| Suraj Estate Limited | MAIN BOARD | SMALL CAP | REAL ESTATE |
| Minimum Investment ₹13,940.00 /1 Lot (41 shares) | Price Range ₹340-₹360 | ||
| Max Quantity 33 Lots/533 Shares | Max Investment ₹1,91,880.00 | Retail Discount ₹0 | |
| Investor category and sub category Individual- (HNI & Retail) | Issue Size 400.00cr | ||
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IPO Dates
| Offer Starts | Offer Ends | Allotment | Listing |
| 18 Dec 2023 | 20 Dec 2023 | 21 Dec 2023 | 26 Dec 2023 |
About Suraj Estate
Incorporated in 1986, Suraj Estate Developers Limited is a real estate construction company. It develops residential and commercial real estate in the South-Central Mumbai region. The company does not provide any in-house construction services and is 100% dependent on third-party contractors for the construction services of its projects. It has completed forty-two (42) projects in the South Central Mumbai region. In addition, it has developed more than 10 lakh sq. ft. of land in Mumbai. In the residential portfolio, the company is present in the “Value Luxury’ and “Luxury’ segments in various price categories with values ranging from Rs 10 to Rs 130 million.
Share Holding
| Share Holding Pre-Issue | 100% |
| Share Holding Post-Issue | 74.95% |
Financials
| Revenue | |
| Year | Values |
| 2021 | 240 |
| 2022 | 273 |
| 2023 | 306 |
| Total Asset | |
| Year | Values |
| 2021 | 792 |
| 2022 | 864 |
| 2023 | 943 |
| Profit | |
| Year | Values |
| 2021 | 6.28 |
| 2022 | 26.50 |
| 2023 | 32.06 |
Fundamentals
| Values | Values | ||
| Market cap | ₹1597 Cr | ROE | 58.18% |
| P/E (X) | 35.64 | ROCE | 21.93% |
| POST P/E (X) | 49.81 | EPS | 10.1 |
| Debt to Equity | 8.31 | RONW | 58.18% |
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