Suraj Estate Share: IPO Details, Listing Performance & Updates
Suraj Estate Developers IPO: Listing Performance and Company Updates
| SYMBOL | SURAJEST |
| ISSUE TYPE | Book Built Issue IPO |
| ISSUE OPENS ON | Monday, December 18, 2023 |
| ISSUE CLOSES ON | Wednesday, December 20, 2023 |
| ISSUE PRICE | ₹340 to ₹360 per share |
| ISSUE SIZE | Up to Rs.400.00 Crores |
| FACE VALUE | Rs.5 per share |
Suraj Estate Developers IPO is a book built issue of Rs 400.00 crores. The issue is entirely a fresh issue of 1.11 crore shares.
Thank you for reading this post, don't forget to subscribe!Suraj Estate Developers IPO is open for subscription on December 18, 2023 and close today December 20, 2023. The allotment for the Suraj Estate Developers IPO is expected to be finalized on Thursday, December 21, 2023. Suraj Estate Developers IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, December 26, 2023.
| MINIMUM BID | 41 shares |
| MINIMUM AMOUNT | Rs.14,760 |
| MAXIMUM BID | 533 shares |
| MAXIMUM AMOUNT | Rs.191,880 |
| PROMOTER HOLDING | 74.95% (Post-issue) |
| LISTING DATE | Tuesday, December 26, 2023 |
| LISTING AT | BSE, NSE |
Suraj Estate Developers IPO price band is set at ₹340 to ₹360 per share. The minimum lot size for an application is 41 Shares. The minimum amount of investment required by retail investors is ₹14,760. The minimum lot size investment for sNII is 14 lots (574 shares), amounting to ₹206,640, and for bNII, it is 68 lots (2,788 shares), amounting to ₹1,003,680.
Suraj Estate Share: Listing Performance and Post-Listing Update
Suraj Estate Developers Limited is a real estate development company listed on the Indian stock market. Investors researching Suraj Estate shares can review its listing history, financial performance, business developments and official corporate disclosures to better understand the company.
How to Check Suraj Estate Share Information
-
Current share price: Check the latest available quote on the relevant stock exchange.
-
Listing performance: Compare the verified listing price with the IPO issue price.
-
Financial results: Review the company’s latest quarterly and annual results.
-
Business updates: Follow announcements relating to projects, sales, revenue and other material developments.
-
Investment risks: Consider valuation, real estate market conditions, project execution, debt and cash flow.
Use official stock exchange disclosures and the company’s published financial statements when researching Suraj Estate shares.
Disclaimer: This information is for educational purposes only and is not a recommendation to buy or sell shares. Market prices fluctuate, and past performance does not guarantee future returns.
Understanding Long-Term Investment Strategies
When researching listed companies, investors should consider financial performance, valuation, business risks and their own investment objectives. Read our guide on identifying infrastructure stocks for long-term investment to understand some of the factors involved in evaluating companies.
Understanding Stock Price and Volume Movements
Stock prices can fluctuate in response to market conditions, company announcements and investor activity. Learn about price and volume breakout strategies to understand how traders interpret price movements and trading volume.
Objects of the Issue (Suraj Estate Developers IPO Objectives)
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Repayment/Prepayment of the aggregate outstanding borrowings of the company and its subsidiaries, Accord Estates Private Limited and Iconic Property Developers Private Limited.
- Acquisition of land or land development rights.
- General corporate purposes.
For Existing Clients : https://gudwil.in/IPO
Open an account : https://gudwil.in/smart
Further any clarification, feel free to contact your Branch / Relationship Manager.For all your investment needs feel free to reach us. Give us a missed call at 90037 90027. For Support: 044-40329999
Warm Regards,
Team GoodwillDISCLAIMER : Investments in the securities market are subject to market risk. Read all the related documents carefully before investing. The data and information herein provided are believed to be reliable, but Goodwill Wealth Management Pvt. Ltd., does not warrant its accuracy or completeness. Goodwill Wealth Management Pvt. Ltd., or any of its employees are not liable for any action taken by any party based on the above information. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Special note: Short-term trading on the basis of technical is high risk and skill-oriented venture and may result in huge losses also. Traders doing so are doing at their own risk. We are not responsible for any damages. Note: The material is being provided to you for educational purposes only and does not constitute investment advice; returns mentioned herein are in no way a guarantee or promise of future returns. See Disclaimer, Privacy Policy @ https://www.gwcindia.in/Disclaimer
