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IPO Details


Brigade Enterprises Ltd
Registered Office: 29 & 30 Flr World Trade Center, 26/1 Dr Rajajinagar, Bangalore - 560055, Karnataka
Phone: 91-80-41379200
Email: investors@brigadegroup.com; emquiry@brigadegroup.c
Website: www.brigadegroup.com
Public issue of 1,66,24,720 equity shares of Rs.10 each for cash at a price of Rs 390/- per equity share including a share premium of Rs.380/- per equity share, aggregating Rs.648.36 Crores (the issue) by Brigade Enterprises Limited (the company or the issuer). The issue comprises a net issue to the public of 1,65,24,720 shares of Rs.10/- each (the net issue) and a reservation of up to 100,000 equity shares of Rs.10 each for eligible employees (the employee reservation portion). There will also be a green shoe option of up to 2,493,708 equity shares for cash at a price of Rs.390/- per equity share aggregating to Rs.97.26 Crores (the green shoe option). The issue and the green shoe option, if exercised in full, will aggregate to 19,118,428 equity shares amounting to Rs.745.62. The issue will constitute 16.87% of the fully diluted post issue paid-up capital of the company assuming that the green shoe option is exercised in full and 15.00% assuming that the green shoe option is not exercised. The net issue will constitute 16.78% of the fully diluted post issue paid-up capital of the company assuming that the green shoe option is exercised in full and 14.91% assuming that the green shoe option is not exercised. Issue Price Rs.390/- per equity share of face value Rs.10/- The issue price is 39 times of the face value
Issue Money Payable On
Opens On Closes On Application Allotment
10-Dec-2007 13-Dec-2007 390.00 0.00
Minimum Application for shares in Nos : 16 Further Multiples of : 16
()Cr. Lead Managers to the Issue
Project Cost 1,415.42 Enam Securities Pvt Ltd
Project Financed through Current Offer 648.36
Post Issue Equity Share Capital 110.83
Issue Price 390.00
Projects
Acquisition of Land
Construction & Development of Ongoing Projects
General Corporate Purpose
Promoted By
M R Jaishankar
Githa Shankar
Listing At
BSE
NSE
Registrar to the Issue
Karvy Computershare Pvt Ltd

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