Suraj Estate Developers IPO Allotment Status to be Announced Today

Suraj Estate Developers IPO Allotment Status to be Announced Today

VoM News Desk | December 21, 2023 | 12:44 PM IST | Breaking News | Follow on Google News

Suraj Estate Developers IPO Allotment Status to be Announced Today Image/Company Website

Suraj Estate Developers IPO Allotment Status to be Announced Today

The finalization of share allotment for Suraj Estate Developers IPO is expected today, December 21. Investors who participated in the issue can check their Suraj Estate IPO allotment status on the stock exchanges’ websites or the IPO registrar’s portal, managed by Link Intime India Private Ltd.

The IPO bidding for Suraj Estate Developers commenced on December 18 and concluded on December 20. The issue garnered significant demand from investors and was oversubscribed 16.57 times by the subscription deadline.

Priced in the range of ₹340 to ₹360 per share, the ₹400 crore worth Suraj Estate Developers IPO comprised an entirely fresh issue of 1.11 crore shares.

Applicants can verify the number of shares allocated to them through the basis of allotment. The IPO allotment status, including the number of shares allotted, will be available on Link Intime India’s website.

For those who were not allotted shares, Suraj Estate Developers will initiate the refund process. Allotted shares will be credited to the demat accounts of the successful applicants.

The listing of Suraj Estate shares on BSE and NSE is tentatively scheduled for December 26, 2023. Investors can anticipate the trading debut of the shares on these exchanges on the mentioned date.

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VoM News Desk

VoM News is an online web portal in jammu Kashmir offers regional, National & global news.