Suraj Estate Developers Ltd |
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Registered Office: 301 3rd Floor Aman Chambers,V S Marg Opp.Bengal Chemicals,Mumbai-400025, Maharashtra |
Tel. No: 91-22-4015 4746/+91-22 4015 4764 |
Fax No: |
Email: suraj@surajestate.com |
Website: www.surajestate.com |
Initial public offering of 11,111,111^ equity shares of face value Rs. 5 each ("Equity Shares") of Suraj Estate Developers Limited ("The Company" or the "Issuer") for cash at a price of Rs. 360 per equity share (including a securities premium of Rs. 355 per equity share) ("Issue Price"), aggregating to Rs. 400.00 crores^ (the "Issue"). The issue constitutes 25.05% of the post-issue paid-up equity share capital of the company. The face value of equity shares is Rs. 5 each. The issue price is 72 times the face value of the equity shares. ^Subject to finalization basis the allotment |
Issue | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
18-Dec-2023 | 20-Dec-2023 | ₹360.00 - 0.00 | ₹0.00 - 0.00 |
Minimum Application for shares in Nos : 41 | Further Multiples of :41 |
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(₹ Cr) | Lead Managers to the Issue | |
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Project Cost | 364.73 | Anand Rathi Advisors Ltd |
Project Financed through Current Offer | 400.00 | ITI Capital Ltd |
Post Issue Equity Share Capital | 22.18 | |
Issue Price | 360.00 |
Projects |
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Repayment/prepayment of the aggregate outstanding borrowings of the company and the company subsidiary, Accord Estates Pvt Ltd, Iconic Property Developers Pvt Ltd and Skyline Realty Pvt Ltd |
Acquisition of land or land development rights |
General corporate purposes |
Promoted By |
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Rajan Meenathakonil Thomas |
Listing At |
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BSE |
NSE |
Registrar To The Issue |
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