IPO - Initial Public Offers - Sunstar Realty Development Ltd IPO - Feb 21, 2013 in IPO's & MF's - ...
02-20-2013 04:41 PM
Sunstar Realty Development Ltd IPO - Feb 21, 2013
Issue Price: Rs. 20 Per Equity Share
»» Issue Open: Feb 18, 2013 - Feb 21, 2013
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 5,310,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 10.62 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Market Lot: 6000 Shares
»» Minimum Order Quantity: 6000 Shares
»» Listing At: BSE SME
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.
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.
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