Suraj Estate Developers's IPO was open between December 18 and December 20 as the real-estate player offered its shares in the price band of Rs 340-360 per share with a lot size of 41 shares.
Suraj Estate Developers IPO was subscribed 15.65 times as investors placed bids for 12.88 crore shares against the offer size of 82.35 lakh. Qualified institutional buyers (QIBs) showcased maximum interest as they bid 24.31 times the reserved portion.
On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check the allotment status through the BSE or by visiting the registrar s website. Here s how you can check the status on BSE.
Suraj Estate Developers sold its IPO in the price band of Rs 340-360 apiece with a lot size of 41 shares, which was open for bidding between December 18 to December 20.
The IPO of Suraj Estate was subscribed 15.65 times on the last day Wednesday. The category reserved for retail investors was subscribed 9.3 times, while the NII portion was subscribed 18.9 times. The category reserved for the QIB category was subscribed 24.3 times.