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.
The ₹400 crore initial public offering (IPO) of real estate firm Suraj Estate Developers was subscribed 3.26 times by 10:55 am on the final day of bidding. It had received bids for 2.53 crore shares as against 77.77 lakh on offer.