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Suraj Estate Developers Ltd

Wed 21/05/2025,15:51:29 | NSE : SURAJEST

₹ 315.102.55 (0.82%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 312.85

Previous Close

₹ 312.55

Volume

78691

Mkt Cap ( Rs. Cr)

₹1505.34

High

₹ 319.90

Low

₹ 310.80

52 Week High

₹ 847.00

52 Week Low

₹ 270.00

Book Value Per Share

₹ 119.92

Dividend Yield

0.00

Face Value

₹ 5.00

What’s Your Call?

Collective community sentiment on Suraj Estate Developers Ltd

Your Vote -

Buy

50.00%

Hold

0.00%

Sell

50.00%

50.00%

2 users have voted

Market Depth

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Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

315.10

65

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0.00

0

Bid Total

65

Bid Price

Qty

0.00

0

0.00

0

0.00

0

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0.00

0

Bid Total

0

Option Chain

Analyzes market sentiment, predicts Suraj Estate Developers Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Suraj Estate Develop - Board Meeting Intimation for To Consider And Approve The Audited Standalone And Consolidated Financial

    20 May 2025, 1:25PM Suraj Estate Developers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2025 ,inter alia, to consi
  • Suraj Estate Develop - Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2

    16 May 2025, 6:29PM <b>Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border='1px'> <tr> <td><b>Sr
  • Suraj Estate Develop - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

    15 May 2025, 10:11PM Monitoring Agency Report for the quarter ended March 31, 2025
  • Suraj Estate Develop - Monitoring Agency Report

    15 May 2025, 10:06PM Monitoring Agency Report for the quarter ended March 31, 2025
  • Suraj Estate Develop - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    10 May 2025, 1:36PM SURAJ ESTATE DEVELOPERS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Tran
  • Suraj Estate Develop - Appointment

    9 May 2025, 8:13PM Suraj Estate Developers Limited has informed the Exchange regarding Appointment of Mr Mukesh Gupta as Company Secretary & Compliance Officer of the co
  • Suraj Estate Develop - Outcome of Board Meeting

    9 May 2025, 8:10PM Suraj Estate Developers Limited has informed the Exchange regarding Board meeting held on May 09, 2025.-Appointment of Company Secretary and Complian
  • Suraj Estate Develop - Appointment of Company Secretary and Compliance Officer

    9 May 2025, 8:04PM Appointment of Company Secretary and Compliance Officer
  • Suraj Estate Develop - Board Meeting Outcome for Appointment Of Company Secretary And Compliance Officer

    9 May 2025, 8:02PM Considered and approved the appointment of Company Secretary and Compliance Officer
  • Suraj Estate Develop has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    17 Apr 2025, 8:30PM As of March 2025, 69.60% is owned by Indian Promoters and 30.40% by Public. <p align=justify> Top five Promoters holding highest number of shares of S
  • Suraj Estate Develop - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    15 Apr 2025, 5:24PM Suraj Estate Developers Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Suraj Estate Develop - Shareholder Meeting / Postal Ballot-Scrutinizer\s Report

    1 Apr 2025, 6:58PM Scrutinizer's Report on remote e-voting prior to and e-voting at Extra Ordinary General Meeting of the members of Suraj Estate Developers Limited held
  • Suraj Estate Develop - Shareholders meeting

    1 Apr 2025, 6:49PM Suraj Estate Developers Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on April 01, 2025
  • Suraj Estate Develop - Shareholders meeting

    1 Apr 2025, 6:33PM Suraj Estate Developers Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on April 01, 2025
  • Suraj Estate Develop - Shareholder Meeting / Postal Ballot-Outcome of EGM

    1 Apr 2025, 6:29PM Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Extra-Ordinar
  • Suraj Estate Develop - Trading Window-XBRL

    25 Mar 2025, 2:34PM Suraj Estate Developers Limited has informed the Exchange about Closure of Trading Window
  • Suraj Estate Develop - Trading Window

    25 Mar 2025, 2:33PM Suraj Estate Developers Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regul
  • Suraj Estate Develop - Press Release

    19 Mar 2025, 9:43PM Suraj Estate Developers Limited has informed the Exchange regarding a press release dated March 19, 2025, titled ""Press Release"".
  • Suraj Estate Develop - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    19 Mar 2025, 9:38PM Press Release
  • Suraj Estate Develop - Analysts/Institutional Investor Meet/Con. Call Updates

    18 Mar 2025, 7:11PM Suraj Estate Developers Limited has informed the Exchange about Schedule of meet
  • Suraj Estate Develop - Analysts/Institutional Investor Meet/Con. Call Updates

    18 Mar 2025, 12:09PM Suraj Estate Developers Limited has informed the Exchange about Schedule of meet
  • Suraj Estate Develop - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    18 Mar 2025, 4:32PM Investor meet intimation
  • Suraj Estate Develop - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    18 Mar 2025, 12:03PM Intimation of Investor Meet\r\n
  • 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 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 19.45 -0.61 0.00 2185.14 -55.70 0.00
Hubtown Ltd 186.04 0.84 0.00 2497.60 -63.55 0.00
Shriram Properties Ltd 82.04 0.22 28.19 5321.96 44.30 0.00
IRB Infrastructure Developers Ltd 51.35 3.30 4.79 188688.56 1073.14 0.58

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). 2024 --Suraj Estate Developers launced new residential project Suraj Lumina in Mumbai.

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). 2024 --Suraj Estate Developers launced new residential project Suraj Lumina in Mumbai.

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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 ₹ 315.10.

The 52-week high for Suraj Estate Developers Ltd is ₹ 319.90 and the 52-week low is ₹ 310.80.

The market capitalization of Suraj Estate Developers Ltd is currently ₹ 1505.34. 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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