Suyog Gurbaxani Funicular Ropeways IPO will be Open Date is 01 November 2021 and closes on 08 November 2021. The company has fixed the price of this IPO at ₹45 according to the face value of ₹10. The company will raise ₹29.50 Crores through this IPO under the 6,555,000 Equity Shares public issue. And the offer is 100% Fixed Price Issue.
Suyog Gurbaxani Funicular Ropeways Limited (SGFRL) is constructing and is going to operate a funicular ropeway at Saptashrungi God Temple, Kalwan Taluka, Nashik District, Maharashtra. The funicular ropeway would provide access from the base of a mountain to the temple, which is at a height of about 100 meters from the base.
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Suyog Gurbaxani Funicular Ropeways IPO Review :
■ Apply your own Risk Or AVOID
Suyog Gurbaxani Funicular Ropeways IPO GMP Live:
Suyog Gurbaxani Funicular Ropeways IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 04 Nov 2021 | ₹-₹ | ₹ |
| 03 Nov 2021 | ₹0-₹0 | ₹0 |
| 02 Nov 2021 | ₹0-₹0 | ₹0 |
| 01 Nov 2021 | ₹0-₹0 | ₹0 |
Suyog Gurbaxani Funicular Ropeways IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 01 November 2021 |
| IPO Close : | 08 November 2021 |
| IPO Size : | ₹29.50 Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹45 Per Share |
| Listing On : | BSE, SME |
| Issue Size : | ₹29.50. Cr |
| Fresh Issue : | ₹6.75. Cr |
| Offer For Sale : | ₹22.75. Cr |
Suyog Gurbaxani Funicular Ropeways IPO Market Lot :
Suyog Gurbaxani Funicular Ropeways IPO Minimum Market lot is 1 Lot with 3000 shares with ₹135,000 Application amount. The retail investors can apply up to 1 lots with 3000 Shares or ₹135,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 3000 |
| Minimum Amount : | ₹135,000 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 3000 |
| Maximum Amount : | ₹135,000 |
Suyog Gurbaxani Funicular Ropeways IPO Shares Offer :
A Total of 6,555,000 shares are to be bid for the public issue by Suyog Gurbaxani Funicular Ropeways IPO with 15,00,000 for Fresh issue and 5,055,000 for offer for sale Shares.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | 15,00,000 | ₹6.75 Cr |
| Offer For Sale : | 6,555,000 | ₹22.75 Cr |
| Total : | 6,555,000 Eq Shares | ₹29.50 Cr |
Suyog Gurbaxani Funicular Ropeways IPO Reservation :
Suyog Gurbaxani Funicular Ropeways IPO Total Reservation of 6,555,000 shares are to be bid for the public issue by Suyog Gurbaxani Funicular Ropeways IPO with – for QIB and 31,11,000 for NII 31,11,000 For RII & 3,33,000 Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | % | – | – |
| NII : | 50% | 31,11,000 | ₹13.99 Cr |
| RII : | 50% | 31,11,000 | ₹13.99 Cr |
| MMRP : | – % | 3,33,000 | ₹1.49 Cr |
| Total : | 100% | 6,555,000 | ₹29.50 Cr |
Suyog Gurbaxani Funicular Ropeways IPO Dates :
Suyog Gurbaxani Funicular Ropeways IPO Date is 01 November 2021 and closes on 08 November 2021. The allotment will be finalized on 11 November 2021 and the IPO may list on 16 November 2021.
| Issue Open Date : | 01 November 2021 |
| Issue Close Date : | 08 November 2021 |
| Allotment Date : | 11 November 2021 |
| Refund Date : | 12 November 2021 |
| Share Credit Date : | 15 November 2021 |
| Listing Date : | 16 November 2021 |
Suyog Gurbaxani Funicular Ropeways IPO Form :
There are two ways to apply in Suyog Gurbaxani Funicular Ropeways IPO. You can apply for Suyog Gurbaxani Funicular Ropeways IPO through ASBA available in your bank account. You have to go to your online bank login and select Suyog Gurbaxani Funicular Ropeways IPO in the Invest section and apply through your bank account. Another option is you can apply Suyog Gurbaxani Funicular Ropeways IPO through IPO form download through NSE and BSE. See the Suyog Gurbaxani Funicular Ropeways IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Suyog Gurbaxani Funicular Ropeways Company Financial Report (Lakh) :
| Year | Revenue | Expense | PAT |
| 2021 – 3M | ₹0.11 | ₹232.38 | ₹232.27 |
| 2021 | ₹447.79 | ₹1,241.20 | ₹793.40 |
| 2020 | ₹1,319.29 | ₹1,507.39 | ₹188.10 |
| 2019 | ₹790.67 | ₹1,139.07 | ₹348.40 |
About Suyog Gurbaxani Funicular Ropeways Company
We are an infrastructure development and constructions company engaged in building & operating the Funicular Ropeways Systems. Our Company is currently involved in an Infrastructural Development project through a Build, Operate and Transfer mode (“BOT”) wherein, we have completed the construction of a Funicular Ropeway System project (also known as Incline Ropeways) at Saptashrungi Gad Temple situated at Vani, Nashik, Maharashtra. Saptashrungi Gad Temple is a popular destination for devotees where people come from all over India for taking the blessings of Goddess and this temple experiences a large number of visitors throughout the years and also experiences some of the peak seasons at the time of Navratri festivals which happens two times in a year.
