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Open
29 Aug 2018
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Close
31 Aug 2018
3
Allotment
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Listing
Mon, Sep 10, 2018
Price Band
₹43 to ₹45
Issue Size
40,53,000 shares (agg. up to ₹18 Cr)
Lot Size
3,000 Shares
Listing Date
Mon, Sep 10, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.90x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 117.51 | 122.43 | 135.12 |
| Total Income | 34.33 | 46.97 | 29.61 |
| Profit After Tax | 7.75 | 3.13 | 0.75 |
| NET Worth | 49.50 | 40.26 | 36.00 |
| Reserves and Surplus | 38.66 | 32.47 | 28.24 |
| Total Borrowing | 36.46 | 46.81 | 55.66 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ratnabhumi Developers Ltd. | SME | ₹23.31 Cr | ₹63 | null | ₹63.55 | +0.87% | ₹188.00 (+0.00%) |
| Shradha Infraprojects (Nagpur) Ltd. | SME | ₹18.93 Cr | ₹70 | null | ₹70.25 | +0.36% | ₹37.14 (+5.57%) |
| Karda Constructions Ltd. | Mainboard | ₹77.40 Cr | ₹180 | null | ₹142.80 | -20.67% | ₹0.57 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the fund requirements for execution of our Ongoing and Forthcoming Projects and other working capital requirements; | 9.22 |
| 2 | To repay/prepay the secured loans | 4.00 |
| 3 | To provide funds to meet General Corporate Purpose | 4.28 |
About Sumit Woods IPO
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.+ Read More
Contact Details
Sumit Woods Ltd. AddressB-Wing, Office No-1101Opp.Reliance Office, Express ZoneW.E.Highway, Malad-EastMumbai, Maharashtra, 400097+91 22 2874 9966/77contact@sumitwoods.comVisit Website