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Open
31 Jul to 8 Aug, 2007
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Close
31 Jul to 8 Aug, 2007
3
Allotment
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Listing
Thu, Aug 30, 2007
Price Band
₹400 to ₹450
Issue Size
2,14,06,880 shares (agg. up to ₹856 Cr)
Lot Size
10 Shares
Listing Date
Thu, Aug 30, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.92x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Omaxe Ltd. | Mainboard | ₹605.94 Cr | ₹310 | null | ₹349.35 | +12.69% | ₹96.29 (-0.41%) |
| Housing Development & Infrastructure Ltd. | Mainboard | ₹1,707.75 Cr | ₹500 | null | ₹559.35 | +11.87% | ₹1.72 (-0.58%) |
| DLF Ltd. | Mainboard | ₹9,187.50 Cr | ₹525 | null | ₹569.80 | +8.53% | ₹648.10 (-1.52%) |
| Akruti Nirman Ltd. | Mainboard | ₹361.80 Cr | ₹540 | null | ₹563.45 | +4.34% | ₹202.34 (-0.93%) |
| Sobha Developers Ltd. | Mainboard | ₹569.40 Cr | ₹640 | null | ₹926.65 | +44.79% | ₹1,493.00 (+0.35%) |
| Parsvnath Developers Ltd. | Mainboard | ₹1,089.77 Cr | ₹300 | null | ₹526.40 | +75.47% | ₹2.18 (-1.81%) |
| Gwalior Chemical Industries Ltd. | Mainboard | ₹80.00 Cr | ₹81 | null | ₹93.85 | +15.86% | ₹349.00 (+0.03%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Land acquisition | 351.30 |
| 2 | Repayment of loans of the Company | 393.52 |
| 3 | General corporate purposes | 61.18 |
About Puravankara Projects IPO
Incorporated in 1986, Puravankara Projects Limited is one of the leading real estate development companies in India. Puravankara operations span all aspects of real estate development, from the identification and acquisition of land, to the planning and execution and marketing of the projects.The residential properties that Puravankara develop consist of apartment complexes, villas and townhouses. Puravankara's commercial projects include retail and office premises.Puravankara's projects are spread over Bangalore, Kochi, Chennai, Coimbatore, Hyderabad, Mysore, Colombo and the United Arab Emirates ("U.A.E"). Puravankara have completed 12 residential projects and one commercial project covering approximately 3.18 million sq.ft of Saleable Area. Puravankara currently have 12 residential projects and one commercial project under construction covering approximately 10.45 million sq ft. of Developable Area or 10.02 million sq ft. of saleable Area. As of December 15, 2006, Puravankara's Land Assets aggregate approximately 31.07 million sq. ft.+ Read More
Contact Details
Puravankara Projects Ltd. AddressNo.227, S.V.RoadBandra (West)Mumbai, Maharashtra, 400050(91 22) 2642 9387investors@puravankara.comVisit Website