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Suraj Estate Developers Ltd

Thu 13/03/2025,15:57:56 | NSE : SURAJEST

₹ 294.60-2.15 (-0.72%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 296.75

Previous Close

₹ 296.75

Volume

300435

Mkt Cap ( Rs. Cr)

₹1407.40

High

₹ 305.00

Low

₹ 288.95

52 Week High

₹ 847.00

52 Week Low

₹ 255.80

Book Value Per Share

₹ 119.92

Dividend Yield

0.00

Face Value

₹ 5.00

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Collective community sentiment on Suraj Estate Developers Ltd

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50.00%

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Option Chain

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News

Media spotlight triggers stock stock attention, sentiment.

  • Suraj Estate Develop - Copy of Newspaper Publication

    8 Mar 2025, 3:12PM Suraj Estate Developers Limited has informed the Exchange about Copy of Newspaper Publication
  • Suraj Estate Develop - Corrigendum To The Heading Of The Corporate Announcement Made On 07/03/2025 16:03:54

    7 Mar 2025, 5:45PM Please be read the heading of the said announcement as 'NOTICE Is Hereby Given That 02/2024-25 An Extra-Ordinary General Meeting of the Members of Sur
  • Suraj Estate Develop - Notice Of Shareholders Meetings-XBRL

    7 Mar 2025, 4:09PM Suraj Estate Developers Limited has informed the Exchange about Notice of Shareholders Meeting for Extra-ordinary Meeting to be held on 01-Apr-2025
  • Suraj Estate Develop - NOTICE Is Hereby Given That An 01/2024-25 Extra-Ordinary General Meeting Of The Members Of Suraj Estat

    7 Mar 2025, 4:04PM NOTICE Is Hereby Given That 02/2024-25 An Extra-Ordinary General Meeting of the Members of Suraj Estate Developers Limited Will Be Held On Tuesday, Ap
  • Suraj Estate Develop - Shareholders meeting

    7 Mar 2025, 3:35PM Suraj Estate Developers Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on April 01, 2025
  • Suraj Estate Develop - General Updates

    28 Feb 2025, 6:44PM Suraj Estate Developers Limited has informed the Exchange about Intimation Of Receipt Of Trading Approval From Stock Exchanges Pursuant To Regulation
  • Suraj Estate Develop - General Updates

    28 Feb 2025, 6:40PM Suraj Estate Developers Limited has informed the Exchange about Intimation Of Receipt Of Trading Approval From Stock Exchanges Pursuant To Regulation
  • Suraj Estate Develop - Intimation Of Receipt Of Trading Approval From Stock Exchanges Pursuant To Regulation 30 Of The Securi

    28 Feb 2025, 6:32PM Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015, we
  • Suraj Estate Develop - Intimation Of Receipt Of Trading Approval From Stock Exchanges Pursuant To Regulation 30 Of The Securi

    28 Feb 2025, 6:27PM Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015, we
  • Suraj Estate Develop - Analysts/Institutional Investor Meet/Con. Call Updates

    25 Feb 2025, 6:02PM Suraj Estate Developers Limited has informed the Exchange about Schedule of meet
  • Suraj Estate Develop - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    25 Feb 2025, 6:00PM Intimation of Investor Meet
  • Suraj Estate Develop - Monitoring Agency Report

    14 Feb 2025, 11:32PM Monitoring agency report of preferential issue for December 31, 2024
  • Suraj Estate Develop - Statement of deviation(s) or variation(s) under Reg. 32

    14 Feb 2025, 11:18PM Suraj Estate Developers Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
  • Suraj Estate Develop - Statement Of Deviation Or Variation In Utilization Of Funds Raised Under Preferential Issue-Regulation

    14 Feb 2025, 11:16PM Statement of Deviation or Variation in utilization of funds raised under Preferential Issue-Regulation 32 of the SEBI (Listing Obligations and Disclos
  • Suraj Estate Develop - General Updates

