Suraj Estate IPO allotment out. Latest GMP, how to check status online
Suraj Estate IPO: Allotment status of the initial public offering (IPO) of Mufti brand's patent company Suraj Estate Developers Limited has been declared. Those who have applied for the public issue can check Suraj Estate IPO allotment status online by logging in at the BSE website or at the website of official registrar of the book build issue — Link Intime Private Limited.
After declaration of Suraj Estate IPO allotment, focus has now shifted towards Suraj Estate IPO listing date, which has been fixed on 26th December 2023. Also Read: Credo Brands IPO allotment declared.
Latest GMP, how to check status As per the information avilable in BSE notice, “Trading Members of the Exchange are hereby informed that effective from Tuesday, December 26, 2023, the equity shares of Suraj Estate Developers Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities." Meanwhile, after announcement of Suraj Estate IPO allotment status, shares of the real estate company have remained strong in unlisted stock market. Also Read: Happy Forgings IPO allotment out.
GMP, how to check allotment status online According to share market observers, Suraj Estate shares are available at a premium of ₹26 in grey market today. This means, Suraj Estate IPO grey market premium (GMP) today is ₹26, which signals that grey market is expecting that Suraj Estate IPO listing price would be around ₹386 ( ₹360 + ₹26).
So, the unlisted stock market is signaling 7 per cent listing gain for allottees after declaration of Suraj Estate IPO allotment status. Also Read: Ola Electric IPO: Check 10 key things to know from DRHP As mentioned above, an applicant can check Suraj Estate IPO allotment status online by logging in at
. Read more on livemint.com
