✓
Open
30 May to 4 Jun, 2019
✓
Close
30 May to 4 Jun, 2019
3
Allotment
—
✓
Listing
Thu, Jun 13, 2019
Price Band
₹73 to ₹75
Issue Size
41,15,200 shares (agg. up to ₹31 Cr)
Lot Size
1,600 Shares
Listing Date
Thu, Jun 13, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.16x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2018 | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|---|
| Assets | 114.18 | 140.42 | 72.71 | 78.96 |
| Total Income | 140.16 | 202.79 | 144.37 | 106.58 |
| Profit After Tax | 11.48 | 7.43 | 5.33 | 3.01 |
| EBITDA | 19.32 | 16.15 | 13.18 | 9.96 |
| NET Worth | 51.73 | 40.27 | 32.85 | 27.52 |
| Reserves and Surplus | 40.60 | 29.14 | 21.72 | 16.39 |
| Total Borrowing | 34.44 | 38.44 | 28.22 | 27.31 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ pre-payment of certain unsecured loans availed from banks and financial institutions by our company | 1.13 |
| 2 | Funding the working capital requirement of the Company | 23.50 |
| 3 | General corporate purposes | 2.92 |
About Suich Industries IPO
Incorporated in 2008, Delhi-based Suich Industries Limited was previously known as Delhi Fone N Batteries Pvt Ltd. It is engaged in assembling and marketing of feature & smart phones, batteries, chargers, power bank, LED TV and smart TV under the Suich brand name. The company imports the equipment and assembling parts from China. It has a manufacturing unit at State Infrastructure and Industrial Development Corporation of Uttarakhand Limited (SIIDCUL) in Haridwar where it assembles the products. Recently, the company has also entered into exports business for its products. Suich Industries Limited is also involved in the trading activity of finished products between manufacturers and distributors on-demand basis. Blue Wave Trading H.K. Ltd is the wholly owned subsidiary of the company to procure the raw materials. The company has also set up a Research & Development Centre (R&D) focusing on the expansion of the product portfolio. The competitive strength of the company are:1. Wide product range2. Cost-effective procurement3. Catering to rural areas4. Pocket-friendly products+ Read More
Contact Details
Suich Industries Ltd. AddressPlot No-68, 3rd FloorBlock No.5 W.E.ANaiwala, Karol BaghDelhi, New Delhi, 110005011-45607111info@suichgroup.comVisit Website