    14 Feb 2025, 5:21PM Suraj Estate Developers Limited has informed the Exchange about Intimation Of Receipt Of Listing Approval From Stock Exchanges
  • Suraj Estate Develop - Intimation Of Receipt Of Listing Approval From Stock Exchanges

    14 Feb 2025, 5:12PM we wish to inform that BSE Limited vide its letter bearing No. LOD/PREF/KS/FIP/1669/2024-25 dated 13th January, 2025 and National Stock Exchange of In
  • Suraj Estate Develop - Analysts/Institutional Investor Meet/Con. Call Updates

    13 Feb 2025, 5:19PM Suraj Estate Developers Limited has informed the Exchange about Transcript
  • Suraj Estate Develop - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    13 Feb 2025, 5:12PM Earnings call transcript for quarter and Nine Months ended December 31, 2024 of Suraj Estate Developers Limited.\r\n
  • Suraj Estate Develop - General Updates

    12 Feb 2025, 5:07PM Suraj Estate Developers Limited has informed the Exchange about Intimation Of Receipt Of Listing Approval From Stock Exchanges
  • Suraj Estate Develop - Intimation Of Receipt Of Listing Approval From Stock Exchanges

    12 Feb 2025, 5:03PM we wish to inform that BSE Limited vide its letter bearing No. LOD/PREF/KS/FIP/1668/2024-25 dated 13th January, 2025 and National Stock Exchange of In
  • Suraj Estate Develop - Analysts/Institutional Investor Meet/Con. Call Updates

    11 Feb 2025, 5:54PM Suraj Estate Developers Limited has informed the Exchange about Link of Recording
  • Suraj Estate Develop - Copy of Newspaper Publication

    11 Feb 2025, 2:17PM Suraj Estate Developers Limited has informed the Exchange about Copy of Newspaper Publication for financial results for the Quarter and Nine Months en
  • Suraj Estate Develop - General Updates

    11 Feb 2025, 1:24PM Suraj Estate Developers Limited has informed the Exchange about General Updates-Investor s Presentation on the Unaudited Financial Results for the Qua
  • Suraj Estate Develop - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    11 Feb 2025, 5:51PM Outcome of Earnings Conference Call for the quarter and Nine months ended December 31, 2024-Audio recording of the Earnings Conference Call held today
  • Suraj Estate Develop - Announcement under Regulation 30 (LODR)-Investor Presentation

    11 Feb 2025, 1:17PM Investor's Presentation on the Unaudited Financial Results for the Quarter and Nine months ended December 31, 2024.
  • Suraj Estate Develop - Integrated Filing- Financial

    10 Feb 2025, 9:02PM Financial Results for the Quarter ended December 31, 2024
  • Suraj Estate Develop - Announcement under Regulation 30 (LODR)-Change in Management

    10 Feb 2025, 9:00PM Intimation of Resignation of Company Secretary and Compliance officer
  • Suraj Estate Develop - Change in Company Secretary/Compliance Officer

    10 Feb 2025, 8:59PM Suraj Estate Developers Limited has informed the Exchange about Change in Company Secretary/Compliance Officer
  • Suraj Estate Develop - Integrated Filing (Financial)

    10 Feb 2025, 8:58PM Financial results for the quarter ended December 31, 2024
  • Suraj Estate Develop - Change in Auditors

    10 Feb 2025, 8:57PM Suraj Estate Developers Limited has informed the Exchange regarding Change in Auditors of the company.
  • Suraj Estate Develop - Appointment Of Internal Auditors For The Financial Year 2024-25

    10 Feb 2025, 8:53PM Appointment of Internal Auditors for the financial year 2024-25
  • Suraj Estate Develop Q3 net profit up 34.04% at Rs 22.13 cr

    10 Feb 2025, 8:50PM The company reported standalone net profit of Rs 22.13 crore for the quarter ended December 31, 2024 as compared to Rs 16.51 crore in the same period
  • Suraj Estate Develop - Board Meeting Outcome For Approval Of Unaudited (Consolidated And Standalone Financial) Results Along

