The Suraj Estate Developers has begun on 18-December-2023. It will close on 20-December-2023. The Total IPO Size is 400 Crore. The company set its IPO price is 340-360 Rs Per Share. Basically, there are three basic categories in Suraj Estate Developers IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.
Suraj Estate Developers is incorporated in 1986.
Suraj Estate Developers are amongst the prominent real estate developers, focused primarily on value luxury and luxury segments and commercial segment.
They have a major residential portfolio located in the markets of Mahim, Dadar, Prabhadevi and Parel, which are sub-markets of the South Central Mumbai micro market where we have established our presence and are one of the market leaders in these locations.
In residential portfolio, They are present across the “value luxury” and “luxury” segments across multiple price points with unit values ranging from ₹10.00 million to ₹ 130.00 million.
Suraj Estate Developers Promoters
Rajan Meenathakonil Thomas is a Promotors of the company.
Suraj Estate Developers IPO Date, Details & Price Band
The Suraj Estate Developers IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 18-December-2023 |
| IPO Closing Dates | 20-December-2023 |
| Price Band | 340-360 Rs |
| Fresh Issue | 400 Crore |
| Offer for Sale | NIL |
| Total IPO size | 400 Crore |
| Minimum bid (lot size) | 41 Shares |
| Face Value | 5 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Suraj Estate Developers IPO Market Lot
The Suraj Estate Developers IPO minimum market lot is 41 shares With 14,760 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 41 | 14,760 ₹ |
| Retail Maximum | 13 | 533 | 1,91,880 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-23 | 942.58 | 307.89 | 32.06 |
| 31-Mar-22 | 864.00 | 273.91 | 26.50 |
| 31-Mar-21 | 792.00 | 244.00 | 6.28 |
Suraj Estate Developers IPO GMP & Grey Market Premium
Suraj Estate Developers IPO GMP Grey market premium has been started today. Check Latest Suraj Estate Developers IPO GMP, Kostak Rates and Subject to Sauda Price here.
Suraj Estate Developers IPO Prospectus
Suraj Estate Developers IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Suraj Estate Developers IPO Prospectus.
| DRHP | Download |
Suraj Estate Developers IPO Reviews
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Suraj Estate Developers IPO Form Download
Suraj Estate Developers IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Suraj Estate Developers IPO forms.
Suraj Estate Developers IPO Allotment Date & Details
| Allotment Date | 21-December-2023 |
| Initiation of refunds | 22-December-2023 |
| Transfer of shares to Demat accounts | 22-December-2023 |
| Listing Date | 26-December-2023 |
Registrar of Suraj Estate Developers
Link Intime India Private Limited
C-101, 1st Floor, 247 Park, Lal Bhadur Shastri Marg
Vikhroli (West), Mumbai 400 083, Maharashtra, India
Telephone: +91 810 811 4949
Email: [email protected]
Investor grievance e-mail:
[email protected]
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI registration number: INR000004058
Suraj Estate Developers Contact Details
Suraj Estate Developers Limited
301, 3rd Floor, Aman Chambers,
Veer Savarkar Marg, Opp. Bengal Chemicals,
Prabhadevi, Mumbai – 400025
Phone: +91 22 2437 7877
Email: [email protected]
Website: https://surajestate.com/
Suraj Estate Developers IPO Lead Managers
Anand Rathi Advisors Limited
11th Floor, Times Tower, Kamala Mills Compound,
Senapati Bapat Marg, Lower Parel, Mumbai, 400013
Maharashtra, India
Telephone: +91 22 4047 7120
E-mail: [email protected]
Website: www.anandrathiib.com
Investor Grievance e-mail: [email protected]
Contact Person: Pari Vaya/ Arpan Tandon
SEBI Registration Number: INM000010478
ITI Capital Limited
ITI House, 36, Dr. R K Shirodkar Road,
Parel, Mumbai 400 012
Maharashtra, India
Telephone: +91 22 6911 3300/ 6911 3371
E-mail: [email protected]
Website: www.iticapital.in
Investor Grievance e-mail: [email protected]
Contact Person: Pallavi Shinde
SEBI Registration Number: INM000010924