Suraj Estate Developers share price today made a weak debut on the bourses today. On NSE, it was listed at ₹340 per share, 5.55 percent lower than the issue price of ₹360.
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.
Amongst the IPOs and listings, all eyes will be on the eight listings scheduled in the coming truncated week in the mainboard segment, though the action will be more in the SME segment.
Suraj Estate Developers IPO: The fund raising has taken place just a day before the public issue opening next week. The subscription for the offer will start from December 18 and will continue till December 20