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Suyog Gurbaxani Funicular Ropeways IPO Date, Price, Reviews, GMP, Details

Last Updated: 27th October 2021

Published: 27th October 2021

Suyog Gurbaxani Funicular Ropeways is established on 2010 by Mr. Rajkumar Gurbaxani, Mr. Omprakash Gurbaxani and Shivshankar Lature are the company promoters.

Suyog Gurbaxani Funicular Ropeways IPO: Suyog Gurbaxani Funicular Ropeways Limited is a construction and infrastructure development firm that builds and operates funicular ropeways systems. The company’s business operations are currently run in a Build, Operate, and Transfer (BOT) mode.

At Saptashrungi Gad Temple in Vani, Nashik, Maharashtra, they have completed the construction of a Funicular Ropeway System (also known as Incline Ropeways). The project includes a Funicular Ropeway System with two air-conditioned funicular vehicles/coaches that can transport up to 60 passengers at a time. A shopping centre with 50 stores has also been built, as well as a parking lot with a capacity of more than 150 vehicles, including four-wheelers and two-wheelers. The company also built a hotel with 28 guest rooms and dorms, a multi-cuisine restaurant, and a coffee shop as part of this project.

The project covers a total area of about ten acres. The company has control of this project until 2034, after which it will be handed over to the Maharashtra government.

Suyog Gurbaxani Funicular Ropeways IPO Details

IPO Opening Dates 1 Nov 2021
IPO Closing Dates 8 Nov 2021
Price Band 45 Rs Per Share
Fresh issue 6.75 Crore
Offer for sale 22.75 Crore
Total size 29.50 Crore
Minimum bid (lot size) 3000 Share
Face Value 10 Rs share
Listing On BSE SME

Suyog Gurbaxani Funicular Ropeways IPO Market Lot

Lot No of Shares Amount
Minimum 1 3,000 Shares 1,35,000 Rs
Maximum 1 3,000 Shares 1,35,000 Rs

Financial Record of the last year (In Millions)

Financial Period : 31-Mar-21
Total Assets : 861.96
Total Revenue : 44.77
Profit After Tax : (79.34)
Earnings Per Share (EPS) FY2021 : (3.91) INR Per share

Suyog Gurbaxani Funicular Ropeways IPO Allotment Date & Details

Allotment Date 11 Nov 2021
Initiation of refunds 12 Nov 2021
Transfer of shares to Demat accounts 15 Nov 2021
Listing Date 16 Nov 2021
Check Allotment Status Click here

Suyog Gurbaxani Funicular Ropeways IPO Review

Avoid

Suyog Gurbaxani Funicular Ropeways IPO Subscription Status

Check Suyog Gurbaxani ( SGFRL ) IPO Subscription Status Day By Day

Suyog Gurbaxani Funicular Ropeways IPO GMP

There is No grey market premium right now. will Update soon.

Registrar of Suyog Gurbaxani Funicular Ropeways IPO

KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Website: https://karisma.kfintech.com/
Email: [email protected]
Phone: 04067162222, 04079611000

Suyog Gurbaxani Funicular Ropeways Contact Details

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/?v=6c8403f93333

Suyog Gurbaxani Funicular Ropeways IPO Lead Managers

Aryaman Financial Services limited

Suyog Gurbaxani Funicular Ropeways IPO FAQ Question

  • When is Suyog Gurbaxani Funicular Ropeways IPO Listing Date?

Suyog Gurbaxani Funicular Ropeways IPO listing date is 16 Nov,2021.

  • When Suyog Gurbaxani Funicular Ropeways IPO allotment?

Suyog Gurbaxani Funicular Ropeways IPO Allotment date is 11 Nov,2021.

  • What is Suyog Gurbaxani Funicular Ropeways IPO GMP ( Grey market premium) ?

Check latest IPO GMP

  • What is the lot size of Suyog Gurbaxani Funicular Ropeways IPO?

3000 Shares

  • How to apply in Suyog Gurbaxani Funicular Ropeways IPO through Zerodha?

1) Log in to Console on the Zerodha website.
2) Navigate to Portfolio and choose the IPOs link.
3) Click the ‘Bid’ button in the ‘Suyog Gurbaxani Funicular Ropeways IPO’ row.
4) Fill in your UPI ID, Quantity, and Price.
5) Fill out the IPO application form and click the “ Submit ” button.
6) To approve the mandate, go to the UPI App (net banking or BHIM).

  • How to check Suyog Gurbaxani Funicular Ropeways IPO Allotment?

User can check Suyog Gurbaxani Funicular Ropeways IPO Allotment on kfintech

  • How to check Suyog Gurbaxani Funicular Ropeways IPO Subscription Status?

User can check Suyog Gurbaxani Funicular Ropeways IPO Subscription Status on our website.

  • What is the Price band of Suyog Gurbaxani Funicular Ropeways IPO?

45 Rs

  • What is the Issue Size of Suyog Gurbaxani Funicular Ropeways IPO?

29.50 Crore

Author: Main-IPO

Category: SME IPO