31 Mar 2019
Assets94.11
Total Income7.91
Profit After Tax-3.48
NET Worth16.80
Reserves and Surplus-3.48
Total Borrowing71.27
At a glance
Updated 2026-09-18The shares listed at ₹45.45, a 1.00% move from the issue price. Suyog Gurbaxani Funicular Ropeways is a SME IPO with an issue size of ₹29.50 crore, proposed for listing on BSE SME. The offer opens on 1st Nov 2021 and closes on 8th Nov 2021. The issue structure includes a fresh issue of ₹5.25 crore and an offer-for-sale component of ₹22.75 crore. The current listing schedule points to 16th Nov 2021.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹29.50 Cr
Fresh issue₹5.25 Cr
Offer for sale₹22.75 Cr
Face value₹10
Price band—–—
Allotment11th Nov 2021
Listing16th Nov 2021
Listing performance
Full performance ↗Issue price₹45.00
Listing price₹45.45
Current price—
Listing gain1.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens1st Nov 2021
Closes8th Nov 2021
Allotment11th Nov 2021
Refund12th Nov 2021
Demat15th Nov 2021
Listing16th Nov 2021
Subscription demand
Full bidding ↗Total1.27×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3000 | — |
Company
Incorporated2010
Use of proceeds
| Object | Amount |
|---|---|
| Repayment of loans | ₹5.00 Cr |
| General Corporate Purposes | ₹1.37 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue0.00₹ Cr · -100.0% vs prior year
PAT-2.32₹ Cr · +70.7% vs prior year
Assets84.31₹ Cr · -2.2% vs prior year
Net Worth7.74₹ Cr · +10.7% vs prior year
Borrowing72.45₹ Cr · -3.1% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2020
Assets88.71
Total Income13.19
Profit After Tax-1.88
NET Worth14.92
Reserves and Surplus-5.37
Total Borrowing67.87
31 Mar 2021
Assets86.20
Total Income4.48
Profit After Tax-7.93
NET Worth6.99
Reserves and Surplus-13.30
Total Borrowing74.77
30 Jun 2021
Assets84.31
Total Income0.00
Profit After Tax-2.32
NET Worth7.74
Reserves and Surplus-15.62
Total Borrowing72.45
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Suyog Gurbaxani Funicular Ropeways IPO | — | - | — | — |
| Paluck Technologies IPO | — | 6.62 x | — | — |
| Sumax Engineering IPO | — | 15.05 x | — | — |
| Technocrats Plasma IPO | — | 16.26 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Offer Management fees including fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | ₹0.39 Cr |
| Brokerage and selling commission | ₹0.05 Cr |
| Printing & Stationery, Distribution, Postage, etc. | ₹0.02 Cr |
| Advertisement and Marketing Expenses | ₹0.02 Cr |
| Stock Exchange Fees, Regulatory and other Expenses | ₹0.04 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Aryaman Financial Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-18.
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