The details about the Suraj Estate Developers IPO is as:
- The issue size of the Suraj Estate Developers IPO is 400 Cr.
- The price band for Suraj Estate Developers IPO is Rs 340 to Rs 360.
- The shares of Suraj Estate Developers IPO will list on 26th December 2023.
- The latest tentative GMP of Suraj Estate Developers IPO is Rs 70.
- The shares of Suraj Estate Developers IPO is subscribed 16.36 Times as of 4:23 pm, 20th December 2023.
Suraj Estate Developers IPO Valuation
The approx valuation of Suraj Estate Developers IPO company based on its price band and RHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 360 |
| Existing Shares (Qty) |
3.32 Cr |
| Fresh Issue |
400 Cr |
| Market Cap |
1595.2 Cr |
| EPS (FY23) |
Rs 10.10 |
| PE Ratio |
35.64x |
| Industry PE |
668.83x |
Suraj Estate Developers IPO Issue Size
Suraj Estate Developers IPO issue size is Rs 400 Cr.
| Issue |
Amount |
| Fresh Issue |
400 Cr |
| Offer For Sale |
0 Cr |
Suraj Estate Developers IPO Market Lot
An Individual can apply for a minimum 1 lot of 41 shares and a maximum of 13 lots of 533 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
41 |
Rs 14,760 |
| Maximum |
13 |
533 |
Rs 1,91,880 |
Suraj Estate Developers IPO share offer
The shares of Suraj Estate Developers IPO is subscribed 16.36 Times as of 4:23 pm, 20th December 2023. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
25.74 Times |
| Non-Institutional |
Minimum 15% |
19.93 Times |
| Retail Individual |
Minimum 35% |
9.47 Times |
| Total |
|
16.36 Times |
Find below the dates for Suraj Estate Developers IPO:
| Schedule |
Date |
| Basis of Allotment |
21 December 2023 |
| Refunds |
22 December 2023 |
| Credit to Demat Account |
22 December 2023 |
| IPO Listing Date |
26 December 2023 |