The Suraj Estate Developers IPO minimum market lot is 41 with ₹14,760 application amount. The IPO is a Mainline IPO, and it will be listed on NSE and BSE.
Suraj Estate Developers has been involved in the real estate business since 1986 and develops real estate across the residential and commercial sectors in the South Central Mumbai region. They are now venturing into residential real estate development in the Bandra submarket. In their residential portfolio, they are present across the “value luxury” and “luxury” segments across multiple price points with unit values ranging from ₹10.00 million to ₹130.00 million. In their commercial portfolio, they have constructed and sold built-to-suit corporate headquarters to our institutional clientele namely, Saraswat Cooperative Bank Limited (Prabhadevi) and Clearing Corporation of India Limited (Dadar). To cater to the increasing need for smaller independent offices in the commercial segment, they plan to foray into developing boutique office spaces on Tulsi Pipe Road, Mahim.
IPOWatch View
We recommend investors may apply for an IPO with Long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Suraj Estate Developers IPO Subscription Status – Day 3
| IPO Category | IPO Subscription Numbers |
| QIB | 25.74 |
| NII | 20.01 |
| bNII | 18.37 |
| sNII | 23.29 |
| RII | 9.80 |
| Total | 16.54 |
Suraj Estate Developers IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Suraj Estate Developers IPO Review
- May Apply
Suraj Estate Developers IPO Form
How to apply for the Suraj Estate Developers IPO? You can apply for Suraj Estate Developers IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Suraj Estate Developers IPO in the Invest section. The other option is you can apply for Suraj Estate Developers IPO via IPO forms downloaded via NSE and BSE. Check out the Suraj Estate Developers forms – Click NSE and BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
