| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 8,000 | ₹1,20,000 |
| HNI / NII | 2 | 16,000 | ₹2,40,000 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII / HNI (Total) | — | 21,76,000 (47.30%) | — | ₹326.40 Cr |
| Retail Investors | — | 21,84,000 (47.48%) | — | ₹327.60 Cr |
| Total ** | — | 46,00,000 (100.00%) | — | ₹6,900.00 Cr |
| Market Maker * | — | 2,40,000 (5.22%) | — | ₹3.60 Cr |
| Metric | 31-March-20 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue | 1088.35 | 912.62 | 1119.91 |
| PAT | 32.46 | 85.86 | 296.49 |
| EBITDA | — | — | — |
| Net Worth | — | — | — |
| Total Assets | 5390.82 | 4487.52 | 3129.14 |
| Reserves | — | — | — |
| Borrowings | — | — | — |
Incorporated in 2008, Suratwwala Business Group Ltd is a real estate development company developing commercial and residential projects in Pune District. The company focusses on the development, sale, and maintenance business of properties. Suratwwala also provides the space on rent for banners, hoardings, and towers on buildings and unsold space for a particular time duration.
The company has completed one residential projet of 16 one BHK Apartments and one commercial project named Suratwwala Mark Plazzo - Phase I in Pune district. The company is working on Phase II of the commercial project.
A major portion of the revenue of the company is derived from the development of real estate projects. The project of the company includes both affordable housing and premium housing developments. For maintenance business, Suratwwala Business charges fees from the owners of the units of each project.
Competitive Strengths
1. Diversified Business Model
2. Strong presence in Pune district
3. Land identification capabilities and strong execution