    10 Feb 2025, 8:43PM Board meeting outcome for approval of Unaudited (Consolidated and Standalone Financial) Results along with Limited Review Reports for the Quarter and
  • Suraj Estate Develop - Financial Result Updates

    10 Feb 2025, 8:41PM Suraj Estate Developers Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Suraj Estate Develop - Outcome of Board Meeting

    10 Feb 2025, 8:39PM Suraj Estate Developers Limited has informed the Exchange regarding Board meeting held on February 10, 2025.
  • Suraj Estate Develop - Board Meeting Outcome for Outcome Of Board Meeting Dated 10 Feb, 2025

    10 Feb 2025, 8:38PM Outcome of Board meeting for approval of the following\r\n\r\n1) Unaudited (Consolidated and Standalone Financial) Results along with Limited Review R
  • Suraj Estate Develop - Analysts/Institutional Investor Meet/Con. Call Updates

    4 Feb 2025, 3:34PM Suraj Estate Developers Limited has informed the Exchange about Schedule of meet
  • Suraj Estate Develop - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    4 Feb 2025, 3:30PM Analyst call Intimation\r\n
  • Suraj Estate Develop - Board Meeting Intimation

    1 Feb 2025, 5:33PM Suraj Estate Developers Limited has informed the Exchange about Board Meeting to be held on 10-Feb-2025 to inter-alia consider and approve the Unaudit
  • Suraj Estate Develop - Board Meeting Intimation for Approval Of Un-Audited Standalone And Consolidated Financial Results Of T

    1 Feb 2025, 5:23PM Suraj Estate Developers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/02/2025 ,inter alia, to consi
  • Suraj Estate Develop has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    18 Jan 2025, 5:40PM As of December 2024, 69.60% is owned by Indian Promoters and 30.40% by Public. <p align=justify> Top five Promoters holding highest number of shares o
  • Suraj Estate Develop - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    15 Jan 2025, 4:12PM Suraj Estate Developers Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the Quart
  • Suraj Estate Develop - Updates

    15 Jan 2025, 4:06PM Suraj Estate Developers Limited has informed the Exchange regarding 'The Company has been informed by the Registrar and Share Transfer Agent that they
  • Suraj Estate Develop - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    15 Jan 2025, 3:59PM compliance-Certificate under regulation 74(5) of SEBI (DP) Regulation, 2018 for the Quarter ended December 31, 2024
  • Suraj Estate Develop - Change Of Name Of The Registrar And Share Transfer Agent (\RTA\) Of The Company From Link Intime India

    15 Jan 2025, 3:55PM Intimation for Change Of Name Of The Registrar And Share Transfer Agent (\RTA\) Of The Company From Link Intime India Private Limited To MUFG Intime I
  • Suraj Estate Develop - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    8 Jan 2025, 2:18PM SURAJ ESTATE DEVELOPERS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Tran
  • Suraj Estate Develop - General Updates

    8 Jan 2025, 1:18PM Suraj Estate Developers Limited has informed the Exchange about Reconstitution of Committees of the Board
  • Suraj Estate Develop - Reconstitution Of Committees Of The Board

    8 Jan 2025, 1:15PM Reconstitution of Committees of the Board
  • Suraj Estate Develop - Announcement under Regulation 30 (LODR)-Change in Directorate

    8 Jan 2025, 1:13PM Appointment of Directors
  • Suraj Estate Develop - Announcement under Regulation 30 (LODR)-Change in Management

    8 Jan 2025, 1:08PM Appointment of Directors and Secretarial Auditor
  • Suraj Estate Develop - Change in Auditors

    8 Jan 2025, 1:03PM Suraj Estate Developers Limited has informed the Exchange regarding Change in Auditors of the company.
  • Suraj Estate Develop - Appointment

    8 Jan 2025, 1:03PM Suraj Estate Developers Limited has informed the Exchange regarding Appointment of Mr. Jitendra Shantilal Mehta (DIN:00359501) as Additional Director
  • Suraj Estate Develop - Outcome of Board Meeting

