Suraj Estate Developers IPO allotment date: Realty construction company Suraj Estate Developers' initial public offering (IPO), worth an estimated Rs 400 crore, concluded with an overall subscription of 15.65 times on Wednesday, December 20.

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Suraj Estate Developers shares are set to be listed on bourses BSE and NSE tentatively on December 26, after the finalisation of the allotment of shares on December 21.

Suraj Estate Developers IPO subscription status

At the end of the three-day bidding process, Suraj Estate Developers' share sale received bids for 12.8 crore shares as against the 82.4 lakh shares on offer, a subscription of 15.65 times, on the third and final day of the bidding process, according to provisional exchange data.

Here's how various categories of investors responded to the issue:

Category Subscription (No. of times the equity reserved)
Qualified institutional buyers  24.31
Non-institutional investors 18.9
Retail investors 9.3
Overall 15.65
Source: Exchange data
 

Suraj Estate Developers IPO: Here's a step-by-step guide on how to check the allotment status

Those who participated in the Suraj Estate Developers IPO can check the status of their application online in two ways: through the BSE website and through the website of the registrar.

Suraj Estate Developers IPO allotment status on BSE

Step 1: Visit the official website of the BSE to check the status of the IPO application online. Log in using the direct BSE link, bseindia.com/investors/appli_check.aspx

Step 2: Select the option of 'Equity' under 'Issue Type'

Step 3: Select 'Issue Name'. Either enter your application number in the box or provide your PAN details to proceed further and submit.

The status of your Suraj Estate Developers IPO application status will appear on the screen.

Suraj Estate Developers IPO allotment status check on Link Intime

A bidder may log in at the direct Link Intime website to check the status of the IPO application online, and proceed using the following steps:

Step 1: Log in using the direct Link Intime link, linkintime.co.in/MIPO/Ipoallotment.html

Step 2: Select 'Suraj Estate Developers IPO'

Step 3: Enter PAN details and click on the 'search' option

The status of your Suraj Estate Developers IPO application status will appear on the screen

What does Suraj Estate Developers IPO do?

Incorporated in 1986, Suraj Estate Developers is a real estate construction company that develops residential and commercial real estate in the South Central Mumbai region.

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