Sunstar Realty Development Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,520,000 (47%) | — | ₹504 Cr |
| Retail | — | 2,520,000 (47%) | — | ₹504 Cr |
| Market Maker | — | 270,000 (5%) | — | ₹5 Cr |
| Σ Total | — | 5,310,000 (100%) | — | ₹10,620 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹120,000 |
| Retail (Max) | 13 | 78,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 84,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 402,000 | ₹8,040,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To finance the expenditure of work order awarded by Jain Infraprojects Limited – 4.00
- 2 To finance the development and construction related expenditures of the Planned Projects – 5.00
- 3 Brand Building and General Corporate purposes – 1.00
- 4 Issue Expenses – 0.62
Company Overview
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.