Suraj Estate Developers Limited

Suraj Estate Developers Limited IPO

BSE, NSEClosed
Dec 18, 2023Open Date
Dec 20, 2023Close Date
TBAAllotment Date
Dec 26, 2023Listing Date

Subscription Details

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QIB24.31x
Retail9.30x
NIIs (Non-Institutional Investors)Main Category
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

Updated: 10 Jul, 06:09 pm

Suraj Estate Developers Limited IPO Issue Details

Issue Price₹340-360 Per Equity Share
Face Value₹5 Per Equity Share
Listing AtBSE, NSE
Listing DateDec 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

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