Sumit Woods Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,149,000 (28%) | — | ₹517 Cr |
| NII (HNI) | — | 1,341,000 (33%) | — | ₹603 Cr |
| Retail | — | 1,344,000 (33%) | — | ₹605 Cr |
| Market Maker | — | 219,000 (5%) | — | ₹10 Cr |
| Σ Total | — | 4,053,000 (100%) | — | ₹18,239 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹135,000 |
| Retail (Max) | 13 | 39,000 | ₹1,755,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,890,000 |
| B-HNI (Min) | 67 | 201,000 | ₹9,045,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue | 3,433 | 4,697 | 2,961 |
| Profit After Tax | 775 | 313 | 75 |
| Total Assets | 11,751 | 12,243 | 13,512 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 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
Company Overview
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.