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D B Realty IPO is a book build issue of ₹1,500.00 crores. The issue is entirely a fresh issue of 3.21 crore shares of ₹1,500.00 crore.
D B Realty IPO bidding started from Jan 29, 2010 and ended on Feb 2, 2010. The shares got listed on BSE, NSE on Feb 24, 2010.
D B Realty IPO price band is set at ₹468.00 per share . The lot size for an application is 14. The minimum amount of investment required by an retail is ₹6,552 (14 shares). The lot size investment for sNII is 31 lots (434 shares), amounting to ₹2,03,112, and for bNII, it is 153 lots (2,142 shares), amounting to ₹10,02,456.
Axis Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to D B Realty IPO RHP for detailed Information.
| IPO Date | January 29, 2010 to February 2, 2010 |
| Listing Date | February 24, 2010 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹468 to ₹486 per share |
| Issue Price Final | ₹468 per share |
| Lot Size | 14 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 3,20,51,282 shares (aggregating up to ₹1,500.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 21,12,07,500 shares |
| Share Holding Post Issue | 24,32,58,782 shares |
DB Realty IPO offers total 3,20,51,282 shares. Out of which 1,92,30,770 (60.00%) allocated to QIB, 1,36,75,472 (42.67%) allocated to QIB, 32,05,128 (10.00%) allocated to NII, 96,15,384 (30.00%) allocated to RII and 55,55,298 (17.33%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 1,92,30,770 (60.00%) | NA |
| − Anchor Investor Shares Offered | 55,55,298 (17.33%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 1,36,75,472 (42.67%) | NA |
| NII (HNI) Shares Offered | 32,05,128 (10.00%) | NA |
| Retail Shares Offered | 96,15,384 (30.00%) | 6,86,813 |
| Total Shares Offered | 3,20,51,282 (100.00%) |
D B Realty IPO opens on January 29, 2010, and closes on February 2, 2010.
| IPO Open Date | Fri, Jan 29, 2010 |
| IPO Close Date | Tue, Feb 2, 2010 |
| Tentative Listing Date | Wed, Feb 24, 2010 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Feb 2, 2010 |
Investors can bid for a minimum of 14 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 14 | ₹6,552 |
| Retail (Max) | 30 | 420 | ₹1,96,560 |
| S-HNI (Min) | 31 | 434 | ₹2,03,112 |
| S-HNI (Max) | 152 | 2,128 | ₹9,95,904 |
| B-HNI (Min) | 153 | 2,142 | ₹10,02,456 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
DB Realty Limited (DBRL) is a real estate development company focusing on residential, commercial, retail and other projects, such as mass housing and cluster redevelopment in and around Mumbai. Today, the Group is one of India's top Real Estate developers, with presence in Commercial, Residential, Hospitality, Retail, IT Parks and Gated communities. Its existing product portfolio ranges from upscale buildings, lavish villas and some of the most elite malls in the country.
As of August 31, 2009, DB Realty have ten Ongoing Projects, aggregating approximately 18.61 million square feet of Saleable Area, nine Forthcoming Projects, aggregating approximately 20.17 million square feet of Saleable Area and six Upcoming Projects, aggregating approximately 22.11 million square feet of Saleable Area.
They are jointly promoted by Mr. Vinod K. Goenka and Mr. Shahid U. Balwa, whose families have been in the real estate and allied businesses for more than 25 years and 95 years, respectively. DB's significant shareholders also include IL&FS Trust Company Limited, IIRF Holdings VI Limited, Trinity Capital (Eleven) Limited, Bollywood Mauritius Holdings and Walkinson Investments Limited.
| KPI | Values |
|---|---|
| RoNW | 17.99% |
The Company DB Realty IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Construction and development cost for certain of our projects | 13,879.02 |
| 2 | Pre-payment of loan from IDFC | 800.00 |
| 3 | General corporate purposes |
CRISIL has assigned an IPO Grade 2 to DB Realty Ltd IPO. This means as per CRISIL, company has 'Below Average Fundamentals'. CRISIL assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Click here to download the CRISIL IPO Grading Document for DB Realty Limited
| Listing Date | February 24, 2010 |
| BSE Script Code | 533160 |
| NSE Symbol | DBREALTY |
| ISIN | INE879I01012 |
| Final Issue Price | ₹468 per share |
| BSE Listing Group | B |
D B Realty Ltd.
DB House,
Gen. A.K. Vaidya Marg,
Goregaon (East), Mumbai 400 063, India
Goregaon, Maharashtra
Phone: +91 22 4077 8600
Email: sak.narayanan@dbg.co.in
Website: http://dbrealty.in/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: dbrealty.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
D B Realty IPO is a main-board IPO of 3,20,51,282 equity shares of the face value of ₹10 aggregating up to ₹1,500.00 Crores. The issue is priced at ₹468 per share. The minimum order quantity is 14.
The IPO opens on January 29, 2010, and closes on February 2, 2010.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in D B Realty IPO using UPI as a payment gateway. Zerodha customers can apply in D B Realty IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in D B Realty IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The D B Realty IPO opens on January 29, 2010 and closes on February 2, 2010.
D B Realty IPO lot size is 14, and the minimum amount required for application is ₹6,552.
You can apply in D B Realty IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for D B Realty IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the D B Realty IPO allotment status.
The D B Realty IPO listing date is on Wednesday, February 24, 2010.
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