Bookbuilding IPO | ₹1,090 Cr | Listed at BSE, NSE | Mon, Nov 6, 2006 - Fri, Nov 10, 2006
Parsvnath Developers IPO is a book build issue of ₹1,089.77 crores. The issue is entirely a fresh issue of 3.63 crore shares of ₹1,089.77 crore.
Parsvnath Developers IPO bidding started from Nov 6, 2006 and ended on Nov 10, 2006. The shares got listed on the NSE and the BSE on Nov 30, 2006.
Parsvnath Developers IPO is set final issue price at ₹300 per share.
BOFA Securities India Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Parsvnath Developers IPO RHP for detailed Information.
IPO Open
Mon, Nov 6, 2006
IPO Close
Fri, Nov 10, 2006
Issue Price
₹300 per share
Market Cap (Pre-IPO)
₹5,540.89 Cr
| IPO Date | 6 to 10 Nov, 2006 |
| Listed on | Thu, Nov 30, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹250 to ₹300 |
| Issue Price | ₹300 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 3,63,25,800 shares (agg. up to ₹1,090 Cr) |
| Fresh Issue | 3,63,25,800 shares (agg. up to ₹1,090 Cr) |
| Share Holding Pre Issue | 1,81,60,840 shares |
| Share Holding Post Issue | 18,46,96,200 shares |
| BSE Script Code / NSE Symbol | 532780 / PARSVNATH |
| ISIN | INE561H01026 |
Parsvnath Developers IPO comprises a total issue size of 3,63,25,800 shares. The net offer to the public is 3,61,25,800 shares, after excluding 2,00,000 shares under a preferential allotment. Of the Net offer 2,16,75,480 (60.00%) are allocated to QIB, 36,12,580 (10.00%) allocated to NII 1,08,37,740 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 2,16,75,480 | 60.00% | 59.67% |
| NII (HNI) Shares Offered | 36,12,580 | 10.00% | 9.94% |
| Retail Shares Offered | 1,08,37,740 | 30.00% | 29.83% |
| Preferential Reservations | |||
| Employee Shares Offered | 2,00,000 | 0.55% | |
| Total Shares Offered | 3,63,25,800 | 100.00% | 100.00% |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
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.
| 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 | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expenditure on development and construction of projects | |
| 2 | General Corporate Purposes | |
| 3 | Issue Expenses |
| KPI | Mar 31, 2006 |
|---|---|
| RoNW | 53.19% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 81.7% |
| Market Cap | ₹5,540.89 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹300.00 | ₹300.00 |
| Open | ₹540.00 | ₹456.70 |
| Low | ₹481.50 | ₹456.70 |
| High | ₹579.00 | ₹575.65 |
| Last Trade | ₹526.30 | ₹526.40 |
Parsvnath Developers IPO is a main-board IPO of 3,63,25,800 equity shares of the face value of ₹10 aggregating up to ₹1,090 Crores. The issue is priced at ₹300 per share. The minimum order quantity is .
The IPO opens on Mon, Nov 6, 2006, and closes on Fri, Nov 10, 2006.
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 Parsvnath Developers IPO using UPI as a payment gateway. Zerodha customers can apply in Parsvnath Developers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Parsvnath Developers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Parsvnath Developers IPO opens on Mon, Nov 6, 2006 and closes on Fri, Nov 10, 2006.
Parsvnath Developers IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Parsvnath Developers 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 Parsvnath Developers IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Parsvnath Developers IPO allotment status.
The Parsvnath Developers IPO listing date is on Thu, Nov 30, 2006.
