Suraj Estate Developers Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹15(4.17%)
Premium (ELP)
Having completed its public offering, Suraj Estate Developers Limited's is now listed and trading on the NSE, BSE exchange as of Dec 26, 2023. The IPO raised cumulative capital of 1,11,11,111 Shares, including 1,11,11,111 Shares in primary capital infusion.
The IPO was conducted with a price range of ₹340 to ₹360 and minimum investment requirement of 41 shares. subscription activity between Dec 18, 2023 and Dec 20, 2023 reflected market assessment of the offering's valuation and prospects.
The allotment process finalized on Dec 22, 2023 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in April 1992, Muthoot Microfin Limited is a microfinance institution that provides small loans mainly to women in rural areas to support income generating activities. As of December 31, 2022, it is the fourth largest NBFC-MFI in India by gross loan portfolio, the largest in Kerala and the third largest in South India. The company also has a strong presence in Tamil Nadu with around 16% market share. As of March 31, 2023, Muthoot Microfin serves 2.77 million customers through 1,172 branches in 321 districts across 18 states and union territories, supported by a workforce of 10,227 employees.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
NA
NA
- Mr. Rajan Meenathakonil Thomas
Suraj Estate Developers Limited
Link Intime India Private Limited