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Open
1 Feb 2008
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Close
11 Feb 2008
3
Allotment
—
4
Listing
[.]
Price Band
₹530 to ₹630
Issue Size
10,25,70,623 shares (agg. up to ₹6,462 Cr)
Lot Size
10 Shares
Listing Date
[.]
✦ AI Insight
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part payment towards acquisition of land and land development rights and related approvals for our on going and planned projects | 3,161.50 |
| 2 | Development and construction cost for our project Palm Drive | 775.50 |
| 3 | Repayment of loans | 1,449.60 |
| 4 | General corporate purposes | |
| 5 | Issue Expenses |
About MGF IPO
Incorporated in 2005, Emaar MGF Land Limited is a joint venture between Emaar Properties PJSC (“Emaar”) of Dubai and MGF Development Limited ("MGF") of India.Emaar is one of the world’s leading real estate companies – having developed approximately 45.0 million square feet of real estate across residential, commercial and other business segments and with operations in 16 countries. Emaar's primary business is the development of properties in the residential, commercial, retail and hospitality sectors. They have also identified healthcare, education and infrastructure as business lines for future growth.Emaar's current project includes The Views at Mohali Hills (Mohali),The Villas at Mohali Hills (Mohali), Boulder Hills (Hyderabad), Palm Springs (Gurgaon), Chennai Esplanade (North Chennai), Palm Drive (Gurgaon), The Central Plaza (Mohali), Courtyard by Marriott (Amritsar), J.W. Marriott (Kolkata), Holiday Inn (Kolkata), Holiday Inn (Dehradun).+ Read More
Contact Details
Emaar MGF Land Ltd. AddressECE House,28,Kasturba Gandhi Marg,New Delhi, New Delhi, 110001+91-11 4152 1155IPO@emaarmgf.comVisit Website