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Open
20 Mar 2007
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Close
23 Mar 2007
3
Allotment
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Listing
Thu, Apr 12, 2007
Price Band
₹108 to ₹117
Issue Size
91,00,000 shares (agg. up to ₹100 Cr)
Lot Size
50 Shares
Listing Date
Thu, Apr 12, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.72x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Akruti Nirman Ltd. | Mainboard | ₹361.80 Cr | ₹540 | null | ₹563.45 | +4.34% | ₹202.02 (+0.37%) |
| Sobha Developers Ltd. | Mainboard | ₹569.40 Cr | ₹640 | null | ₹926.65 | +44.79% | ₹1,462.00 (-2.04%) |
| Parsvnath Developers Ltd. | Mainboard | ₹1,089.77 Cr | ₹300 | null | ₹526.40 | +75.47% | ₹2.14 (-1.84%) |
| Gwalior Chemical Industries Ltd. | Mainboard | ₹80.00 Cr | ₹81 | null | ₹93.85 | +15.86% | ₹342.30 (-4.97%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Advances towards acquisition cost of new projects | 50.00 |
| 2 | Project Development cost for the current projects | 97.06 |
| 3 | Investment in wholly owned subsidiaries | 311.42 |
| 4 | Issue expenses | 7.82 |
About Orbit IPO
Orbit Corporation Limited is a Mumbai based real estate construction and development company with primary focus on redevelopment of existing properties. Orbit specializes in developing, designing and managing “Build to suit” high-end residential and commercial properties.Orbit Corporation Limited also engages in real estate activities through Orbit Constructions & Realtors Private Limited, Orbit Buildcon & Realty Private Limited and Orbit Housing Private Limited.+ Read More
Contact Details
Orbit Corp.Ltd. AddressOrbit Corporation Limited1st Floor, The View, 165Dr.Annie Besant RoadMumbai, Maharashtra, 400018+91 22 3044 6900ipo@orbitcorp.comVisit Website