JKB Financial Services Ltd.

Suraj Estate Developers Ltd
Registered Office: 301 3rd Floor Aman Chambers, V S Marg Opp.Bengal Chemicals, Mumbai - 400025, Maharashtra
Phone: 91-22-4015 4746/+91-22 4015 4764
Email: suraj@surajestate.com
Website: www.surajestate.com
Initial public offering of 11,111,111^ equity shares of face value Rs. 5 each (Equity Shares) of Suraj Estate Developers Limited (The Company or the Issuer) for cash at a price of Rs. 360 per equity share (including a securities premium of Rs. 355 per equity share) (Issue Price), aggregating to Rs. 400.00 crores^ (the Issue). The issue constitutes 25.05% of the post-issue paid-up equity share capital of the company. The face value of equity shares is Rs. 5 each. The issue price is 72 times the face value of the equity shares. ^Subject to finalization basis the allotment

Suraj Estate Developers Ltd

Registered Office: 301 3rd Floor Aman Chambers, V S Marg Opp.Bengal Chemicals, Mumbai - 400025, Maharashtra

Phone: 91-22-4015 4746/+91-22 4015 4764

Initial public offering of 11,111,111^ equity shares of face value Rs. 5 each (Equity Shares) of Suraj Estate Developers Limited (The Company or the Issuer) for cash at a price of Rs. 360 per equity share (including a securities premium of Rs. 355 per equity share) (Issue Price), aggregating to Rs. 400.00 crores^ (the Issue). The issue constitutes 25.05% of the post-issue paid-up equity share capital of the company. The face value of equity shares is Rs. 5 each. The issue price is 72 times the face value of the equity shares. ^Subject to finalization basis the allotment

Issue	Money Payable On
18-Dec-2023	20-Dec-2023	₹ 360.00	₹ 0.00

Issue

Money Payable On

Opens On

Closes On

Application

Allotment

18-Dec-2023

20-Dec-2023

₹ 360.00

₹ 0.00

Minimum Application for shares in Nos : 41 Further Multiples of : 41
Project Cost	364.73	Anand Rathi Advisors Ltd
Project Financed through Current Offer	400.00
Post Issue Equity Share Capital	22.18
Issue Price	₹360.00

Minimum Application for shares in Nos : 41 Further Multiples of : 41

(₹)Cr.

Lead Managers to the Issue

Project Cost

364.73

Anand Rathi Advisors Ltd

Project Financed through Current Offer

400.00

Post Issue Equity Share Capital

22.18

Issue Price

₹360.00

Projects
Repayment/prepayment of the aggregate outstanding borrowings of the company and the company subsidiary, Accord Estates Pvt Ltd, Iconic Property Developers Pvt Ltd and Skyline Realty Pvt Ltd
Acquisition of land or land development rights
General corporate purposes

Projects

Repayment/prepayment of the aggregate outstanding borrowings of the company and the company subsidiary, Accord Estates Pvt Ltd, Iconic Property Developers Pvt Ltd and Skyline Realty Pvt Ltd

Acquisition of land or land development rights

General corporate purposes

Promoted By
Rajan Meenathakonil Thomas

Promoted By

Rajan Meenathakonil Thomas

Listing At
BSE
NSE

Listing At

BSE

NSE

Registrar to the Issue
Link Intime India Pvt Ltd

Registrar to the Issue

Link Intime India Pvt Ltd

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