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Suumaya Lifestyle Limited SMS IPO
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| Issue Open |
May 22, 2018 - May 25, 2018
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| Issue Price |
Rs 18 Per Equity Share |
| Market Lot |
8000 Shares |
| Minimum Order Quantity |
8000 Shares |
| Issue Size |
18,88,000 Equity Shares of Rs 10 aggregating up to Rs 3.40 Cr |
| Face Value |
Rs 10/- |
| Listing At |
NSE SME |
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
Objects of Suumaya Lifestyle Limited - SME IPO:
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.
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