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
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹340 – ₹360
Cut-off price₹360
Issue size₹400 Cr
Shares per lot41
Minimum application₹14,760
Minimum quantity41
Face value₹10
Listing exchanges—
ISININE843S01025
Bidding hours10:00 – 17:00 IST
Bidding window18 Dec 2023 – 20 Dec 2023
Not here yet
Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.