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Open
10 Dec 2007
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Close
13 Dec 2007
3
Allotment
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Listing
Mon, Dec 31, 2007
Price Band
₹351 to ₹390
Issue Size
1,91,18,428 shares (agg. up to ₹746 Cr)
Lot Size
16 Shares
Listing Date
Mon, Dec 31, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 10.82x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Kolte-Patil Developers Ltd. | Mainboard | ₹275.54 Cr | ₹145 | null | ₹181.35 | +25.07% | ₹387.45 (+1.32%) |
| Consolidated Construction Consortium Ltd. | Mainboard | ₹188.70 Cr | ₹510 | null | ₹792.10 | +55.31% | ₹16.16 (-1.83%) |
| Puravankara Projects Ltd. | Mainboard | ₹856.28 Cr | ₹400 | null | ₹362.30 | -9.42% | ₹222.26 (-1.49%) |
| Omaxe Ltd. | Mainboard | ₹605.94 Cr | ₹310 | null | ₹349.35 | +12.69% | ₹93.50 (-3.18%) |
| Housing Development & Infrastructure Ltd. | Mainboard | ₹1,707.75 Cr | ₹500 | null | ₹559.35 | +11.87% | ₹1.69 (-1.17%) |
| DLF Ltd. | Mainboard | ₹9,187.50 Cr | ₹525 | null | ₹569.80 | +8.53% | ₹667.80 (+3.22%) |
| Akruti Nirman Ltd. | Mainboard | ₹361.80 Cr | ₹540 | null | ₹563.45 | +4.34% | ₹202.02 (+0.37%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of land | 135.61 |
| 2 | Construction and development costs in relation to our Ongoing Projects and Forthcoming Projects | 1,129.55 |
| 3 | General corporate purposes; and to achieve the benefits of listing. | 150.26 |
About Brigade Enterprises IPO
Incorporated in 1990, Brigade Enterprises Limited is one of the leading real estate development company based in Bangalore, primarily focused on the development of residential, commercial and hospitality properties in South India.Brigade’s commercial properties include commercial office space, software and IT parks, schools, hospitals and retail malls with entertainment facilities, such as multiplexes. They are also involved in the hospitality business. Some of their developed commercial properties in the main business areas of Bangalore include ‘Brigade Software Park’, ‘Brigade South Parade’ and ‘Brigade Techpark’.Brigade’s prominent clients who occupy these premises include Cisco Systems India Private Limited, Digi Captions India Private Limited, Mahindra Engineering Design & Development Company Limited, Mindtree Consulting Limited, Spice Communications Limited, Tata Coffee Limited and TTK Prestige Limited.+ Read More
Contact Details
Brigade Enterprises Ltd. AddressPent HouseBrigade Towers135 Brigade RoadBengaluru, Karnataka, 560025+91-8041-379200investors@brigadegroup.comVisit Website