FY19
Assets44.88
Net Worth9.91
Total Debt15.27
RevenueAnnualised basis8.97
EBITDAAnnualised basis2.89
PATAnnualised basis0.86
EBITDA Margin (%)32.22
At a glance
Updated 2026-09-19The shares listed at ₹15.45, a 3.00% move from the issue price. Suratwwala Business is a SME IPO with an issue size of ₹6.90 crore, proposed for listing on BSE SME. The offer opens on 3rd Aug 2020 and closes on 5th Aug 2020. The issue structure includes a fresh issue of ₹6.54 crore. The current listing schedule points to 13th Aug 2020.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹6.90 Cr
Fresh issue₹6.54 Cr
Face value₹10
Price band—–—
Allotment10th Aug 2020
Listing13th Aug 2020
Listing performance
Full performance ↗Issue price₹15.00
Listing price₹15.45
Current price—
Listing gain3.00%
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
Opens3rd Aug 2020
Closes5th Aug 2020
Allotment10th Aug 2020
Refund11th Aug 2020
Demat12th Aug 2020
Listing13th Aug 2020
Subscription demand
Full bidding ↗Total1.31×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 8000 | — |
Company
Incorporated2008
Use of proceeds
| Object | Amount |
|---|---|
| To meet Working Capital requirements | ₹5.60 Cr |
| General Corporate Purpose | ₹0.61 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Assets53.91₹ Cr · +72.3% vs prior year
Net Worth14.04₹ Cr · +55.3% vs prior year
FY18
Assets31.29
Net Worth9.04
Total Debt4.09
RevenueAnnualised basis10.83
EBITDAAnnualised basis4.82
PATAnnualised basis2.96
EBITDA Margin (%)44.51
31-Mar-20
Assets53.91
Net Worth14.04
Total Debt23.10
RevenueAnnualised basis10.75
EBITDAAnnualised basis3.37
PATAnnualised basis0.32
KPIs
| KPI | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees | 0.24 |
| 2 | Fees Payable to Registrar to the Issue | 0.01 |
| 3 | Fees Payable for Advertising and Publishing Expenses | 0.03 |
| 4 | Fees Payable to Regulators including Stock Exchanges | 0.04 |
| 5 | Payment for Printing & Stationery, Postage, etc. | 0.02 |
| 6 | Fees Payable to Auditor, Legal Advisors and other Professionals | 0.03 |
| 7 | Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees*, Underwriting fees and Miscellaneous Expenses) | 0.35 |
Valuation & shareholding
Pre-IPO P/E83
Promoter holding pre99.92%
Promoter holding post73.42%
Market cap₹26.01 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Suratwwala Business Group IPO | — | 83.00 x | — | — |
| Teamtech Formwork IPO | — | 16.29 x | — | — |
| Justo Realfintech IPO | — | 15.69 x | — | — |
| NACDAC Infrastructure IPO | — | 14.28 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manger Fees | ₹0.24 Cr |
| Fees Payable to Registrar to the Issue | ₹0.01 Cr |
| Fees Payable for Advertising and Publishing Expenses | ₹0.03 Cr |
| Fees Payable to Regulators including Stock Exchanges | ₹0.04 Cr |
| Payment for Printing & Stationery, Postage, etc. | ₹0.02 Cr |
| Fees Payable to Auditor, Legal Advisors and other Professionals | ₹0.03 Cr |
| Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees*, Underwriting fees and Miscellaneous Expenses) | ₹0.35 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Hem Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-19.
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