    8 Jan 2025, 12:46PM Suraj Estate Developers Limited has informed the Exchange regarding Board meeting held on January 08, 2025.
  • Suraj Estate Develop - Board Meeting Outcome for Outcome Of Board Meeting Held On January 08, 2025

    8 Jan 2025, 12:43PM With reference to the captioned subject, please be informed that the Board of Directors of the\r\nCompany at its meeting held today, i.e., January 08,
  • Suraj Estate Develop - Outcome of Board Meeting

    8 Jan 2025, 12:38PM Suraj Estate Developers Limited has informed the Exchange regarding Outcome of Board Meeting held on January 08, 2025.
  • Suraj Estate Develop - Board Meeting Intimation

    6 Jan 2025, 11:52AM SURAJ ESTATE DEVELOPERS LIMITED has informed the Exchange about Board Meeting to be held on 08-Jan-2025 to consider Other business.
  • Suraj Estate Develop - Board Meeting Intimation for Appointment Of Independent Directors And Secretarial Auditor

    3 Jan 2025, 5:40PM Suraj Estate Developers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/01/2025 ,inter alia, to consi
  • Suraj Estate Develop - Trading Window-XBRL

    24 Dec 2024, 3:20PM Suraj Estate Developers Limited has informed the Exchange about Closure of Trading Window
  • Suraj Estate Develop - Trading Window

    24 Dec 2024, 3:18PM Suraj Estate Developers Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regul
  • Suraj Estate Developers

    16 Sep 2024 , 10:38AM The company secures shareholder approval to raise ~Rs. 500 crores through preferential issue and convertible warrants. The shareholders endorse the creation, offer, and issue of 56,05,742 Equity shares of Rs. 5/- each for cash at an issue price of Rs. 714/- (~4.4% discount to LTP), aggregating to Rs. 400.2 crore on preferential basis. Additionally, shareholders approved the creation, offer, and issue of 13,30,000 Fully Convertible Warrants at an issue price of Rs. 750/- (~0.4% premium to LTP) per warrant. Post issuance of equity shares and convertible share warrants, the Promoter & Promoter Group holding will be diluted from 74.95% as of 30th June 2024 to 64.82%. Company proposes to utilize the net proceeds for land acquisition, working capital requirement, general corporate purposes and issue related expenses.
  • Suraj Estate Developers

    12 Aug 2024 , 10:15AM The meeting of the Board of Directors of the Company is scheduled on August 19, 2024, inter alia, to consider and approve Fund raising by way of Issue of equity shares/ preference shares/ bonds/ debentures/ non-convertible debt instruments/warrants/ any other securities through preferential issue.
  • Viewpoint– Suraj Estate Developers Limited Q1FY2025 Results Review

    5 Aug 2024 , 3:04PM Viewpoint– Suraj Estate Developers Limited Q1FY2025 Results Review – Up-scaling fairly priced in; Book Profit of 115%
  • Suraj Estate Developers

    5 Jul 2024 , 10:56AM The company’s wholly owned subsidiary, Iconic Property Developers, previously issued high-cost Non-Convertible Debentures (NCDs) totalling Rs. 192 Crores on a private placement basis to India Housing Fund for the purpose of acquiring land. Of this amount, the Company had previously redeemed/repaid Rs. 160 Crores in NCDs. The said subsidiary has now redeemed the remaining high-cost NCDs amounting to Rs. 32 Crores, along with redemption premium of Rs. 18 Crores, bringing the total payment to Rs. 50 Crores. This payment represents the full and final repayment of the NCDs. Positive for the stock.
  • Suraj Estate Developers

    5 Jul 2024 , 10:56AM The company’s wholly owned subsidiary, Iconic Property Developers, previously issued high-cost Non-Convertible Debentures (NCDs) totalling Rs. 192 Crores on a private placement basis to India Housing Fund for the purpose of acquiring land. Of this amount, the Company had previously redeemed/repaid Rs. 160 Crores in NCDs. The said subsidiary has now redeemed the remaining high-cost NCDs amounting to Rs. 32 Crores, along with redemption premium of Rs. 18 Crores, bringing the total payment to Rs. 50 Crores. This payment represents the full and final repayment of the NCDs. Positive for the stock.
  • Suraj Estate Developers

