Suraj Estate IPO LIVE day 1 subscription status: Issue subscribed 0.19 times, check latest GMP
Suraj Estate IPO day 1 LIVE: The initial public offering (IPO) of Suraj Estate Developers Limited has opened today (Monday, December 18) and it will remain open till 20th December 2023 i.e. till Wednesday this week. This means, Suraj Estate IPO date of subscription will remain open from Monday to Wednesday this week.
The realty company has fixed Suraj Estate IPO price band at ₹340 to ₹360 per equity share. It aims to raise ₹400 crore from its initial offer via issuance of fresh shares. As on 18th Monday the issue had been subscribed 0.19 times.
The public issue subscribed 0.35 times in the retail category, 0.00 times in QIB, and 0.07 times in the NII category by December 18, 2023 12:00:00 AM as per BSE Meanwhile, shares of Suraj Estate Developers Limited are available for trade in grey market. According to investorgain.com, the shares of Suraj Estate Developers Limited are available at a premium of ₹70 in grey market today. Also Read- 75% IPOs show positive returns in past year: Does IPO investing generate alpha? Key things to Know- Suraj Estate IPO GMP: Shares of the company are available at a premium of ₹70 in grey market today.
The GMP hs increased by ₹14 compared to GMP of ₹56 over the weekend. The GMP indicates that investors are expecting listing of the shares at ₹430, 19.44% over the issue price of Rs360 2] Suraj Estate IPO price: The real estate company has fixed Suraj Estate IPO price band at ₹340 to ₹360 per equity share. 3] Suraj Estate Developers IPO date: The public issue has opened today and it will remain open till 20th December 2023.
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