Sumit Woods Limited IPO

Sumit Woods Limited is currently engaged in the construction and development sector development in residential and commercial projects in prime cities. The company is having more than 20 years of experience in this construction field and has completed more than 4,500 projects since its incorporation.

Date of Incorporation: Sumit Woods Limited was incorporated as the private limited company ‘Sumit Woods Private Limited’ at Goa on 9th of January 1997. Subsequently, the company was converted to the public limited company on 06th of February 2018.

Promoters of Sumit Woods Limited: Mr Mitaram Jangid, Mr Subodh Nemlekar, Mr Bhushan Nemlekar, Mrs Kavita Nemlekar and Mrs Sharda M Jangid are the promoters of the Sumit Woods Limited.

Products and Services Offering: Sumit Woods Limited is mainly undertaking the construction and redevelopment projects.

Customer Segments: Sumit Woods Limited has diversified customer segments that are spread across the cities including Mumbai, Thane and Goa.

The Objects of Sumit Woods Limited IPO: The Core Objectives of the Sumit Woods limited IPO are:

• - To fulfil the fund's requirements for execution of Ongoing and Forthcoming Projects.

• - To meet working capital requirements.

• - To manage General Corporate expenses.

• - To meet Public Issue Expenses.

Company Financials:

Summary of Financial Information (Restated)