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Suich Industries Limited

Suich Industries Limited, incorporated in 2008 and based in Delhi, is engaged in assembling and marketing feature and smart phones, batteries, chargers, power banks, LED TVs, and smart TVs under the Suich brand. The company imports equipment and assembly parts from China and assembles products at its Haridwar manufacturing unit in SIIDCUL. Recently, Suich Industries has entered the export business and is involved in trading finished products between manufacturers and distributors on demand. It operates a wholly owned subsidiary, Blue Wave Trading H.K. Ltd, to procure raw materials and has established an R&D center to expand its product portfolio.

₹73 - ₹75Open
Listed Price68.50
Listing Gain-8.67%
TimelineBookbuilding IPO
Open30 May 2019
Close04 Jun 2019
Allotment10 Jun 2019
Listing13 Jun 2019

Quota Reservation Portions

Market MakerPortion: 2,08,000 shares
5.05%
HNIPortion: 19,52,000 shares
47.43%
RetailPortion: 19,55,200 shares
47.51%

Minimum Application Bracket Matrix

Retail1 lots / 1,600 shares
₹1,20,000
HNI2 lots / 3,200 shares
₹2,40,000

About the Company

Suich Industries Limited, incorporated in 2008 and based in Delhi, is engaged in assembling and marketing feature and smart phones, batteries, chargers, power banks, LED TVs, and smart TVs under the Suich brand. The company imports equipment and assembly parts from China and assembles products at its Haridwar manufacturing unit in SIIDCUL. Recently, Suich Industries has entered the export business and is involved in trading finished products between manufacturers and distributors on demand. It operates a wholly owned subsidiary, Blue Wave Trading H.K. Ltd, to procure raw materials and has established an R&D center to expand its product portfolio.

Company Promoters

Mr. Gunnit Singh Allagh Mr. Sanchit Singh