    4 Jul 2024 , 10:32AM Pursuant to the MOU signed with The Clearing Corporation of India on February 6, 2023, the company has entered into a definitive agreement for sale with CCIL. The agreement pertains to the sale of an additional area comprising of 7th , 8th and 9th (part) floors to be constructed over existing building known as CCIL Bhavan, which is located off S. K. Bole Road, Dadar West, Mumbai. The sale covers a carpet area of about 22,410 square feet valued at Rs. 89.78 crores thereabouts. Positive for the stock
  • Suraj Estate Developers

    27 Feb 2024 , 11:00AM A meeting of the Borrowing Committee of Board of Directors of the Company is scheduled to be held on February 29, 2024, inter alia, to consider and approve the raising of funds by way of private placement of Unlisted, Secured, Non-Convertible Debentures of face value of Rs. 10 each aggregating up to Rs. 70 crores.

Key fundamentals

Evaluate the intrinsic value of Suraj Estate Developers Ltd stock 

Name March-24 March-23 March-22
Assets 875.022 480.548 422.35
Liabilities 875.022 480.548 422.35
Equity 22.181 16.625 16.625
Gross Profit 158.026 137.069 88.377
Net Profit 71.38 37.961 14.875
Cash From Operating Activities -156.356 99.409 52.908
NPM(%) 19.25 15.43 7.27
Revenue 370.795 246.013 204.432
Expenses 212.769 108.944 116.055
ROE(%) 12.45 6.62 2.59

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
20 Sep 2024 1 20 0 421.7

Peers

Other companies within the same industry or sector that are comparable to Suraj Estate Developers Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Prajay Engineers Syndicate Ltd 20.77 1.47 0.00 2062.41 -55.70 0.00
Hubtown Ltd 176.48 0.18 0.00 2357.31 -63.55 0.00
Shriram Properties Ltd 67.64 -0.07 23.24 5023.03 44.30 0.00
IRB Infrastructure Developers Ltd 42.80 -1.99 4.00 178090.11 100.32 0.70

