IPO Price History
Closed
Suraj Estate Developers Limited logo

Suraj Estate Developers Limited IPO

Mainboard IPOListedSURAJESTNSE
Current Market Price (CMP)
₹170.99(-52.50%)
Current Price (CMP)
₹170.99(-52.50%)

Live Market Quote

Listing Price & Gain
₹340(-5.56%)

Day 1 Exchange Open

IPO Issue Price
₹360

Band: ₹340 - ₹360

Total Subscription
15.65x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
18 Dec 2023
IPO Bidding Closes
20 Dec 2023
Allotment & Refunds
Completed
Exchange Listing Day
26 Dec 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 15.65x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)24.31x
Non-Institutional Investors (NII / HNI)18.9x
Retail Individual Investors (RII)9.3x
Total Subscription15.65x
Updated as on 20-Dec-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain-5.56%
₹360 (Issue) → ₹340 (List)
Per share profit: ₹-20.00
Holding Return (Till Date)-52.50%
₹360 (Issue) → ₹170.99 (CMP)
Net gain per share: ₹-189.01
Post-Listing Performance (Listing Day → Today):-49.71%

About Suraj Estate Developers Limited IPO

Suraj Estate Developers Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 18 Dec 2023 and concluded on 20 Dec 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹340 - ₹360.

During the bidding window, Suraj Estate Developers Limited witnessed heavy demand with an overall subscription of 15.65 times. Institutional investors (QIB) subscribed 24.31x, non-institutional high-net-worth investors (NII) subscribed 18.9x, and retail individual investors (RII) bid 9.3x their reserved quota.

The equity shares of Suraj Estate Developers Limited officially debuted on the stock exchanges on 26 Dec 2023 at an opening listing price of ₹340, delivering a listing day return of -5.56% (discount) over the final issue price. As per the latest market data, the stock trades at ₹170.99, representing an overall decline of -52.50% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Suraj Estate Developers Limited IPO?
The issue price of Suraj Estate Developers Limited IPO was fixed at ₹360 per equity share. The indicative bidding price band was ₹340 - ₹360.
What were the open, close, and listing dates for Suraj Estate Developers Limited IPO?
Suraj Estate Developers Limited IPO opened on 18 Dec 2023, closed on 20 Dec 2023, listed on 26 Dec 2023.
How much was Suraj Estate Developers Limited IPO subscribed?
The IPO received an overall subscription of 15.65 times. Category-wise, QIBs subscribed 24.31x, NIIs subscribed 18.9x, and Retail investors subscribed 9.3x.
What was the listing price and listing gain of Suraj Estate Developers Limited IPO?
Suraj Estate Developers Limited IPO listed on the stock exchange at ₹340, delivering a listing discount of 5.56% compared to the IPO issue price of ₹360.
Is Suraj Estate Developers Limited IPO a Mainboard or SME IPO?
Suraj Estate Developers Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Suraj Estate Developers Limited IPO since its IPO?
At the latest market quote of ₹170.99, Suraj Estate Developers Limited IPO has generated an all-time return of -52.50% since its initial public offering.

Related Mainboard IPOs (2023)

INNOVACAP
Innova Captab Limited
₹448+0.92%
AZAD
Azad Engineering Limited
₹524+37.40%
RBZJEWEL
RBZ Jewellers Limited
₹1000.00%
MUFTI
Credo Brands Marketing Limited
₹280+0.84%