| Suraj Estate Developers Ltd |
|---|
| Registered Office: 301 3rd Floor Aman Chambers, V S Marg Opp.Bengal Chemicals, Mumbai - 400025, Maharashtra |
| Phone: 91-22-4015 4746/+91-22 4015 4764 |
| 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 | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 18-Dec-2023 | 20-Dec-2023 | ₹ 360.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 41.0 Further Multiples of : 41.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 364.73 | Anand Rathi Advisors Ltd |
| Project Financed through Current Offer | 400.00 | |
| 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 |
|---|
