ListedMainboardSURAJEST

Suraj Estate Developers Limited

Suraj Estate Developers Limited is a mainboard IPO raising ₹400 Cr at ₹340 – ₹360 a share. It listed on 26 Dec 2023 and trades at ₹193 today, −46.4% against its issue price of ₹360. It was subscribed 16× in total.

360
Issue price
193
Price now
−46.4%
Since issue price
26 Dec 2023
Listed on
16×Subscribed (final) · all exchanges

15.6 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
23,52,9405,72,01,39624×
Foreign Institutional Investorsno separate quota2,73,00,424n/a
Domestic Financial Institutionsno separate quota1,85,51,639n/a
Mutual fundsno separate quota0n/a
Othersno separate quota1,13,49,333n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
17,64,7063,33,60,75719×
Non Institutional Investors11,76,4712,04,10,00517×
Corporatesno separate quota5,65,472n/a
Individualsno separate quota1,80,78,212n/a
Othersno separate quota17,66,321n/a
Non Institutional Investors5,88,2351,29,50,75222×
Corporatesno separate quota76,014n/a
Individualsno separate quota1,15,30,676n/a
Othersno separate quota13,44,062n/a
Retail
Ordinary investors bidding up to ₹2 lakh
41,17,6473,82,86,7849.30×
Cut Offno separate quota3,29,46,862n/a
Price bidsno separate quota53,39,922n/a
Total82,35,29312,88,48,93716×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 07:04 pm IST.

How demand built

We hold no subscription readings for this issue.