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Our project is spread over in an area of 10 acres, which houses the funicular ropeway system, a shopping mall, a parking facility and a hotel facility. Our Saptashrungi Project primarily has a Funicular Ropeway System consisting of 2 Air Conditioner funicular vehicles / coaches which can carry 60 passengers/ devotees at a time. The Shopping complex, forming a part of our project, provides the facility of more than 50 shops providing various buying avenues to the visitors including food shops.
The parking facility built in the vicinity of the funicular ropeway, has a capacity of more than 150 vehicles including four wheelers and two wheelers. Lastly, we also have constructed a hotel which houses 28 guest rooms & dormitories, a multi cuisine restaurant and a coffee shop. The below diagram shows the services provided under our Saptashrungi Project, thus providing an integrated tourism experience for the visitors / devotees:
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Company Strengths
- Integrated in-house execution capabilities
- Ability of obtain funding for Projects
- Cordial Client Relations
- Management Expertise
- Efficient Business Model and Low Labour Costs
- Promoting and Encouraging Tourism
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Company Promoters :
■ Mr. Rajkumar Gurbaxani
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Suyog Gurbaxani Funicular Ropeways IPO Lead Managers :
■ Aryaman Financial Services limited
Suyog Gurbaxani Funicular Ropeways IPO Registrar :
KFIN TECHNOLOGIES PRIVATE LIMITED
(Formerly known as “Karvy Fintech Private Limited”)
Karvy Selenium, Tower-B,
Plot No. 31 & 32,
Gachibowli, Financial District,
Nanakramguda, Serilingampally,
Hyderabad – 500 032.
Tel: +91 – 40 – 6716 2222
Email: [email protected]
Website: www.kfintech.co
Investor Grievance Email: [email protected];
Note: Check Suyog Gurbaxani Funicular Ropeways IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Suyog Gurbaxani Funicular Ropeways Limited
18, Suyog Industrial Estate,
1st Floor, LBS Marg,
Vikhroli West, Mumbai – 400 083
Phone: +91 – 22 – 2579 5516
Email: [email protected]
Website: http://sgfrl.com/
Suyog Gurbaxani Funicular Ropeways IPO FAQs :
What is Suyog Gurbaxani Funicular Ropeways IPO?
Suyog Gurbaxani Funicular Ropeways IPO is SME IPO. They are going to raise ₹.29.50 Crores via IPO. The issue is priced at ₹45 per equity share. The IPO to be listed on BSE, SME.
When Suyog Gurbaxani Funicular Ropeways IPO will open?
The IPO is to open on 01 Nov -08 Nov 2021 for QIB, NII & RII.
What is Suyog Gurbaxani Funicular Ropeways IPO Size?
Suyog Gurbaxani Funicular Ropeways IPO size is ₹29.50 Crores.
What is the Fresh issue size of Suyog Gurbaxani Funicular Ropeways IPO?
The Fresh issue size of Suyog Gurbaxani Funicular Ropeways IPO ₹0 Cr.
What is the Offer For Sale size of Suyog Gurbaxani Funicular Ropeways IPO?
The Offer For Sale size of Suyog Gurbaxani Funicular Ropeways IPO ₹0 Cr.
What is Suyog Gurbaxani Funicular Ropeways IPO Price Band?
Suyog Gurbaxani Funicular Ropeways IPO Price Band is ₹45 Per share.
What is Suyog Gurbaxani Funicular Ropeways IPO Minimum and Maximum Lot Size?
The minimum bid is 3000 Shares with ₹135,000 amount while the maximum bid is 3000 shares with ₹135,000.
What is Suyog Gurbaxani Funicular Ropeways IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Suyog Gurbaxani Funicular Ropeways IPO Allotment Date?
Suyog Gurbaxani Funicular Ropeways IPO allotment date is 11 November 2021.
What is Suyog Gurbaxani Funicular Ropeways IPO Listing Date?
Suyog Gurbaxani Funicular Ropeways IPO listing date is 16 November 2021. The IPO to list on BSE, SME.
How to Apply the Suyog Gurbaxani Funicular Ropeways IPO through Zerodha?
“BSE SME IPO is Not Apply in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Suyog Gurbaxani Funicular Ropeways IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Suyog Gurbaxani Funicular Ropeways IPO through Upstox?
“BSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Suyog Gurbaxani Funicular Ropeways IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Suyog Gurbaxani Funicular Ropeways IPO through Groww?
“BSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Suyog Gurbaxani Funicular Ropeways IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Suyog Gurbaxani Funicular Ropeways IPO through Paytm Money?
“BSE SME IPO is Not Apply in Paytm Money”.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Suyog Gurbaxani Funicular Ropeways IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
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