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.
IPO Details
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
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
Projects
Finance land Acquisition
Fin. constr.&Develp. costs for existing & Pro.Proj