Tag: Suraj Estate Developers ipo gmp

Suraj Estate Developers, a real estate developer, has filed a draft red herring prospectus (DRHP) with SEBI in order to raise $500 million through an initial public offering. The funds will be raised by the issuance of new equity shares. The promoter and promoter group own around 94.89 percent of the corporation, with Rajan Meenathakonil…