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Open
6 Nov 2006
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Close
10 Nov 2006
3
Allotment
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Listing
Thu, Nov 30, 2006
Price Band
₹250 to ₹300
Issue Size
3,63,25,800 shares (agg. up to ₹1,090 Cr)
Listing Date
Thu, Nov 30, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 56.27x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2006 | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|---|
| Assets | 1,178.09 | 949.64 | 558.53 | 165.69 |
| Total Income | 249.02 | 653.77 | 306.85 | 112.95 |
| Profit After Tax | 36.55 | 106.99 | 65.67 | 18.41 |
| NET Worth | 237.70 | 201.15 | 101.57 | 37.78 |
| Reserves and Surplus | 138.78 | 102.24 | 93.35 | 29.57 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Gwalior Chemical Industries Ltd. | Mainboard | ₹80.00 Cr | ₹81 | null | ₹93.85 | +15.86% | ₹349.00 (+0.03%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expenditure on development and construction of projects | |
| 2 | General Corporate Purposes | |
| 3 | Issue Expenses |
About Parsvnath Developers IPO
Parsvanath Developers Limited (Parsvnath) is a real estate development company. The Company has operations in 30 cities and nine states in India. Parsvnath has a diversified portfolio of real estate development projects. As of March 16, 2006, the Company was engaged in the development of 12 integrated townships, 19 residential projects, 20 commercial complexes, including shopping malls and multiplexes, and a hotel. In addition, it has completed 14 projects, including six housing projects and eight commercial complexes. As of March 1, 2006, the Company directly owned or held development rights for 63.84 million square feet of saleable area. As of March 16, 2006, one of Parsvnath's important projects was Parsvnath Exotica at Gurgaon, Haryana. It is a residential complex, which has a total saleable area of approximately 2,178,530 square feet. Parsvnath have successfully raised the standards for the industry as is evident from their pioneering achievement of being the first Real Estate Company to have been awarded with NAREDCO - ICRA DR 2 - Rating, ISO 9001, 14001 & OHSAS 18001 Certification.+ Read More
Contact Details
Parsvnath Developers Ltd. AddressParsvanath Developers Limited6th Floor, Arunachal Building19, Barakhamba RoadDelhi, New Delhi, 110001+91 11 2331 0198ipo@parsvnath.comVisit Website