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Open
12 Oct 2010
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Close
14 Oct 2010
3
Allotment
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Listing
Wed, Oct 27, 2010
Price Band
₹172 to ₹183
Issue Size
6,55,73,770 shares (agg. up to ₹1,200 Cr)
Lot Size
30 Shares
Listing Date
Wed, Oct 27, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.19x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Oberoi Realty Ltd. | Mainboard | ₹1,028.61 Cr | ₹260 | null | ₹282.90 | +8.81% | ₹1,861.20 (-1.08%) |
| Vascon Engineers Ltd. | Mainboard | ₹178.20 Cr | ₹165 | null | ₹148.05 | -10.27% | ₹34.15 (+4.98%) |
| Godrej Properties Ltd. | Mainboard | ₹468.85 Cr | ₹490 | null | ₹537.25 | +9.64% | ₹2,090.30 (-0.65%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Finance the Ongoing Projects and Projects Under Development | 590.90 |
| 2 | Invest in the existing Subsidiaries which investment will be utilized for the construction and development of our commercial Ongoing Project, retail Ongoing and retail Projects Under Development undertaken by those Subsidiaries | 443.61 |
| 3 | Finance the acquisition of land | 29.63 |
| 4 | Repay certain loans of the Company | 280.00 |
| 5 | General corporate purposes | 221.11 |
About Prestige Estates Projects IPO
Incorporated in 1986, Prestige Estates Projects Ltd is a Bangalore based company involve in real estate development. Prestige Estates is south India’s largest real estate development company. Company has completed 142 real estate projects of approximately 27.09 million sq. ft. Company has a diversified portfolio of real estate development projects including residential (including apartments, villas, plotted developments and integrated townships), commercial (including corporate office blocks, built-to-suit facilities, technology parks and campuses and SEZs), hospitality (including hotels, resorts and serviced accommodation) and retail (including shopping malls) segments of the real estate industry.Company has established a strong brand image, have a successful track record of execution and a diversified portfolio of real estate projects+ Read More
Contact Details
Prestige Estates Projects Ltd. AddressFalcon HouseNo 1Main Guard Cross RoadBengaluru, Karnataka, 56000180 25591080investors@prestigeconstructions.comVisit Website