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Open
19 Nov 2007
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Close
22 Nov 2007
3
Allotment
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Listing
Thu, Dec 13, 2007
Price Band
₹125 to ₹145
Issue Size
1,90,02,977 shares (agg. up to ₹276 Cr)
Lot Size
40 Shares
Listing Date
Thu, Dec 13, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 44.51x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Consolidated Construction Consortium Ltd. | Mainboard | ₹188.70 Cr | ₹510 | null | ₹792.10 | +55.31% | ₹16.40 (-3.92%) |
| Puravankara Projects Ltd. | Mainboard | ₹856.28 Cr | ₹400 | null | ₹362.30 | -9.42% | ₹225.56 (-3.12%) |
| Omaxe Ltd. | Mainboard | ₹605.94 Cr | ₹310 | null | ₹349.35 | +12.69% | ₹96.29 (-0.41%) |
| Housing Development & Infrastructure Ltd. | Mainboard | ₹1,707.75 Cr | ₹500 | null | ₹559.35 | +11.87% | ₹1.72 (-0.58%) |
| DLF Ltd. | Mainboard | ₹9,187.50 Cr | ₹525 | null | ₹569.80 | +8.53% | ₹648.10 (-1.52%) |
| Akruti Nirman Ltd. | Mainboard | ₹361.80 Cr | ₹540 | null | ₹563.45 | +4.34% | ₹202.34 (-0.93%) |
| Sobha Developers Ltd. | Mainboard | ₹569.40 Cr | ₹640 | null | ₹926.65 | +44.79% | ₹1,493.00 (+0.35%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of Development Rights | 176.34 |
| 2 | . Development and construction costs for existing projects and for forthcoming projects | 148.63 |
| 3 | Issue Expenses | 25.68 |
About Kolte-Patil Developers IPO
Incorporated in 1991, Kolte-Patil Developers Limited is a relatively small Pune based real estate development company. As of last year company has developed 25 projects, 22 in Pune and 3 in Bangalore which includes 2 IT Parks. Company has 28 ongoing projects in Pune and Bangalore; 23 are residential and 5 are commercial, IT Parks. Company is ISO 9001 certified and received the Government of Maharashtra’s First Prize for “Best IT Infrastructure in the State of Maharashtra” for our GigaSpace IT Park project in Viman Nagar, Pune.For 3 of its big projects in Pune company has joint venture with ICICI Venture. ICICI Venture has provided financing for these projects. Company has identified and acquired lands, invested equity, designed and conceptualized the projects and served as project manager and developer for these projects.+ Read More
Contact Details
Kolte-Patil Developers Ltd. Address2nd FloorCity PointDhole Patil RoadPune, Maharashtra, 411001+91 20 2605 3700investorrelation@koltepatil.comVisit Website