IPO Issue Details
Issue Price / Price Band₹18 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size8,000 Shares per Lot
Total Issue Size76,88,000 shares (aggregating up to ₹13.84 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenTue, 22 May 2018
Subscription CloseFri, 25 May 2018
Anchor AllotmentMon, 21 May 2018
Basis of AllotmentThu, 31 May 2018
Initiation of RefundsFri, 01 Jun 2018
Credit of Shares to DematFri, 01 Jun 2018
Listing DateMon, 04 Jun 2018
UPI Mandate Deadline2018-05-25
Application & Investment Details
Retail — Min (1 Lots)₹1,44,000 — 8,000 shares
Retail — Max (13 Lots)₹1,872,000 (13 Lots)
HNI — Min (2 Lots)₹2,88,000 — 16,000 shares
Net Offer to Public72,96,000 shares (aggregating up to ₹13.13 Cr)
Reserved for Market Maker3,92,000 shares (aggregating up to ₹0.7056 Cr)
Pre-IPO Promoter Holding2,21,20,000 shares
Post-IPO Promoter Holding2,40,08,000 shares
Fresh Issue Shares14,96,000 shares (aggregating up to ₹2.69 Cr)
Offer for Sale Shares58,00,000 shares of ₹10 (aggregating up to ₹10.44 Cr)
About Suumaya Lifestyle Ltd.
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.
Objects of the Issue
Suumaya Lifestyle Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding working capital requirements
3.02
Shareholding & Lock-in
Pre-IPO Promoter Holding
2,21,20,000 shares
Post-IPO Promoter Holding
2,40,08,000 shares