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Open
15 Jan 2007
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Close
19 Jan 2007
3
Allotment
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Listing
Wed, Feb 7, 2007
Price Band
₹475 to ₹540
Issue Size
67,00,000 shares (agg. up to ₹362 Cr)
Lot Size
12 Shares
Listing Date
Wed, Feb 7, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 80.92x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sobha Developers Ltd. | Mainboard | ₹569.40 Cr | ₹640 | null | ₹926.65 | +44.79% | ₹1,255.60 |
| Parsvnath Developers Ltd. | Mainboard | ₹1,089.77 Cr | ₹300 | null | ₹526.40 | +75.47% | ₹1.63 |
| Gwalior Chemical Industries Ltd. | Mainboard | ₹80.00 Cr | ₹81 | null | ₹93.85 | +15.86% | ₹368.50 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of lands / rights in lands or development rights | 150.00 |
| 2 | Development and construction costs for projects under development and planned projects | 125.00 |
| 3 | Repayment of loans of the Company | 25.00 |
| 4 | General Corporate Purposes | 36.58 |
| 5 | Issue Related Expenses | 25.22 |
| Total | 361.80 |
About Akruti Nirman IPO
Updated on Aug 5, 2026
Contact Details
Akruti Nirman Ltd. AddressAkruti Trade CentreRoad No.7, Marol MIDCAndheri (East)Mumbai, Maharashtra, 400093+ 91 22 6703 7427ipo@akrutiestate.comVisit Website