Suumaya Lifestyle Limited IPO (Suumaya Lifestyle IPO) Detail:

Suumaya Lifestyle Limited

ABOUT THE COMPANY: Incorporated in the year 2011, Suumaya Lifestyle Limited is a company engaged in the manufacturing of designer wear of women like Kurtis, ethnic tops, salwar suits etc.
The company has its own design and production house with expertise and dedicated team. It markets products under the brand name "ekka", "ira" and "tag 9". Suumaya serves its customers through retail as well as wholesale. The company has 18 employees on its payroll.

Company Promoters:

The promoters of the Company are Ms. Ishita Mahesh Gala and Indiacredit Risk Management LLP. Indiacredit Risk Management LLP is engaged in activities auxiliary to financial intermediation. The designated Partners of Indiacredit Risk Management LLP are-
1.Amisha Sanjay Shah
2. Ushik Mahesh Gala

Company Financials:

Summary of financial Information (Restated)
ParticularsFor the year/period ended (in Rs. Lakhs)
Total Assets3,319.142,716.23,107.122,201.071,155.37
Total Revenue21,205.779,053.113,715.781,547.080.65
Profit After Tax44.9131.774.9811.87(1.41)
Objects of the Issue:

The Offer consists of a fresh issue of 18,88,000 Equity Shares and an offer for sale of up to 58,00,000 Equity Shares of the Company aggregating to `1383.84 Lakh by the Selling Shareholder. The Company will not receive any proceeds from the Offer for Sale. The Selling Shareholder will be entitled to the proceeds of the Offer for Sale of their respective portions of the Offered Shares, respectively net of their proportion of Offer related expenses.
The Objects of the Fresh Issue is funding working capital requirements.

Issue Detail:

   Issue Open: May 22, 2018 - May 25, 2018 
    Issue Type: Fixed Price Issue IPO 
    Issue Size: 1,888,000 Equity Shares of Rs 10 aggregating up to Rs 3.40 Cr 
    Face Value: Rs 10 Per Equity Share 
    Issue Price: Rs 18 Per Equity Share 
    Market Lot: 8000 Shares 
    Minimum Order Quantity: 8000 Shares 
    Listing At: NSE SME

Company Contact Information:

Suumaya Lifestyle Limited
Gala No.5F/D, Malad Industrial Units
Coop Soc Ltd, Kachpada, Ramchandra Lane Extension
Malad (W), Mumbai - 400 064
Phone: 022-49712096

Suumaya Lifestyle IPO Registrar:

Bigshare Services Pvt. Ltd   
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207