Company Info

The Company was incorporated at Mumbai, Maharashtra under the name `Suraj Estate Developers Private Limited' on September 10, 1986 as a private limited company, under the Companies Act, 1956 and was granted a certificate of incorporation by the RoC. Subsequently, the Company was converted into a public limited company, pursuant to a special resolution of the shareholders of the Company dated October 30, 2021 and the name of the Company was changed to `Suraj Estate Developers Limited' and a fresh certificate of incorporation dated December 9, 2021 was issued to the Company by the RoC.Major events and milestones :1986- The Company was incorporated as a private limited company.1990- The Company successfully completed its maiden project `Suraj Venture A' a residential project located at Mahim (West), Mumbai.1992- The Company successfully delivered a residential building known as `Vinayak Darshan' located at Dadar (West), Mumbai, which was exclusively sold to a nationalized public sector bank.1996- The Company successfully delivered a residential building known as `Suraj Heights III' located at Goregaon (East), Mumbai, which was exclusively sold to one of the leading private sector bank as staff quarters.2000- The Company successfully delivered `ICICI Apartments' a residential project located at Kirti College Lane, Dadar (West), Mumbai, which was exclusively sold to one of the leading private sector bank as quarters for senior officers.- The Company successfully delivered `NEAT House' a residential project located at Dadar (West), Mumbai, which was exclusively sold to a stock exchange as quarters for senior officers.2005- The Company delivered 14 apartments in `Gloriosa Apartment' a residential project located at Dadar (West), Mumbai, to Clearing Corporation of India Limited as quarters for their senior officers.2007- The Company successfully delivered `ICICI Apartments' a residential project locate at Shankar Ghanekar Road, Prabhadevi, Mumbai, which was exclusively sold to one of the leading private sector bank as quarters for senior officials.2010- The Company successfully delivered `Saraswat Bank Bhavan' a built to suit commercial building consisting of ground 7 upper floors located at Prabhadevi, Mumbai as corporate office for Saraswat Co-operative Bank Limited.2012- The Company successfully delivered `CCIL Bhavan' a built to suit commercial building consisting of ground 6 upper floors located at Dadar (West), Mumbai as corporate office for Clearing Corporation of India Limited.2016- Accord Estates Private Limited, the Material Subsidiary, entered into a Joint Development Agreement with Runwal Realty Private Limited for the development of a residential project known as `Nirvana' located at Parel (East).2017- The Company with its launch of its flagship project known as `Palette' located at Dadar (West), Mumbai and entered into the luxury residential segment of the real estate market of South Central Mumbai.- The Company launched the sea facing luxury project `Ocean Star' at Dadar (West), Mumbai located less than 100 meters from sea.2018- The Company successfully raised Rs.200 Crore term loan facility from Piramal Capital & Housing Finance Limited for its luxury projects Palette, Tranquil Bay and Mangirish.2019- The Company through the launch of `Louisandra' a residential value luxury project located at Dadar (West), Mumbai, forayed into the value luxury segment comprising of 1 BHK and compact 2 BHK in the South Central Mumbai.- The Company launched `Ave Marie Apartments' a residential value luxury project located at Dadar (West), Mumbai.2021- The Company acquired vacant land parcel at Tulsi Pipe Road from Tata Motors Limited.- The Company received investment from ICICI Ventures Funds Management Company by way of subscription to Non-Convertible Debentures for part financing project cost of newly launched value luxury project `Suraj Eterna'.- The Company launched `Vitalis' a residential value luxury project located at L.J Road, Mahim (West), Mumbai.- The Company launched `Suraj Eterna' a residential value luxury project located at Off. L.J. Road, Mahim (West), Mumbai.2022- The Company have recently launched "Suraj Parkview 2" a residential value luxury project located at Final Plot No 702-704, TPS IV of Mahim Division, Anant Patil Marg, Dadar (West), Mumbai -400028.- The Company received investment from ICICI Ventures Funds Management Company by way of subscription to Non-Convertible Debentures for part financing project cost of newly launched value luxury project `Suraj Parkview 2'.- The Company successfully raised ?1,400 million term loan facility from Tata Capital Housing Finance Limited for the value luxury project Vitalis towards refinancing of existing debt and for construction finance for the project.2023- The Company received financing of Rs.46.50 Crores from Axis Finance Limited.- The Company have entered in to Memorandum of Understanding (MOU) Agreement with Clearing Corporation of India Limited (CCIL) for Sale of Additional Commercial Floors on a built to suit model in the ongoing project CCIL Bhavan (Phase 2 - Additional 2.5 Floors).

