Public issue of 1,41,50,000 equity shares of Rs.10 each for cash at a price of Rs.550/- per equity share including a share premium of Rs.540/- per equity share, aggregating Rs.778.25 Crores (the "issue") by IVR Prime Urban Developers Limited (the "company or "the issuer"). The issue comprises a net issue to the public of 1,40,00,000 shares of Rs.550/- each (the "net issue") and a reservation of up to 1,50,000 shares of Rs.550/- each for the permanent employees of the company (the "employee reservation portion"). The issue would constitute 22.06% of the fully diluted post issue paid-up capital of the company. The net issue will constitute 21.82% of the fully diluted post issue paid-up capital of the company.
Issue Price is Rs.550/- per equity share of face value Rs.10/-
Issue price is 55 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
23-Jul-2007
26-Jul-2007
₹ 550.00
₹ 0.00
Minimum Application for shares in Nos : 10.0
Further Multiples of : 10.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
927.20
Enam Financial Consultants Pvt Ltd
Project Financed through Current Offer
778.25
Post Issue Equity Share Capital
64.15
Issue Price
₹550.00
Projects
Development & Construction costs for our Project
Develop & Constrn costs for the IT Park & Mall
Repayment of loan to our Parent Company
Repayment of the loan taken from Karnataka Bk Ltd
Repayment of the Develop. Rights Cost to Parent Co