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IPO

IPO Details


Prestige Estates Projects Ltd
Registered Office: Prestige Falcon Tower, No 19 Brunton Road, Bengaluru - 560025, Karnataka
Phone: 91-80-25591080
Email: investors@prestigeconstructions.com
Website: www.prestigeconstructions.com
Public issue of 65,573,770 equity shares of Rs. 10 each of Prestige Estates Projects Limited. (The Company or The Issuer) for cash at a price of Rs. 183 per equity share (including a share premium of Rs. 173 per equity share) aggregating to Rs. 1200.00 Crores (The Issue). The issue comprises a net issue to the public of 65,409,836 shares of Rs. 10 each (The Net Issue) and a reservation of 163,934 equity shares of Rs. 10 each for eligible employees (the Employee Reservation Portion) aggregating to Rs. 3.00 crores. The net issue will aggregate to 65,409,836 equity shares amounting to Rs. 1197.00 Crores. The issue will constitute 19.99% of the fully diluted post issue paid-up capital of the company and the net issue would constitute 19.94% of the fully diluted post issue paid-up capital of the company. Issue price : Rs. 183 per equity share of face value Rs. 10 each. The issue price is 18.3 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
12-Oct-2010 14-Oct-2010 ₹ 183.00 ₹ 0.00
Minimum Application for shares in Nos : 30 Further Multiples of : 30
(₹)Cr. Lead Managers to the Issue
Project Cost 1,565.25 Enam Securities Pvt Ltd
Project Financed through Current Offer 1,200.00
Post Issue Equity Share Capital 328.07
Issue Price ₹183.00
Projects
Finance the Ongoing Projects & Proj. under Devel.
Finance the acquisition of land
Repay certain loans of the company
Invest in existing subsidiaries
General Corporate Purposes
Promoted By
Irfan Razack
Rezwan Razack
Noaman Razack
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd

INDIAN INDICES

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Nifty

25,572.60 156.80 (0.62%)

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