IPO Trending
SURAJESTEQ / NSE, BSEListed
Suraj Estate Developers

Incorporated in April 1992, Muthoot Microfin Limited is a microfinance institution that provides small loans mainly to women in rural areas to support income generating activities. As of December 31, 2022, it is the fourth largest NBFC-MFI in India by gross loan portfolio, the largest in Kerala and the third largest in South India. The company also has a strong presence in Tamil Nadu with around 16% market share. As of March 31, 2023, Muthoot Microfin serves 2.77 million customers through 1,172 branches in 321 districts across 18 states and union territories, supported by a workforce of 10,227 employees.

DRHPANCHOR
₹340 - ₹36016.57x sub
Listed Price₹340.00
Listing Gain-5.56%

IPO Schedule & Timeline

Book Built Issue IPO
Open18 Dec 2023
Close20 Dec 2023
Allotment22 Dec 2023
Listing26 Dec 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail38,88,889 shares
35%
Nii(hni)16,66,667 shares
15%
QIB55,55,555 shares
50%

Minimum Application Lots

Retail1 Lot (41 shares)
₹14,760
sHNI14 Lots (574 shares)
₹2,06,640
bHNI68 Lots (2,788 shares)
₹10,03,680

Company Promoters

Mr. Rajan Meenathakonil Thomas

Company Background

Incorporated in April 1992, Muthoot Microfin Limited is a microfinance institution that provides small loans mainly to women in rural areas to support income generating activities. As of December 31, 2022, it is the fourth largest NBFC-MFI in India by gross loan portfolio, the largest in Kerala and the third largest in South India. The company also has a str...

Lead Managers & Bankers

Iti Capital LimitedAnand Rathi Securities Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun 2023)₹102.81 Cr
Growth-57.9%
Revenue Trend (₹ in Crores)
0.0118.0236.0354.1Mar 2021Mar 2022Mar 2023Jun 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun 2023102.8114.53994.73598.50
Mar 2023307.8932.06942.58593.09
Mar 2022273.9126.50864.00638.16
Mar 2021244.006.28792.00600.48

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values10.1058.18%21.93%35.6449.81

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
22 Dec 2023
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
26 Dec 2023

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Suraj Estate Developers. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization22 Dec 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date26 Dec 2023Trading commences on exchange

How to Check Suraj Estate Developers Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Suraj Estate Developers from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Suraj Estate Developers IPO

Complete issue overview for Suraj Estate Developers (SURAJEST) IPO. The issue features an equity share price band of ₹340 – ₹360 per share with a minimum retail lot size of 41 Shares (minimum application amount of ₹14,760). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions