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.

Company Promoters:

The Promoters of the Company are:

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

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

IPO Opening DateFeb 18, 2013
IPO Closing DateFeb 21, 2013
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹20 per equity share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME
Issue Size5,310,000 Eq Shares of ₹10
(aggregating up to ₹10.62 Cr)

Sunstar Realty Development IPO Lot Size

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

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹120,000
Maximum16000₹120,000

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 DateMonday, March 11, 2013
BSE Script Code535141
NSE Symbol
Listing InMT
ISININE338O01025
IPO Price₹20 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹20.00
₹21.45
₹21.20
₹22.50
₹22.50
210,000

Sunstar Realty Development IPO Reviews / Ratings

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
   13 AB Samhita Warehousing Complex,
   Off Andheri-Kurla Road, Sakinaka,
   Andheri (E), Mumbai - 400 072.

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

Sunstar Realty Development IPO Lead Manager(s)

Sunstar Realty Development IPO FAQs

  1. What is Sunstar Realty Development IPO?

    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 equity 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.

  2. When Sunstar Realty Development IPO will open?

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

  3. What is the lot size of Sunstar Realty Development IPO?

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

  4. How to apply for Sunstar Realty Development IPO?

    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.

  5. When Sunstar Realty Development IPO allotment?

    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.

  6. When is Sunstar Realty Development IPO listing date?

    The Sunstar Realty Development IPO listing date is on Monday, March 11, 2013.

Sunstar Realty Development IPO Message Board

Ranked Members  Ranked Members

Loading...
6. Neeta Khilnani |Feb 19, 2013 12:30
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 |Feb 19, 2013 08:16
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 |Feb 17, 2013 19:54
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 |Feb 17, 2013 11:02
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 |Feb 17, 2013 19:55
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 |Feb 16, 2013 13:08
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 |Feb 17, 2013 19:58
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 |Feb 15, 2013 13:02
Not worth

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews








Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App