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Suraj Estate Developers IPO
₹334.50
−7.08% on listing
Listing-day close · NSE · 26 Dec 2023 · issue price ₹360
Suraj Estate Developers’ ₹400 crore IPO was priced at ₹360 a share. It listed on the NSE on 26 Dec 2023 and closed its first day at ₹334.50, down 7.08% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹400 Cr
- Fresh issue
- ₹400 Cr
- Offer for sale
- —
- Lot size
- 41 shares
- Minimum investment
- ₹14,760
- Face value
- ₹5
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 11.78× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹1,597 Cr
- P/E (post-issue)
- 49.8
- ROE
- 58.18%
- ROCE
- 21.93%
- Debt to equity
- 8.31
- PAT margin
- 10.49%
- Promoter holding
- 100.00% → 74.95%
From the offer documents.
Listing
- Listing date
- 26 Dec 2023
- Issue price
- ₹360
- Open
- ₹340.00
- High
- ₹354.45
- Low
- ₹324.05
- Close
- ₹334.50
Listing day on the NSE. The close was −7.08% on the issue price.
SURAJEST share price todayFAQs
When did the Suraj Estate Developers IPO open and close?
It opened on 18 Dec 2023 and closed on 20 Dec 2023.
What was the Suraj Estate Developers IPO price?
The price band was ₹340–360 a share. The final issue price was ₹360.
What is the lot size and minimum investment?
One lot is 41 shares, ₹14,760 at ₹360 a share. Retail investors apply in whole lots.
How much did Suraj Estate Developers raise?
₹400 crore: ₹400 crore of new shares.
How many times was the Suraj Estate Developers IPO subscribed?
11.78 times overall.
How did Suraj Estate Developers list?
It listed on the NSE on 26 Dec 2023 at ₹340.00 and closed the day at ₹334.50, down 7.08% on the ₹360 issue price.
Who is the registrar of the Suraj Estate Developers IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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