Sura] Estate Developers Limited's Initial Public Offering to open on Monday, December 18, 2023, sets price band at Rs 340 to Rs 360 per Equity Share Mumbai-based realtor Sura] Estate Developers Lumited has developed real estate across the residential and commercial sectors m South Central Mumbai region, and has residential portfolio located m the markets of Mahim, Matunga, Dadar. Prabhadevi. and Parel, has fixed the price band at Rs 340 to Rs 360 per Equity Share for 1ts malden mitial public offer. The Imitial Public Offermg (TPO" or "Offer") of the Company will open on Monday, December 18. 2023. for subscription and close on Wednesday. December 20. 2023. Investors can bid for a mmnimum of 41 Equity Shares and m multiples of 41 Equity Shares thereafter. The Public Issue of face value of Rs 5 per Equity Share is entirely a fresh Issuance of Equity Shares worth Rs 4000 million with no Offer for Sale (OFS) component. Founded m 1986 by Rajan Meenathakoml Thomas, Sura Estate Developers focuses Central Mumbal region and now venturing mto residential real estate development in Bandra sub-market.