Bookbuilding IPO | ₹1,500 Cr | Listed at BSE, NSE | Fri, Jan 29, 2010 - Tue, Feb 2, 2010
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 per share. The lot size for an application is 14. The minimum amount of investment required by an retail is ₹6,804 (14 shares) (based on upper price). 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 Open
Fri, Jan 29, 2010
IPO Close
Tue, Feb 2, 2010
Issue Price
₹468 per share
Market Cap (Pre-IPO)
₹11,384.51 Cr
| IPO Date | 29 Jan to 2 Feb, 2010 |
| Listed on | Wed, Feb 24, 2010 |
| Face Value | ₹10 per share |
| Price Band | ₹468 to ₹486 |
| Issue Price | ₹468 per share |
| Lot Size | 14 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 3,20,51,282 shares (agg. up to ₹1,500 Cr) |
| Fresh Issue | 3,20,51,282 shares (agg. up to ₹1,500 Cr) |
| Share Holding Pre Issue | 21,12,07,500 shares |
| Share Holding Post Issue | 24,32,58,782 shares |
| BSE Script Code / NSE Symbol | 533160 / DBREALTY |
| ISIN | INE879I01012 |
D B Realty IPO comprises a total issue size of 3,20,51,282 shares. Out of which, 1,92,30,770 (60.00%) are allocated to QIB, 32,05,128 (10.00%) allocated to NII 96,15,384 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max 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% |
Investors can bid for a minimum of 14 shares and in multiples thereof.
| 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 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Construction and development cost for certain of our projects | 1,387.90 |
| 2 | Pre-payment of loan from IDFC | 80.00 |
| 3 | General corporate purposes |
| KPI | |
|---|---|
| RoNW | 17.99% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 73.75% | 64.03% |
| Market Cap | ₹11,384.51 Cr. |
The DB Realty IPO is subscribed 2.95 times on February 2, 2010 5:00:00 PM (Day 3). The public issue subscribed 0.37 times in the retail category, 4.47 times in the QIB category, and 4.25 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 4.47 | 1,36,75,472 | |
| NII | 4.25 | 32,05,128 | |
| Retail | 0.37 | 96,15,358 | |
| Total | 2.95 | 2,64,95,984 |
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
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Listing fees and other costs associated with listing including SEBI fees, processing fees of Stock Exchanges etc. | 1.50 |
| 2 | Lead management, underwriting and selling commissions | 32.00 |
| 3 | Advertising and marketing expenses | 17.00 |
| 4 | Printing and stationery | 6.00 |
| 5 | Registrar’s fees | 0.50 |
| 6 | Other (legal fees, grading expenses, etc.) | 4.00 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹468.00 | ₹468.00 |
| Open | ₹430.00 | ₹452.10 |
| Low | ₹412.50 | ₹412.45 |
| High | ₹466.20 | ₹467.00 |
| Last Trade | ₹455.40 | ₹456.20 |
Lead Manager Reports
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 Crores. The issue is priced at ₹468 per share. The minimum order quantity is 14.
The IPO opens on Fri, Jan 29, 2010, and closes on Tue, Feb 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 Fri, Jan 29, 2010 and closes on Tue, Feb 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 Wed, Feb 24, 2010.
