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.

Sunstar Realty Development IPO Details

IPO Date Feb 18, 2013 to Feb 21, 2013
Listing Date Mar 11, 2013
Face Value ₹10 per share
Price ₹20 per share
Lot Size 6000 Shares
Total Issue Size5,310,000 shares
(aggregating up to ₹10.62 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Sunstar Realty Development IPO Reservation

Sunstar Realty Development IPO Lot Size

The Sunstar Realty Development IPO lot size is 6000 shares.

Application Lots Shares Amount
Retail (Min) 1 6000 ₹120,000
Retail (Max) 1 6000 ₹120,000
Lot Size Calculator

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 Prospectus

Sunstar Realty Development IPO Rating

Rating:Rated 2.4 stars
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Sunstar Realty Development IPO Listing Details

Listing Date Mar 11, 2013
BSE Script Code 535141
NSE Symbol
ISIN INE338O01025
Final Issue Price ₹20 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
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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 Analysis

Sunstar Realty Development IPO Recommendation Summary

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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, Nuvama, 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 Mar 11, 2013.
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Sunstar Realty Development IPO Message Board

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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 (400+ Posts, 200+ 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
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
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
Top Contributor Top Contributor (500+ Posts, 100+ Likes)

It is a high risk, low reward game................
2. seenuipo |   Link |Feb 16, 2013 12:08:04 PM (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
Top Contributor Top Contributor (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

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