Suumaya Lifestyle IPO

Suumaya Lifestyle IPOBusiness description - Suumaya Lifestyle is engaged in the manufacturing of designer wear of women like kurtis, ethnic tops, salwar suits etc. The company markets products under the brand name “ekka”, “ira” and “tag 9”. Suumaya Lifestyle serves its customers through a range of channels such as retail and wholesale. It has its own designer who develops new styles, fits, finishes to meet the latest fashion trends. The company’s core competency lies in its deep understanding of customers’ buying preferences and behavior across the Indian market.

Promoters of Suumaya Lifestyle – Ms Ishita Mahesh Gala and Indiacredit Risk Management LLP
Suumaya Lifestyle IPO details
Subscription Dates22 - 25 May 2018
IPO Price bandINR18 per share
Fresh issue 1,888,000 shares (INR3.40 crore)
Offer for sale 5,800,000 shares (INR10.44 crore)
Total IPO size7,688,000 shares (INR13.84 crore)
Minimum bid (lot size)8,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge SME platform
Use of funds
  • Working capital requirements - INR3.02 crore
  • Public Issue Expenses - INR0.38 crore
Suumaya Lifestyle's financial performance (in INR crore)
FY2013FY2014FY2015FY2016FY2017H1 FY2018
Total revenue0.015.537.290.5212.1107.8
Total expenses0.015.337.090.1211.4105.6
Profit after tax-0.010.120.050.320.451.51
Suumaya Lifestyle' Contact Details

Suumaya Lifestyle Limited
Gala No.5F/D, Malad Industrial Units, Coop Soc Ltd
Kachpada, Ramchandra Lane Extension
Malad (W), Mumbai – 400 064

Phone: +91 22 4971 2096
Email: [email protected]
Website: www.suumayalifestyle.com

Suumaya Lifestyle IPO Subscription Details
DaySubscription (no. of times)
Day 1 0.46
Day 20.53
Day 30.70
Day 41.37
Suumaya Lifestyle Valuation (Latest FY)

Earnings Per Share (EPS): INR0.20

Price/Earnings (P/E) ratio: 88.65

Return on Net Worth (RONW): 1.92%

Net Asset Value (NAV): INR10.56 per share

Registrar of Suumaya Lifestyle IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: www.bigshareonline.com

Suumaya Lifestyle IPO Allotment Status

Suumaya Lifestyle IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Suumaya Lifestyle

IPO Opening Date: 22 May 2018

IPO Closing Date: 25 May 2018

Listing Date: 4 June 2018

Listing Price on NSE SME: INR18 per share (no change from IPO price)

Closing Price on NSE SME: INR17.85 per share (down 0.83% from IPO price)

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