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Suraj Estate Developers IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 400.00 Cr. The company is based in Mumbai and caters to Real Estate sector. Anand Rathi Securities , Iti Capital are the merchant bankers of Suraj Estate Developers IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 24th July 2023.
Suraj Estate Developers IPO open date is 18th December 2023 and close date is 20th December 2023. IPO Allotment Date is 21st December 2023 and Listing date is 26th December 2023.
IPO
Size:
₹ 400.00 Cr.
Avg IPO Size (Sector Based)
: ₹
1,195.37 cr.
Sector: Real Estate
IPO so far:
28
Merchant Banker:
Anand Rathi
IPO by BRLM so far:
19
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹
411.24
cr. 
PE
Ratio:
15.33x
Average Sector PE Ratio: 14.86x
Suraj Estate Developers IPO size is ₹ 400.00 Cr. with IPO price of ₹ 360.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Anand Rathi Securities Limited is the book-running lead manager of the Suraj Estate Developers IPO. Link Intime India Private Limited is the Registrar for Suraj Estate Developers IPO.
Suraj Estate Developers IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Suraj Estate Developers IPO, based in Mumbai, operates in the Real Estate sector with a focus on specializes in redevelopment of residential and commercial. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Suraj Estate Developers IPO size is ₹ 400.00 Cr. with fresh issue size of ₹ 400.00 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Suraj Estate Developers IPO is expected to be 21st December 2023, after the finalization of basis of allotment. Investors can check Suraj Estate Developers IPO allotment status on the registrars website, Link Intime India Private Limited . Suraj Estate Developers IPO refund dates are 22nd December 2023.
Suraj Estate Developers IPO is expected to be listed on 26th December 2023.
The upper price band for the Suraj Estate Developers IPO is set at ₹ 360.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Suraj Estate Developers IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Suraj Estate Developers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 20th December 2023. After submission, funds are blocked until the basis of allotment of Suraj Estate Developers IPO is finalised.
The merchant banker for Suraj Estate Developers IPO is Anand Rathi Securities Limited , Iti Capital Limited . Anand Rathi Securities Limited , Iti Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Suraj Estate Developers IPO RHP for further details.
The registrar for Suraj Estate Developers IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Suraj Estate Developers IPO through their official website or helpline.
Suraj Estate Developers IPO was subscribed 16.57 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 400.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 1,195.37 Cr.
Sector: Real Estate
IPO so far:
28
Merchant Banker:
Anand Rathi
IPO by BRLM so far:
19
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹ 409.64 cr.
PE
Ratio:
15.33x
Average Sector PE Ratio: 14.86x
Suraj Estate Developers IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Suraj Estate Developers Financial Review Page
Merchant Banker(s) of Suraj Estate Developers IPO: Anand Rathi Securities Limited , Iti Capital Limited
Suraj Estate Developers IPO subscription was 16.57 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Suraj Estate Developers IPO listed at a listing price of 334.30 against the offer price of 360.00.
The current market price of Suraj Estate Developers is 376.40.
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