Page 95 - Estate Developers News Today

The Mumbai-based realtor has fixed a price band of Rs 340-360 for its IPO and investors can bid for a minimum of 41 shares in one lot and multiples thereafter. According to market analysts, the current GMP of Suraj Estate Developers is Rs 50-60 in the unlisted market.

The quota reserved for retail individual investors (RIIs) was subscribed 2.82 times. The issue was booked 1.03% in the NII category. The portion allotted for qualified institutional bidders was subscribed 12%. According to market analysts, the current GMP of Suraj Estate Developers is Rs 50-60 in the unlisted market.

Suraj Estate Developers IPO: The Rs 400 crore public offer comprises a fresh issue of 1.11 crore shares

Get latest articles and stories on Latest News at LatestLY. Suraj Estate Developers' Initial Public Offer (IPO) received 2.42 times subscription on the second day of bidding on Tuesday. Latest News | Suraj Estate Developers IPO Subscribed 2.42 Times on Day Two of Offer.

Suraj Estate Developers IPO: The price band for the issue, which will close on December 20, has been fixed at Rs 340-360 a share

Equity benchmark indices started Monday's trading session on a tepid note amid subdued cues from the Asian peers.

Upon the conclusion of this issue, the company expects to pay off around Rs 285 crore of debt, leaving approximately Rs 270 crore against a paid-up capital of Rs 500 crore.

This week will experience about 12 IPOs commencement. Continue reading to find out the details of the Initial Public Offerings launching this week.

The price band of Suraj Estate Developers IPO is fixed at Rs 340-360. Investors can bid for 41 shares in 1 lot and in multiples thereafter.

In the six months ended September 2023 period, the companys revenue increased 72% year-on-year to Rs 1042 crore, while profit jumped multifold to Rs 205 crore