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Issue Open Date
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18-Dec-23
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Issue Closing Date
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20-Dec-23
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Application Money
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100
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Allotment Money
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Price Band
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340
-
360
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Minimium Application No.
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41
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Issue Size (Shares)
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11111111
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Market Lot
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1
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Objective
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1. Repayment/Prepayment of the aggregate outstanding borrowings of our Company and our Subsidiaries, Accord Estates Private Limited, Iconic Property Developers Private Limited and Skyline Realty Private Limited;2. Acquisition of land or land development rights; and3. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
|
1764706
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33360757
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18.9044277063715
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Qualified Institutional Buyers
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2352940
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57201396
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24.3106054553027
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Retail Individual Investors
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2352940
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57201396
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24.3106054553027
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Business Description
We are among the top two developers with 15.25% market share as per supply (in number of units) and rank thirdwith 13.50% market share as per absorption (in number of units) in the residential sub-markets of Mahim,Matunga, Dadar, Prabhadevi, and Parel in South
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Promoter's Holding
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Total Share Capital
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33249800
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Offered to Public
|
11111111
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Promoter's Holding (Pre-Issue)
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100
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Promoter's Holding (Post-Issue)
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|
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MORE > |
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Address |
301
3rd Floor
Aman Chambers
Veer Savarkar Marg Opp. Bengal Chemicals
Prabhadevi
Mumbai
,
Maharashtra
,
400025
Phone :
022 24377877
Email :
suraj@surajestate.com
Website :
www.surajestate.com
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Registrar |
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
Anand Rathi Advisors Ltd.
ITI Capital Ltd.
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Promoters |
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Rajan Meenathakonil Thomas
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