Sumit Woods IPO Review, Dates, Price Band, Allotment & Market Lot

IPO Initial Public Offerings
Sumit Woods Limited is incorporated in 1997 based in Mumbai. The company is doing busiess of civil contractors and executed projects. The company has their main business of redevelopment of old buildings and residential projects in Mumbai and Goa. They already done more than 50 projects and they have more than 4500 happy customers. Sumit Woods ipo is starting from 29-August and ends on 31-August. The price band is around Rs.43-45 with 3000 market lot. The ipo size is around 18.24 crore rupees.

IPO Review:

  • Go for Long Term

Sumit Woods IPO Dates & Price Band:

  • IPO Open: 29-August-2018
  • IPO Close: 31-August-2018
  • IPO Size: Approx Rs 18.24 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.43-45 Per Equity Share
  • Listing on: NSE SME
  • Shares: 4,053,000
  • Retail Portion: 50%

IPO Market Lot:

  • Shares: Apply for 3,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,35,000

IPO Allotment & Listing:

  • Basis of Allotment: 05-September-2018
  • Refunds: 06-September-2018
  • Credit to demat accounts: 06-September-2018
  • Listing: 10-September-2018

Financial Results:

  Rs. in Crore
RevenueExpensePAT
201330.127.81.5
201419.715.82.7
201529.528.50.9
201629.628.70.7
201747.043.03.1

Sumit Woods IPO Important Links:

Company Promoters:

  • Mr. Mitaram Jangid
  • Mr. Subodh Nemlekar
  • Mr. Bhushan Nemlekar
  • Mrs. Sharda M. Jangid
  • Mrs. Kavita B. Nemlekar

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: [email protected]
Website: http://www.bigshareonline.com

IPO Lead Managers:

  • Mark Corporate Advisors Private Limited

Company Address:
Sumit Woods Limited
B-Wing, Office No-1101
Opp. Reliance Office, Express Zone
W.E.Highway, Malad-East Mumbai – 400097
Phone: +91 22 2874 9966/77
Fax: +91 22 2874 3377
Email: [email protected]
Website: http://www.sumitwoods.com/

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