Chittorgarh.com Logo
Loading...

Sunstar Realty Development Ltd IPO (Sunstar Realty Development IPO) Detail

Feb 18, 2013 - Feb 21, 2013

Incorporated in 2008, Sunstar Realty Development Limited is in the business of infrastructure development. The company mainly engages in the development, sale, and lease of commercial, residential, retail, and industrial properties. Company's portfolio includes residential projects, commercial projects, special economic zones, SRAs, IT parks, biotech parks, robotic car parks, retail parks, and textile parks.

Sunstar Realty's clients includes Arshiya, Jain group of industries, Safal constraction pvt ltd, Triveni infratech, Shree mahalaxmi developers, Kailash darshan developers, Anubhav infrastructure Ltd, Silverpoint Infratech Ltd and Leone infrastructure Ltd.

Objects of the Issue:

The objects of the Issue are to:

1. Finance their business expansion plans; and
2. To achieve the benefits of listing on the SME platform.

Sunstar Realty Development IPO Details

Sunstar Realty Development IPO Date Feb 18, 2013 to Feb 21, 2013
Sunstar Realty Development IPO Face Value ₹10 per share
Sunstar Realty Development IPO Price ₹20 per share
Sunstar Realty Development IPO Lot Size 6000 Shares
Issue Size5,310,000 shares of ₹10
(aggregating up to ₹10.62 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The Promoters of the Company are:

1. Mr. Dipan Jesingbhai Patel
2. Mrs. Kavita Patel
3. Heaven Petrochem Private Limited

Sunstar Realty Development IPO Lot Size

The Sunstar Realty Development IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).

Application Lots Shares Amount
Minimum 1 6000 ₹120,000
Maximum 1 6000 ₹120,000

New Sunstar Realty Development IPO Recommendation by Members

Sunstar Realty Development IPO Recommendations Details | Post Recommendation | Manage Recommendations

Subscribe Neutral Avoid
0 0 0

No Record Found.

Sunstar Realty Development IPO Prospectus

Sunstar Realty Development IPO Rating

25
2.4
Rating:Rated 2.4 stars
Vote Here ...

Sunstar Realty Development IPO Listing Date

Listing Date Monday, March 11, 2013
BSE Script Code 535141
NSE Symbol
Listing In MT Group of Securities
ISIN INE338O01025
IPO Price ₹20 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹20.00
₹21.45
₹21.20
₹22.50
₹22.50

Company Contact Information

Sunstar Realty Development Ltd
23, Regus Business Centre,
Ismail Building, Opp Flora Fountain,
D N Road, Fort, Mumbai 400 001
Phone: 91-22-65341988
Email: info@sunstarrealtors.com
Website: http://www.sunstarrealtors.com

Sunstar Realty Development IPO Registrar

Sharepro Services Private Limited

Phone: 9999999999
Email: sme.ipo@shareproservices.com
Website: http://

Sunstar Realty Development IPO FAQs

Sunstar Realty Development IPO is a SME IPO of 5,310,000 equity shares of the face value of ₹10 aggregating up to ₹10.62 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000 Shares.

The IPO opens on Feb 18, 2013, and closes on Feb 21, 2013.

Sharepro Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Sunstar Realty Development IPO opens on Feb 18, 2013 and closes on Feb 21, 2013.

Sunstar Realty Development IPO lot size is 6000 Shares and the minimum order quantity is .

You can apply in Sunstar Realty Development IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Sunstar Realty Development IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sunstar Realty Development IPO allotment status.

The Sunstar Realty Development IPO listing date is on Monday, March 11, 2013.
Open an Instant Account with Zerodha

Sunstar Realty Development IPO Message Board

Ranked Members List  Ranked Members List

Loading...

8 Comments

6. Neeta Khilnani |   Link |Feb 19, 2013 11:30:03 AM
The issue is clearly avoidable owing to limited operating track record, ambiguous corporate history, promoters un-related to construction, change in auditors twice in the past three years and to top it all, the issue price is at a PE multiple of 75x!
5. Rkg |   Link |Feb 19, 2013 7:16:01 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
You may refer to a write up in moneycontrol.com- Sunstar: Questionable stake-shifting, pricing go unnoticed.Authorised capital until 28/3/2012 was 1 lakh, 29/3/2012 6.5 lakh, 31/3/12 600 lakh,Sept 2012 1500 lakh ,Nov 2012 2050 lakh. Other startling facts also revealed there. Still toying with the idea of applying, go ahead.
4. gundu anna |   Link |Feb 17, 2013 6:54:30 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
UNLESS YOU ARE A PUNTER, YOU SHOULD NOT APPLY FOR THIS KIND OF VERY SMALL IPO''S....
3. SARBANANDA GATTANI |   Link |Feb 17, 2013 10:02:00 AM
can One apply for minimum lot say 100 shares or worth Rs 20000 . And is there liquidity in this sort of IPO . Shall one apply for this sort of IPO
3.1. gundu anna |   Link |Feb 17, 2013 6:55:09 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
UNLESS YOU ARE A PUNTER, YOU SHOULD NOT APPLY FOR THIS KIND OF VERY SMALL IPO''''S

It is a high risk, low reward game................
2. seenuipo |   Link |Feb 16, 2013 12:08:04 PM
Top Contributor Top Contributor (200+ Posts)
O god when this forum will be relieved from Dilip Dhavada''s comments.It is punishment ever seen in the primary market through him.I have not faced problem with either Harshad Mehata or Khetan Parekh periods.
2.1. gundu anna |   Link |Feb 17, 2013 6:58:50 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
hehehe... did anybody force you not to apply or apply in any IPO? We dont have to worry for anybody''s views... if one agrees, can follow, otherwise, can take independent decisions.......!!!
1. Dilip Davda |   Link |Feb 15, 2013 12:02:01 PM
Not worth

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews