Issue Price
₹45
Per Share
GMP
NIL
Grey Market
Est. Listing
₹45
Expected Price
Min. Application
₹270,000
2 lots × 3000 shares
Incorporated in 1997, Mumbai based Sumit Woods Limited is a company engaged in the business of civil contractors and executed projects for Modern Bread, Railway Officers and Government Holiday Homes.The company's first project was Kandivali Mitnayan Co-Op Housing Society with a built up area of 26000 Sqft. completed in the year 2004. Since then it has completed 19 projects.During 2012-17, the main business activities of the company were redevelopment of Old Buildings, (CESS Building Redevelopment / MHADA Redevelopment), and residential projects in Mumbai and Goa.Sumit Woods is a patron member of MCHI, CREDAI Mumbai. The company has handed over more than 4,500 units across 2.86 million square feet.The company has 33 permanent employees on its payroll.
Sumit Woods Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 219,000 | — | ₹0.99 Cr | — |
| TOTAL | 4,053,000 | 100.00% | ₹18.24 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹135,000 |
| Retail (Max) | 13 | 39,000 | ₹1,755,000 |
| sNII (Min) | 14 | 42,000 | ₹1,890,000 |
| bNII (Min) | 68 | 204,000 | ₹9,180,000 |
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 3433.13 | 4697.31 | 2961.14 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 774.53 | 313.26 | 74.98 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 11750.88 | 12243.12 | 13512.35 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |