Suyog Gurbaxani Funicular Ropeways (SGFRL) SME IPO to open on November 01 and will close on November 08, 2021. The company was incorporated in 2010 based in Mumbai. SGFRL is providing infra development and construction services. They are constructing and is going to operate a funicular ropeway at Saptashrungi God Temple, Kalwan Taluka, Nashik District, Maharashtra. The project has Funicular Ropeway System of 2 AC funicular vehicles/coaches that will carry around 60 passengers at a time and a Shopping mall with 50 shops, parking lot for over 150 vehicles, hotel with guest rooms, restaurant, and a coffee shop. The project spreads in around 10 acres of area and will be handed over to Maharashtra government as the project is with company till 2034. The company has over 100 employees and hire people on contract basis as per the work requirements.
The IPO price band is fixed at ₹45 with market lot of 3000 shares. Suyog Gurbaxani Funicular Ropeways is a BSE SME IPO and they are going to raise ₹29.50 crores via SME IPO. Check out Suyog Gurbaxani Funicular Ropeways IPO date, price band and market lot details.
Suyog Gurbaxani Funicular Ropeways IPO Review
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Suyog Gurbaxani Funicular Ropeways IPO Date & Price Band
| IPO Open: | 01 November 2021 |
| IPO Close: | 08 November 2021 |
| IPO Size: | Approx ₹29.50 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹45 Per Equity Share |
| Listing on: | BSE NSE |
| Retail Quota: | 50% |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Suyog Gurbaxani Funicular Ropeways IPO Market Lot
The Suyog Gurbaxani Funicular Ropeways IPO minimum market lot is 3000 shares with ₹135,000 application amount.
| Minimum Lot Size: | Minimum 3000 Shares for 1 lot |
| Minimum Amount: | ₹135,000 for 1 lot |
| Maximum Lot Size: | Minimum 3000 Shares for 1 lot |
| Maximum Amount: | ₹135,000 for 1 lot |
Suyog Gurbaxani Funicular Ropeways IPO Date, Time Table, Allotment & Listing
The Suyog Gurbaxani Funicular Ropeways IPO date is 01 November 2021 and the IPO close date is 08 November 2021. The allotment date is November 2021 and the IPO may list on November 2021.
| IPO Open Date: | 01 November 2021 |
| IPO Close Date: | 08 November 2021 |
| Basis of Allotment: | 11 November 2021 |
| Refunds: | 12 November 2021 |
| Credit to Demat Account: | 15 November 2021 |
| IPO Listing Date: | 16 November 2021 |
Suyog Gurbaxani Funicular Ropeways IPO Form
How to apply the Suyog Gurbaxani Funicular Ropeways IPO? You can apply Suyog Gurbaxani Funicular Ropeways IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Suyog Gurbaxani Funicular Ropeways IPO in the Invest section. The other option you can apply Suyog Gurbaxani Funicular Ropeways IPO via IPO forms download via BSE. Check out the Suyog Gurbaxani Funicular Ropeways forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Suyog Gurbaxani Funicular Ropeways Company Financial Report
| ₹ in Crores | |||||
| Assets | Revenue | Expense | PAT | ||
| 2019 | ₹94.01 | ₹7.91 | ₹11.39 | -₹3.48 | |
| 2020 | ₹88.71 | ₹13.19 | ₹15.07 | -₹1.88 | |
| 2021 | ₹86.20 | ₹4.49 | ₹12.41 | -₹7.93 | |
Company Promoters
- Mr. Rajkumar Gurbaxani
- Mr. Omprakash Gurbaxani
- Shivshankar Lature
Suyog Gurbaxani Funicular Ropeways IPO Registrar
KFintech Private Limited
Address: Selenium Tower-B, Plot 31 & 32,
Gachibowli, Financial District,
Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Telephone Number: +91 40 6716 2222
Fax No. +91 40 2343 1551
Email Id: [email protected]
Website: www.kfintech.com
Note: Check Suyog Gurbaxani Funicular Ropeways IPO allotment status on KFintech website allotment URL. Click Here
Suyog Gurbaxani Funicular Ropeways IPO Lead Managers
- Aryaman Financial Services limited
Company Address
Suyog Gurbaxani Funicular Ropeways Limited
18, Suyog Industrial Estate,
1st Floor, LBS Marg, Vikhroli West,
Mumbai – 400 083
Phone: +91 – 22 – 2579 5516
Email: [email protected]
Website: http://sgfrl.com/?v=6c8403f93333
Suyog Gurbaxani Funicular Ropeways IPO FAQs
What is Suyog Gurbaxani Funicular Ropeways IPO?
Suyog Gurbaxani Funicular Ropeways IPO is a BSE SME IPO. They are going to raise ₹29.50 Crores via IPO. The issue is priced at ₹45 per equity share. The IPO to be listed on BSE.
When Suyog Gurbaxani Funicular Ropeways IPO will open?
The IPO is to open on 01 November 2021 for NII, and Retail Investors.
What is Suyog Gurbaxani Funicular Ropeways IPO Investors Portion?
The investors’ portion for NII 50%, and Retail 50%.
How to Apply the Suyog Gurbaxani Funicular Ropeways IPO?
You can apply Suyog Gurbaxani Funicular Ropeways IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Suyog Gurbaxani Funicular Ropeways IPO through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Suyog Gurbaxani Funicular Ropeways”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
How to Apply the Suyog Gurbaxani Funicular Ropeways IPO through Upstox?
Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Suyog Gurbaxani Funicular Ropeways”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.
What is Suyog Gurbaxani Funicular Ropeways IPO Size?
Suyog Gurbaxani Funicular Ropeways IPO size is ₹29.50 crores.
What is Suyog Gurbaxani Funicular Ropeways IPO Price Band?
Suyog Gurbaxani Funicular Ropeways IPO Price Band is ₹45 per equity share.
What is Suyog Gurbaxani Funicular Ropeways IPO Minimum and Maximum Lot Size?
The minimum bid is 3000 shares with ₹135,000 amount while maximum bid is 3000 shares with ₹135,000.
What is Suyog Gurbaxani Funicular Ropeways IPO Allotment Date?
Suyog Gurbaxani Funicular Ropeways IPO allotment date is 11 November 2021.
What is Suyog Gurbaxani Funicular Ropeways IPO Listing Date?
Suyog Gurbaxani Funicular Ropeways IPO listing date is 16 November 2021. The IPO to list on BSE and NSE.
Note: The Suyog Gurbaxani Funicular Ropeways IPO details is announced officially. The IPO grey market premium (Suyog Gurbaxani Funicular Ropeways IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
