Company Name | Suraj Estate Developers Limited |
Open Date | 18-12-2023 |
Close Date | 20-12-2023 |
Exchange | BSE, NSE |
Lot Size | 41 Shares |
Issue Price | ₹340 to ₹360 per share |
Issue Size | 1,11,11,111 Equity Shares |
Application Amount | Min. Inv. - ₹ 14,760 (41 shares) Max. Inv. – ₹ 1,91,880 (533 shares) |
Recommendation | Apply |
Suraj Estate Developers Limited was originally carried on as a partnership firm in 1986 and had its registered office in Mumbai, Maharashtra. The company develop real estate across the residential
and commercial sectors in the South-Central Mumbai region. The company is focused primarily on value luxury,lxury segments and commercial segments. The company is now venturing into residential real
estate development in the Bandra sub-market. As of 30th September 2023, the Company had 126 employees on its payroll.
For the Period Ended | Mar-21 | Mar-22 | Mar-23 | Jun-23 |
Total Assets | 792.00 | 864.00 | 942.58 | 994.73 |
Net Assets | 29.15 | 39.16 | 71.39 | 86.11 |
Total Borrowings | 600.48 | 638.16 | 593.09 | 598.50 |
Total Revenue | 244.00 | 273.91 | 307.89 | 102.81 |
Profit After Tax | 6.28 | 26.50 | 32.06 | 14.53 |
Opening Date | 18/12/2023 |
Closing Date | 20-12-2023 |
Basis of Allotment | 21-12-2023 |
Initiation of Refunds | 22-12-2023 |
Credit of Shares to Demat | 22-12-2023 |
Listing Date | 26-12-2023 |
Repayment/Prepayment of the borrowings of the company and its subsidiaries. |
Acquisition of land or land development rights. |
General corporate purposes |
Registered Office | Suraj Estate Developers Limited - 301, 3rd Floor, Aman Chambers, Veer Savarkar Marg, Opp. Bengal Chemicals, Prabhadevi, Mumbai - 400025 |
Phone | +91 22 2437 7877 |
suraj@surajestate.com | |
Website | https://surajestate.com/ |
Name | Link Intime India Private Limited |
Phone | +91-22-4918 6270 |
surajestate.ipo@linkintime.co.in | |
Website | https://linkintime.co.in/mipo/ipoallotment.html |
Anchor Investor Shares Offered | 3,333,333 (30.00%) |
QIB Shares Offered | 2,222,222 (20.00%) |
NII (HNI) Shares Offered | 1,666,666 (15.00%) |
bNII > ₹10L | 1,111,110 (10.00%) |
sNII < ₹10L | 555,555 (5.00%) |
Retail Shares Offered | 3,888,889 (35.00%) |
Total Shares Offered | 11,111,110 (100%) |
Share Holding Pre Issue (Promoters) | 100.00% |
Share Holding Post Issue (Promoters) | 74.95% |