Suich Industries IPO, Review, IPO Performance by IPOPlatform India

About Suich Industries

Company Information

Suich Industries promoters, Gunnit Singh Allagh and Sanchit Allagh started the business as a wholesale trading and distribution concern for mobile and mobile accessories in New Delhi, India. After gaining experience and foreseeing the opportunity in Indian mobile market, promoters incorporated the Company in 2008 initially for manufacturing of mobile phone batteries and mobile phone chargers. To reap the benefits of tax incentives, the Company strategically purchased a land and set up a manufacturing facility at State Infrastructure and Industrial Development Corporation of Uttarakhand Limited (SIIDCUL) in Haridwar, Uttarakhand spread over an area of 7,500 sq. meters. The Company through its subsidiary as well as individually, imports the parts and equipment from China to assemble them in their manufacturing facility situated at Haridwar. Expanding its

Object of Issue

Repayment/ pre-payment of certain unsecured loans availed from banks and financial institutions by the company
Funding the working capital requirement of the Company
General corporate purposes

Suich Industries SME IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

Jun, 2019

IPO Size :

30.86 Cr.

IPO Subscription :

1.39 X

PE Multiple :

7.50

Merchant Banker :
Pantomath Capital Advisors Private Limited

IPO Registrar:
Link Intime India Private Limited

Anchor Investors:

FAQs

1. What is Suich Industries IPO?

Suich Industries operates in Electric Equipments and . The Issue is listed on BSE SME in Jun, 2019. Suich Industries IPO size was 30.86 Cr. with Issue price of 75.00 .

2. Who is the merchant banker of Suich Industries IPO?

Merchant Banker(s) of Suich Industries IPO: Pantomath Capital Advisors Private Limited

3. How many times Suich Industries IPO was subscribed?

Suich Industries IPO subscription was 1.39 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Suich Industries IPO?

Suich Industries IPO listed at a listing price of 71.35 against the offer price of 75.00.

5. What is the current market price of Suich Industries IPO?

The current market price of Suich Industries is 4.33.

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Suich Industries Limited IPO (Suich Industries IPO) Details

Financial Summary (at the time of ipo, on annualised basis)

Pricing Report

Performance Report (CAGR* wise)

About Suich Industries

Company Information

Object of Issue

Suich Industries SME IPO Details (at the time of IPO)

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