detail

May 22, 2018 - May 25, 2018

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 Promoters:

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

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:

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 Details

IPO DateMay 22, 2018 - May 25, 2018
Issue TypeFixed Price Issue IPO
Issue Size1,888,000 Eq Shares of ₹10
(aggregating up to ₹3.40 Cr)
Face Value₹10 Per Equity Share
IPO Price₹18 Per Equity Share
Market Lot8000 Shares
Min Order Quantity8000 Shares
Listing AtNSE SME

Suumaya Lifestyle IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum18000₹144,000
Maximum18000₹144,000

Suumaya Lifestyle IPO Subscription Status (Bidding Detail)

Suumaya Lifestyle IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

3,648,000

3,648,000

7,296,000

May 25, 2018 17:00

1.49x

1.39x

1.44x

Suumaya Lifestyle IPO Prospectus

Suumaya Lifestyle IPO Rating

50
3.3
Rating:Rated 3.3 stars

Vote Here ...

Suumaya Lifestyle IPO Listing Date

Listing DateMonday, June 4, 2018
BSE Script Code
NSE SymbolSUULD
Listing In
ISININE591Q01016
IPO Price₹18 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹18.00
Open:₹18.00
Low:₹17.60
High:₹18.00
Last Trade:₹17.85
Volume:1,296,000

Suumaya Lifestyle IPO Reviews / Ratings

Company Contact Information

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/

Suumaya Lifestyle IPO Registrar

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 FAQs

  1. 1. What is Suumaya Lifestyle IPO?

    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 price of the IPO is ₹18 Per Equity Share. The minimum order quantity is 8000 Shares per application and the offer type is Fixed Price Issue.

    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.

  2. 2. When Suumaya Lifestyle IPO will open?

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

  3. 3. How to apply for Suumaya Lifestyle IPO?

    Suumaya Lifestyle 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 Suumaya Lifestyle IPO allotment?

    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.

  5. 5. When is Suumaya Lifestyle IPO listing date?

    The Suumaya Lifestyle IPO listing date is on Monday, June 4, 2018, at NSE SME.
  6. 6. What is the lot size of Suumaya Lifestyle IPO?

    Suumaya Lifestyle IPO lot size is 8000 Shares and the minimum order quantity is 8000 Shares.

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Suumaya Lifestyle IPO Review / Comments

anujsme
13. anujsme  Jun 1, 2018 19:07
YEH stock to 2 rs ka bhi nahi hai.
Small Investor
13.1. Small Investor  Jun 4, 2018 17:19
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
kl pta lg jayega kon kitne ka h
Small Investor
13.2. Small Investor  Jul 17, 2018 16:47
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
bhai ab jra gor kr lo kya value h is company ki now

at 29+
IPOANALYSIS
12. IPOANALYSIS  May 25, 2018 11:02
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.
Ketanppatel
11. Ketanppatel  May 24, 2018 01:20
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
IPOANALYSIS
10. IPOANALYSIS  May 23, 2018 13:27
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.
anujsme
9. anujsme  May 23, 2018 01:20
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

Abhishek Shahi
8. Abhishek Shahi  May 22, 2018 13:48
Pls suggest for this IPO.
DownriteVJ
7. DownriteVJ  May 22, 2018 10:35
IPO Guru IPO Guru (1200+ Posts, 1100+ Likes)
Skipping this.

Avoid.
Skyheck
6. Skyheck  May 15, 2018 12:37
Look at the figures, from 0.65 in 2013 to 21200 in 2017, does not seems real, how sebi allow this
Vikas Balar
6.1. Vikas Balar  May 21, 2018 19:05
SME Ipo need not file Prospectus/DRHP with SEBI. They file DRHP with Exchange
IPOANALYSIS
5. IPOANALYSIS  May 21, 2018 15:57
clear avoid
Sanjaydsh
4. Sanjaydsh  May 21, 2018 12:37
Avoid IPO
Nilesh Parekh
3. Nilesh Parekh  May 15, 2018 18:21
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.
RVSIPO
2. RVSIPO  May 15, 2018 09:53
its very risky. dont apply for this IPO
Skyheck
1. Skyheck  May 14, 2018 15:24
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
INVESTIGATOR
14.1. INVESTIGATOR  May 14, 2018 15:45
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
8000#18/- = Rs.1,44,000/-






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