Suraj Estate Developers IPO — Listing Performance

Suraj Estate Developers IPO facts & figures

Issue categoryMainboard
Issue open date18 Dec 2023
Listing date26 Dec 2023
Issue price₹360
Listing-day close₹334.50 (-7.08%)
Recent market price₹174.59 (-51.5% vs issue)
52-week range₹173.92 – ₹305.40
IdentifiersNSE: SURAJEST · ISIN: INE843S01025

How the listing went

Suraj Estate Developers listed at a discount, closing its first day 7.08% below the issue price.

Suraj Estate Developers against every other debut on record

  • Rank in 2023: 164 of 172 NSE debuts, on a -7.08% first-day close.
  • 5th percentile of 56 mainboard debuts in 2023 (median 21.06%).
  • 23rd of 24 debuts in December 2023.
  • Opened 5.56% below issue, then gave up 1.52 points to the close.
  • Day-one range ₹324.05 to ₹354.45: a 8.44% swing on the issue price.
  • Last close ₹174.59 (11 Sep 2026): 51.5% below issue, against -7.08% on day one.
  • 1% up its 52-week range of ₹173.92 to ₹305.40.
  • Priced at the top of the ₹340 to ₹360 band.
  • Listed 6 calendar days after close.
  • All 508 mainboard debuts on record: median 12.01%, 72% closed above issue.

Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources

Nearby debuts

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