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Sumit Woods Ltd

Registered Office : B-1101 Express Zone,Western Exp Highway Malad (E),Mumbai Maharashtra 400097 Phone : 91-22-2874 9966/77
Fax : 91-22-2874 3377

Email : contact@sumitwoods.com

Website : www.sumitwoods.com

Public issue of 40,53,000 equity shares of face value of Rs.10 each of Sumit Woods Limited ("sumit" or the "company" or the "issuer") for cash at a price of Rs.45 per equity share including a share premium of Rs. 35 per equity share (the "issue price") aggregating to Rs.18.24 Crores("the issue"), of which 2,19,000 equity shares of face value of Rs.10 each for cash at a price of Rs.45 per equity share including a share premium of Rs.35 per equity share aggregating to Rs.0.99 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e.issue of 38,34,000 equity shares of face value of Rs.10 each at a price of Rs.45 per equity share including a share premium of Rs.35 per equity share aggregating to Rs.17.25 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.50% and 25.07% respectively of the post issue paid up equity share capital of the company. Issue Price: Rs.45 per equity share. The face value of the Equity Shares is Rs.10 each and the issue price of Rs.45 is 4.5 times of the face value.

Issue

Opens On

Closes On

29-Aug-2018

31-Aug-2018

Money Payable On

Application

Allotment

45.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

18.24

15.29

45.00

Mark Corporate Advisors Pvt Ltd

Projects

To Meet the Fund Requirements for Execution of the ongoing & Forthcoming Projects & Other Working Capital Requirements

Repayment/Prepayment of Secured Loans

General Corporate Purposes

Promoted By

Mitaram Jangid

Subodh Nemlekar

Bhushan Nemlekar

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd