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Suraj Estate Developers disappoints at D-St debut; shares lists at 6% discount

Suraj Estate Developers sold its IPO in the price band of Rs 340-360 apiece, with a lot size of 41 shares. The IPO ran from December 18 to December 20.
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Suraj Estate Developers to stage a lukewarm debut on the bourses on Dec 26

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. ....

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