Suyog Gurbaxani Funicular Ropeways IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
GMP
Subscription Status
Allotment Status
- About Suyog Gurbaxani Funicular Ropeways
- Important Details – Suyog Gurbaxani Funicular Ropeways
- Objects of the Issue
- Suyog Gurbaxani Funicular Ropeways Limited Financials:
- Suyog Gurbaxani Funicular Ropeways IPO Price – Details
- Suyog Gurbaxani Funicular Ropeways IPO DRHP & RHP
- Suyog Gurbaxani Funicular Ropeways IPO Lot Size
- Suyog Gurbaxani Funicular Ropeways IPO Lead Managers
- Suyog Gurbaxani Funicular Ropeways IPO Registrar
- Suyog Gurbaxani Funicular Ropeways IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered Office
- Company Promoters
- Suyog Gurbaxani Funicular Ropeways IPO – FAQS
About Suyog Gurbaxani Funicular Ropeways
Suyog Gurbaxani Funicular Ropeways is an infrastructure development and constructions company engaged in building & operating the Funicular Ropeways Systems. The company is currently involved in an Infrastructural Development project through a Build, Operate and Transfer mode (“BOT”) wherein, the company hase 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. The 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.
The 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 the 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, the company also constructed a hotel which houses 28 guest rooms & dormitories, a multi cuisine restaurant and a coffee shop.
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
Important Details – Suyog Gurbaxani Funicular Ropeways
| Date | Details |
|---|---|
| February 11, 2010 | The company was incorporated as Suyog Gurbaxani Funicular Ropeways Private Limited, Mumbai |
| August 21, 2017 | The status of the Company was changed to public limited and the name of the company was changed to Suyog Gurbaxani Funicular Ropeways Limited |
Objects of the Issue
- Repayment of loans
- Funding expenditure for General Corporate Purposes
Suyog Gurbaxani Funicular Ropeways Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in Lakhs) | ||
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 8,619.66 | 8,871.24 | 9,410.58 |
| Total income | 447.79 | 1,319.29 | 790.67 |
| Total Expenses | 1,241.20 | 1,507.39 | 1,139.07 |
| Profit After Tax | (793.40) | (188.10) | (348.40) |
Suyog Gurbaxani Funicular Ropeways IPO Price – Details
| Details | SGFRL IPO Details |
|---|---|
| Public Issue | Initial Public Offer of up to 65,55,000 Equity Shares of ₹ 10 aggregating upto ₹ 2,949.75 Lakhs – Fresh Issue of 15,00,000 equity shares aggregating ₹ 675.00 lakhs and an offer of sale of 50,55,000 equity shares aggregating ₹ 2,274.75 lakhs |
| Issue Open Date | 01-Nov-21 |
| Issue Close Date | 08-Nov-21 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 45 |
| Face Value | ₹ 10 |
| Market Lot | 3000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 3000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | SGFRL |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Suyog Gurbaxani Funicular Ropeways IPO DRHP & RHP
Suyog Gurbaxani Funicular Ropeways IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 3000 | ₹ 1,35,000 |
| Maximum | 1 | 3000 | ₹ 1,35,000 |
Suyog Gurbaxani Funicular Ropeways IPO Lead Managers
- Aryaman Financial Services Ltd
Suyog Gurbaxani Funicular Ropeways IPO Registrar
Suyog Gurbaxani Funicular Ropeways IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 01-Nov-21 |
| Bid / Offer Closes on | 08-Nov-21 |
| Finalisation of Basis of Allotment | 11-Nov-21 |
| Initiation of refunds | 12-Nov-21 |
| Credit of the Equity Shares | 15-Nov-21 |
| Listing Date | 16-Nov-21 |
Company Peers – Comparison of Accounting Ratios
There are no listed companies in India that engage in a business similar to that of the company. Accordingly, it is not possible to provide a comparison with listed industry peers in relation to the company
Company Registered Office
18, Suyog Industrial Estate,
1st Floor, LBS Marg,
Vikhroli West,
Mumbai – 400 083
Website: www.sgfrl.com
Company Promoters
- Mr. Rajkumar Gurbaxani,
- Mr. Omprakash Gurbaxani
- Mr. Shivshankar Lature
Suyog Gurbaxani Funicular Ropeways IPO – FAQS
What is the SGFRL IPO Price?
The SGFRL IPO price band is 45 per share
When Suyog Gurbaxani Funicular Ropeways IPO will open?
The Suyog Gurbaxani Funicular Ropeways IPO opens on Nov 01, 2021 and closes on Nov 08, 2021
What is the lot size of Suyog Gurbaxani Funicular Ropeways IPO?
The Suyog Gurbaxani Funicular Ropeways IPO lot size is 3000 Equity Shares and the minimum order quantity is 3000 Equity Shares
Who is the Registrar for Suyog Gurbaxani Funicular Ropeways IPO?
The Registrar for Suyog Gurbaxani Funicular Ropeways IPO is KFin Technologies Private Limited
How to apply in Suyog Gurbaxani Funicular Ropeways IPO through UPI?
Check the step by step process here – Click here
How to apply in Suyog Gurbaxani Funicular Ropeways IPO through Zerodha?
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