Suraj Estate Developers refiles draft papers for a Rs 400 crore IPO.

The net proceeds to be raised

The proceeds from the fresh issue will be used towards the repayment of debt owed by the company and its subsidiaries.

Acquisition of land or land development rights

And other general corporate purposes.

Operating in both residential and commercial real estate

The firm caters to the "value luxury" and "luxury" segments.

Offering a diverse range of properties priced from Rs 1 crore to Rs 13 crore.