IPO DETAILS : Suratwwala Business Group Ltd.

S. No. 4/38, Sumangal, First Floor, Sahakar Colony behind SBI, Pune, Maharashtra - 411004
Phone: 25434392

Public Issue of 4600000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 5.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
03/08/202005/08/202015.00 -
Lead Managers Registrar Listed at
HEM SECURITIES LTD.
MUFG Intime India Pvt. Ltd.
C-101, 247 Park,
L.B.S. Marg, Vikhroli (West), ,
Mumbai, Maharashtra - 400083
Phone: 49186200 Fax: 49186195		BSE
Object of the issue

The Issue includes a fresh Issue of up to 46,00,000 Equity Shares of the Company at an Issue Price of Rs. 15 per Equity Share. We intend to utilize the proceeds of the Issue to meet the following objects:-

1. To meet Working Capital requirements
2. General Corporate Purpose
3. To meet issue expenses.

Project Cost
(Rs. in Crs.)
ISSUE EXPENSES0.70
WORKING CAPITAL REQUIREMENTS5.60
GENERAL CORPORATE EXPS.0.61
TOTAL COST6.90
Means of Finance
(Rs. in Crs.)
PUBLIC ISSUES6.90
TOTAL COST6.90
Promoted by

The Promoters of the Company are :

1. Mr. Jatin Dhansukhlal Suratwala
2. Mr. Manoj Dhansukhlal Suratwala

1. Mr. Jatin Dhansukhlal Suratwala : Jatin Dhansukhlal Suratwala, aged 47years, is Promoter, Chairman and Managing Director of the Company. He holds a Diploma in Metallurgy from the Government Polytechnic College, Pune, Maharashtra. He started his career in 1990. His role and responsibilities include business development, land procurement, Legal and liasioning along with managing the funding requirements of company. He is also responsible for new business planning and strategies. Under his leadership, the company is taking strides towards achieving a goal of making Suratwwala Group a renowned name in Real Estate Development in and around Pune. He has a total experience of more than 28 years.

PAN : ARIPS5055N
Passport No : L2532305
Driving License : MH12 20010182689
Aadhar No : 429542197410

2. Mr. Manoj Dhansukhlal Suratwala : Manoj Dhansukhlal Suratwala, aged 51 years, is Promoter and Whole time
Director of the Company. He holds a Bachelor of Commerce degree from Pune University. He started his career in 1990.His role and responsibilities include Execution of Projects, Management of Construction related operations, Procurement of material required for operations, and day-today activities of the company. He has a total experience of around 20 years in real estate business.

PAN : ACHPS9411J
Passport No : S7900514
Driving License : MH1220090044178
Aadhar No : 937009461496