Suraj Estate Developers Limited IPO Message Board (Page 9)

FINAL :

Price Band : 340 - 360
Size : 400 cr ( Full Fresh )
M.cap : 1597 cr

PE FY 23 : 37.3
PE FY 24 TTM Basis : 20.6

🏗️ Suraj Estate Developers IPO 🏗️

Date : 18 Dec to 20 Dec 2023
Price: Rs 340 - 360
FV : ₹5
Retail : 35%
Issue Size: Rs 400 Crore
GMP: Rs 50 (+13.89%)

​@newgen consultancy Is it right time to enter in ESAF small finance? In short term isit there any chances of upside?

in my opinion , isme dip nai aayega, 67 great base has been built , ye jab 70 cross kare with good volume (at least thrice) for 2-3 days tab le sakte he for target of 84

​@Don't know 

I am also considering taking a sizeable position in ESAF and fusion micro

ESAF has stellar NIM margins

Both have been able to manage NPA decently
Not fancy so PE is low

I think it's a value buyHigh probability of decent 15% returns(close to 75%)

Multibagger returns if PE expands in future

Opening GMP : 10 Seller

Price Band Unofficially declared .
Punters know it , We have to wait to get it

Realty sector seems to be in uptrend

One more Inox India IPO hit on 14-12-23 to 18-12-23.

GMP not started yet

Ipo price and latest gmp 🔥

I have bank account in Axis ,ICICI and HDFC. which bank offers FD facility so I don't have to break my FD for IPOs.
And can I place retail IPOs through ASBA?

Thanks in advance.

for kotak also you can go for. it also have 6month fd called active money. you can use it as your account balance.no need to break fd.

Suraj Rs.10 Seller Ahmedabad

​@Boring Investor Hi, When did you get the Debit / ATM card for the HUF account? I checked with SBI bank and they told me that no debit cards had been issued for the HUF account for the two years. Is the debit card in the name of HUF or the name of Karta?

NEXT USK

BE WARE....
HIGH DEBT LOSS MAKING

High debt ok. Company is profitable for the past three years according to financials released. Where did you find that it is LOSS MAKING? Kindly enlighten us

can someone suggest best broker for huf account

​@svh No charges and trade at 20/order and no brokerage for equity delivery trades

​@ManishAgarw @IPO APPLIER  Does Dhan allow account for minor? Any feedback?

NEW MAINBOARD IPO

SURAJ ESTATE DEVELOPERS Ltd.

Date : 18-20 December
Size : 400 cr ( Only Fresh issue )
Retail : 35 %
FV : Rs.5/-

Financials FY 23 :
Revenue - 307.9 cr
PAT - 32.06 cr
EPS - 10.10 /-

Q1 24
Revenue - 102.8 cr
PAT - 14.53 cr
EPS - 4.58
LM :
1.ITI Capital 2.Anand Rathi

Registrar : Linkintime

M.cap of around : 1400 cr
Issue price of around 300
PE FY 23 : 43.7
PE FY 24 TTM Basis : 24.2

@newgen consultancy
Dear plz confirm nsdl is out of abeyance from sebi ?

Yes , It's removed from SEBI Abeyance and Set to get SEBI nod soon

Issue Size around 2200 cr

real estate stock are normal not giving good returns in past....lets see what this company will do...

Valuations are going to be on expensive side.

Maybe it will command a PE 35

Hope it posts Super Earnings in H1 24 to prove its valuations .

Around 32-34% equity dilution coming seeing the Size of the IPO .

It's RHP will be filed soon.

But a not at all interesting IPO coming in.

​@newgen consultancy 

Thanks a lot sir for your timely response and guiding on this.

​@newgen consultancy  ji - Regarding to RMB Infracon - today promoters approved ~64lakh preferential shares allotment with 386/- per share. I assume that, they are raising this funds to support that one big order (900 crore) that they have received during Sep-Oct time frame this year. Any comments in this regards? I am holding 3K shares from 78 levels. I am planning to long as their results are good and will be even more better when they start executing the huge order. Am I going wrong anywhere here? your comments or thoughts would definitely help to gauge the situation.

INOX INDIA & Stanley Lifestyle IPO got Sebi approval means two more to add in this list.

और कोई बचा है तो वो भी आ जाओ

मौका है मौका

Not much quality IPOs.....mauka se jyada dhoka lag raha hain sir

Himmat hai to ek ek kar ke aayo 😜

Yes ...sath main hi avenge aur Friday ko hi close karenge

All IPO's toward suraj be like..😒 while suraj be like...🙄

Hum saat aath hai....😂