Suraj Estate Developers Limited

Suraj Estate Developers Limited

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₹14,760(41 Shares)

Minimum Investment

IPO Dates

Dec 18, 2023 – Dec 20, 2023

Price Band

₹340–360 per equity share

Lot Size

41

Listing

Dec 26, 2023

Listing At

BSE, NSE

Dec 18, 2023Open DateCompleted
Dec 20, 2023Close DateCompleted
TBAAllotment DateUpcoming
Dec 26, 2023Listing DateCompleted

Suraj Estate Developers Limited Live Subscription Details

All IPOs
QIB24.31x
Retail9.30x
NIIs
18.90x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

11.01x

bHNI (> ₹10L)

Bids above ₹10L

34.70x

Overall Subscription

Total Bids Received

15.65x

Suraj Estate Developers Limited IPO Issue Details

Issue Price
₹340-360 Per Equity Share
Face Value
₹5 Per Equity Share
Listing At
BSE, NSE
Listing Date
Dec 26, 2023

Company Information

Suraj Estate Developers Limited is a real estate construction company with a focus on best-in-class collaborations and client assurance.The company has over 35 years of experience in developing real e...

Valuations

RoNW

58.18%

Financial Information (₹ in Crores)

MetricFY 23FY 22FY 21
Total Assets942.58864792
Total Revenue307.89273.91244
Profit After Tax32.0626.56.28
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Repayment/Prepayment of the aggregate outstanding borrowings of the company and its subsidiaries, Accord Estates Private Limited and Iconic Property Developers Private Limited.
  2. 2Acquisition of land or land development rights.
  3. 3General corporate purposes

Suraj Estate Developers Limited – Promoter(s)

Mr. Rajan Meenathakonil Thomas

Contact Details

Suraj Estate Developers Limited IPO Documents

Frequently Asked Questions — Suraj Estate Developers Limited IPO

The Suraj Estate Developers Limited IPO price band is set at ₹340.00 to ₹360.00 per equity share.

The lot size for Suraj Estate Developers Limited IPO is 41 shares per lot. The minimum investment amount is approximately ₹14,760.

The Suraj Estate Developers Limited IPO opens on Dec 18, 2023 and closes on Dec 20, 2023.

Suraj Estate Developers Limited IPO is expected to be listed on Dec 26, 2023 on BSE, NSE.

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