Public issue of 88,93,332 equity shares of Rs. 10 each for cash at a price of Rs.640/- per equity share including a Share premium of Rs.630/- per equity share, aggregating Rs.569.17 Crores (the "issue") by Sobha Developers Limited (the "company or "the issuer"). The issue comprises a net issue to the public of 80,04,032 shares of Rs.10/- each (the "net issue") and a reservation of up to 8,89,300 shares of Rs.10/- each for the permanent employees of the Company (the "employee reservation portion"). The issue would constitute 12.20% of the fully diluted post issue Paid-up capital of the company. The net issue will constitute 10.98% of the fully diluted post issue paid-up Capital of the company.
Issue Price : Rs.640 per equity share of face value Rs.10
The issue price is 64 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
23-Nov-2006
29-Nov-2006
₹ 640.00
₹ 0.00
Minimum Application for shares in Nos : 10.0
Further Multiples of : 10.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
Enam Financial Consultants Pvt Ltd
Project Financed through Current Offer
569.17
Post Issue Equity Share Capital
72.90
Issue Price
₹640.00
Projects
Finance land Acquisition
Fin. constr.&Develp. costs for existing & Pro.Proj