Sensex
84,192.29 profit arw 1,007.49 (1.21%)
Nifty
25,712.40 profit arw 296.60 (1.17%)
Nasdaq
18,013.98 profit arw 440.68 (2.51%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
IPO

IPO Details


Parsvnath Developers Ltd
Registered Office: Parsvnath Metro Tower Shahdara, Near Shahdara Metro Station, Delhi - 110032, Delhi
Phone: 91-11-43010500/43050100
Email: investors@parsvnath.com
Website: www.parsvnath.com
Public issue of up to 3,32,38,000 equity shares of Rs. 10 each (equity shares) for cash at a price of Rs.300/- per equity share aggregating Rs.997.14 Crores (the issue), by Parsvnath Developers Limited (PDL, the company or the issuer). There will also be a green shoe option of up to 30,87,800 equity shares to be offered by Parasnath and Associates Private Limited, one of our promoters, for cash at a premium of Rs.290/- per equity share and at a price of Rs.300/- per equity share aggregating Rs.92.63 Crores. The issue and the Green Shoe option, if exercised in full, will aggregate 3,63,25,800 equity shares amounting to Rs.1089.77 Crores. The issue comprises a net issue to the public of up to 3,30,38,000 equity shares (the net issue) and a reservation of up to 2,00,000 equity shares for subscription by employees (as defined herein) (the Employee Reservation Portion), at the issue price. The issue will constitute 18.30% of the fully diluted post-issue equity share capital of our company assuming that the green shoe option is not exercised and 19.67% assuming that the green shoe option is exercised in full. Issue Price : Rs.300 per equity share of face value Rs. 10 The issue price is 30 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
06-Nov-2006 10-Nov-2006 ₹ 300.00 ₹ 0.00
Minimum Application for shares in Nos : 20 Further Multiples of : 20
(₹)Cr. Lead Managers to the Issue
Project Cost 0.00 DSP Merrill Lynch Ltd
Project Financed through Current Offer 997.14
Post Issue Equity Share Capital 181.61
Issue Price ₹300.00
Projects
Exp. on Development & Construction of Projects
General Corporate Purposes
Promoted By
Pradeep Kumar Jain
Nutan Jain
Pradeep Kumar Jain & Sons(HUF)
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd

INDIAN INDICES

Sensex

84,192.29 1,007.49 (1.21%)

Nifty

25,712.40 296.60 (1.17%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18013.16 353.14(2.00%)