Suratwwala Business Group Limited
ListedSMEReal Estate / Constructio · BSE
Suratwwala Business Group Ltd, incorporated in 2008, is a real estate development company operating mainly in Pune district, with a focus on commercial and residential projects. The company is engaged in developing, selling, and maintaining properties, and also earns income by renting out spaces on buildings and unsold areas for banners, hoardings, and telecom towers for fixed periods. It has completed a residential project comprising 16 one-bedroom apartments and a commercial project named Suratwwala Mark Plazzo Phase I, and is currently developing Phase II of the commercial project. A major share of its revenue is generated from real estate development activities across affordable and premium housing segments, while additional income comes from maintenance services charged to property owners within its projects.
Price Band
₹15
Issue Size
₹7.00 Cr
Lot Size
8000 shares
GMP
—
Est. Listing
₹15
at current GMP
Subscribed
—
Open
3 Aug 2020
Close
5 Aug 2020
Allotment
11 Aug 2020
Refund
12 Aug 2020
Demat Credit
13 Aug 2020
Listing
13 Aug 2020
Last updated 12 days ago
Official Registrar Verification
Suratwwala Business Group Limited Allotment Status
Designated Registrar: Link Intime India Private Limited
Allotment Date
11 Aug 2020
Basis finalization
Refunds Initiate
12 Aug 2020
Mandate release
Demat Credit
13 Aug 2020
Shares in demat
Listing Debut
13 Aug 2020
Trading begins
How to Check Suratwwala Business Group Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
- Select Suratwwala Business Group Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Suratwwala Business Group Limited Public Issue & Market Profile
Suratwwala Business Group Limited is bringing an initial public offering (IPO) in the Real Estate / Constructio sector with an aggregate issue size of ₹7 Crores. The shares are offered at a price band of ₹15 to ₹15 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2020-08-05, the basis of allotment is scheduled to be finalized on 2020-08-11. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.