The Company was incorporated at Mumbai, Maharashtra under the name `Suraj Estate Developers Private Limited' on September 10, 1986 as a private limited company, under the Companies Act, 1956 and was granted a certificate of incorporation by the RoC. Subsequently, the Company was converted into a public limited company, pursuant to a special resolution of the shareholders of the Company dated October 30, 2021 and the name of the Company was changed to `Suraj Estate Developers Limited' and a fresh certificate of incorporation dated December 9, 2021 was issued to the Company by the RoC.Major events and milestones :1986- The Company was incorporated as a private limited company.1990- The Company successfully completed its maiden project `Suraj Venture A' a residential project located at Mahim (West), Mumbai.1992- The Company successfully delivered a residential building known as `Vinayak Darshan' located at Dadar (West), Mumbai, which was exclusively sold to a nationalized public sector bank.1996- The Company successfully delivered a residential building known as `Suraj Heights III' located at Goregaon (East), Mumbai, which was exclusively sold to one of the leading private sector bank as staff quarters.2000- The Company successfully delivered `ICICI Apartments' a residential project located at Kirti College Lane, Dadar (West), Mumbai, which was exclusively sold to one of the leading private sector bank as quarters for senior officers.- The Company successfully delivered `NEAT House' a residential project located at Dadar (West), Mumbai, which was exclusively sold to a stock exchange as quarters for senior officers.2005- The Company delivered 14 apartments in `Gloriosa Apartment' a residential project located at Dadar (West), Mumbai, to Clearing Corporation of India Limited as quarters for their senior officers.2007- The Company successfully delivered `ICICI Apartments' a residential project locate at Shankar Ghanekar Road, Prabhadevi, Mumbai, which was exclusively sold to one of the leading private sector bank as quarters for senior officials.2010- The Company successfully delivered `Saraswat Bank Bhavan' a built to suit commercial building consisting of ground 7 upper floors located at Prabhadevi, Mumbai as corporate office for Saraswat Co-operative Bank Limited.2012- The Company successfully delivered `CCIL Bhavan' a built to suit commercial building consisting of ground 6 upper floors located at Dadar (West), Mumbai as corporate office for Clearing Corporation of India Limited.2016- Accord Estates Private Limited, the Material Subsidiary, entered into a Joint Development Agreement with Runwal Realty Private Limited for the development of a residential project known as `Nirvana' located at Parel (East).2017- The Company with its launch of its flagship project known as `Palette' located at Dadar (West), Mumbai and entered into the luxury residential segment of the real estate market of South Central Mumbai.- The Company launched the sea facing luxury project `Ocean Star' at Dadar (West), Mumbai located less than 100 meters from sea.2018- The Company successfully raised Rs.200 Crore term loan facility from Piramal Capital & Housing Finance Limited for its luxury projects Palette, Tranquil Bay and Mangirish.2019- The Company through the launch of `Louisandra' a residential value luxury project located at Dadar (West), Mumbai, forayed into the value luxury segment comprising of 1 BHK and compact 2 BHK in the South Central Mumbai.- The Company launched `Ave Marie Apartments' a residential value luxury project located at Dadar (West), Mumbai.2021- The Company acquired vacant land parcel at Tulsi Pipe Road from Tata Motors Limited.- The Company received investment from ICICI Ventures Funds Management Company by way of subscription to Non-Convertible Debentures for part financing project cost of newly launched value luxury project `Suraj Eterna'.- The Company launched `Vitalis' a residential value luxury project located at L.J Road, Mahim (West), Mumbai.- The Company launched `Suraj Eterna' a residential value luxury project located at Off. L.J. Road, Mahim (West), Mumbai.2022- The Company have recently launched "Suraj Parkview 2" a residential value luxury project located at Final Plot No 702-704, TPS IV of Mahim Division, Anant Patil Marg, Dadar (West), Mumbai -400028.- The Company received investment from ICICI Ventures Funds Management Company by way of subscription to Non-Convertible Debentures for part financing project cost of newly launched value luxury project `Suraj Parkview 2'.- The Company successfully raised ?1,400 million term loan facility from Tata Capital Housing Finance Limited for the value luxury project Vitalis towards refinancing of existing debt and for construction finance for the project.2023- The Company received financing of Rs.46.50 Crores from Axis Finance Limited.- The Company have entered in to Memorandum of Understanding (MOU) Agreement with Clearing Corporation of India Limited (CCIL) for Sale of Additional Commercial Floors on a built to suit model in the ongoing project CCIL Bhavan (Phase 2 - Additional 2.5 Floors).

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Parent Organisation

Suraj Estate Developers Ltd.

Founded

10/09/1986

Managing Director

NSE Symbol

SURAJESTEQ

FAQ

The current price of Suraj Estate Developers Ltd is ₹ 294.60.

The 52-week high for Suraj Estate Developers Ltd is ₹ 305.00 and the 52-week low is ₹ 288.95.

The market capitalization of Suraj Estate Developers Ltd is currently ₹ 1407.40. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Suraj Estate Developers Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Suraj Estate Developers Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Suraj Estate Developers Ltd shares.

The CEO of Suraj Estate Developers Ltd is , who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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