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IPO

IPO Synopsis
Suumaya Corporation Ltd
Registered Office: 2n Floor FL 2-A LP-7/17/0,12 Pathak Para Road , Kolkata - 700060 , West Bengal , India.
Phone : 91-22-49712096   Fax:
Email :  cs@key2elements.com  
Website :  www.suumayacorporation.com
Initial public issue of up to 21,81,000 equity shares of face value of Rs. 10 each ("equity shares") of Rangoli Tradecomm Limited ("the company" or the "issuer") for cash at a price of Rs. 207 per equity share (the "issue price"), (including a premuim of Rs. 197 per equity share), aggregating Rs. 45.15 Crores ("the issue"), of which 1,11,600 equity shares of face value of Rs. 10 for cash at a price of Rs. 207 each aggregating Rs. 2.31 Crores will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. Issue of 20,69,400 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 207 per equity share, aggregating to Rs. 42.84 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.47% and 25.11% respectively of the post issue paid up equity share capital of the company. The Face value of the Equity Shares is Rs. 10.00/- each and The Issue Price of Rs. 207.00/- each. The Issue Price is 20.70 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
09-Mar-21 12-Mar-21 Rs207.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :600  Further Multiples of :600

  Rs Cr Lead Managers to the Issue
Project Cost 45.15
Fedex Securities Pvt Ltd
Project Financed through Current Offer 45.15  
Post Issue Equity Share Capital 8.24  
Issue Price Rs207.00  
 
Projects
Meeting Working Capital RequirementsGeneral Corporate Purposes
Promoted By
Ganadhip Wholeseller Pvt Ltd
Ushik Gala
Sumit Pal Singh
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd