The Suraj Estate Developers IPO subscription status started on December 18, 2023, and it is also being subscribed by QIB, NII, and RII. The Suraj Estate Developers IPO began on December 18, 2023, and will end on December 20, 2023. Suraj Estate Developers IPO is preparing to raise ₹400.00 crores through its fresh issue and the Suraj Estate Developers IPO price band is fixed at ₹340 to ₹360 per share. You Can check Suraj Estate Developers IPO GMP here.
Suraj Estate Developers Limited is a real estate construction company. The company develops real estate across the residential and commercial sectors in the South Central Mumbai region. The company has a 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.
Suraj Estate Developers IPO reserved shares in this IPO, 50% for QIB 15% for NII, and 35% for the retail category have been reserved. To know the Suraj Estate Developers IPO Subscription Status, you can see the below-day Subscription.
Suraj Estate Developers IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹32.06 Cr ₹360 /EQ 10.10 35.64x 58.18 % 58.18 % 21.93 % 8.31 ₹22.49 ₹942.58 Cr ₹1597.00 Cr 100.00 % 74.95 % |
| Team Review : | ✔ Apply For Long Term |
Suraj Estate Developers IPO Subscription Status {Live Update} :
The total Suraj Estate Developers IPO Subscription Status subscribed 0.78x times so far, with QIB subscribed 0.13x and NII subscribed 0.30x times & RII 1.37x times on Day 1.
The Subscription data live fetching every second by exchanges. Click the Refresh button to reload the table.
Day 2
The final subscription data is added automatically below the table after the day ends at 7:00 P.m.
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.13x | x | x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 0.30x ______ 0.15x 0.62x | x ______ x x | x ______ x x |
| RII : | 1.37x | x | x |
| Total : | 0.78x | x | x |
Suraj Estate Developers IPO Net Shares Offered:
Suraj Estate Developers IPO is a public issue of 11,111,110 equity shares. The issue offers 2,222,222 shares to qualified institutional buyers, 1,666,666 shares to non-institutional investors, and 3,888,889 shares to retail investors.
| Category | Net EQ Offer | Amount(in Cr) |
| Anchor : | 3,333,333 | 120.00 |
| QIB : | 2,222,222 | 80.00 |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 1,666,666 ______________ 1,111,110 555,555 | 60.00 _______ 40.00 20.00 |
| RII : | 3,888,889 | 140.00 |
| Total : | 11,111,110 | 400.00 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Suraj Estate Developers IPO Subscription Status FAQs :
How much was the total Suraj Estate Developers IPO Subscription Status?
The total Suraj Estate Developers IPO Subscription Status 0.78x times Day 1.
What is the Suraj Estate Developers IPO retail subscription Status?
Suraj Estate Developers IPO Retail Subscription 1.37x times Day 1.
How much is the Suraj Estate Developers IPO QIB subscription Status?
The Suraj Estate Developers IPO QIB subscription 0.13x times Day 1.
How much did Suraj Estate Developers IPO NII subscribe?
Suraj Estate Developers IPO NII Subscription 0.30x times Day 1.
What is the Suraj Estate Developers IPO Allotment Date?
Suraj Estate Developer’s IPO allotment date is 21 December 2023.
What is the Suraj Estate Developers IPO Listing Date?
Suraj Estate Developers’ IPO listing date is 26 December 2023. The IPO is to be listed on BSE and NSE.
How to Apply for the Suraj Estate Developers IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Suraj Estate Developers IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Suraj Estate Developers IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Suraj Estate Developers IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Suraj Estate Developers IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Suraj Estate Developers IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Suraj Estate Developers IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “Suraj Estate Developers IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Suraj Estate Developers IPO GMP: Click Here Suraj Estate Developers IPO Details: Click Here Suraj Estate Developers IPO Allotment: Click Here Suraj Estate Developers IPO Listing: Click Here |
All Suraj Estate Developers IPO-related links are available here. If you want to know the details then click on the Click Here Link.
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