Puravankara Projects Limited IPO

Date: 06.08.2007 Incorporated in 1986, Puravankara Projects Limited is one of the leading real estate development companies in India. Puravankara operations span all aspects of real estate development, from the identification and acquisition of land, to the planning and execution and marketing of the projects.
The residential properties that Puravankara develop consist of apartment complexes, villas and townhouses. Puravankara's commercial projects include retail and office premises.
Puravankara's projects are spread over Bangalore, Kochi, Chennai, Coimbatore, Hyderabad, Mysore, Colombo and the United Arab Emirates ("U.A.E"). Puravankara have completed 12 residential projects and one commercial project covering approximately 3.18 million sq.ft of Saleable Area. Puravankara currently have 12 residential projects and one commercial project under construction covering approximately 10.45 million sq ft. of Developable Area or 10.02 million sq ft. of saleable Area. As of December 15, 2006, Puravankara's Land Assets aggregate approximately 31.07 million sq. ft.
Information:
»» Public Issue Open : July 31, 2007 to August 08, 2007
»» Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 21,467,610 Equity Share of Rs.5/- each
»» Public Issue Price: Rs. 400/- to Rs. 450/- Per Equity Share
»» Market Lot: 10 Shares
»» Minimum Order Quantity: 10 Shares
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing : BSE, NSE