Friday, February 15, 2013

Sunstar Realty IPO will open on Feb 18th

Sunstar Realty Development Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 5,310,000 Equity Shares of Rs 10/- each aggregating upto Rs 10.62 crore. The price for the issue has been fixed at Rs 20/- per share.

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.

The issue opens on Feb 18, 2013 and closes for subscription on Feb 21, 2013. The equity shares of the issue are proposed to be listed on the SME Platform of BSE Limited.

Click here to get more detail about Sunstar Realty Development Ltd IPO.