Parsvnath Developers Ltd

JM Morgan Stanley Pvt Ltd

Public issue of up to 3,32,38,000 equity shares of Rs. 10 each (equity shares) for cash at a price of Rs.300/- per equity share aggregating Rs.997.14 Crores (the issue), by Parsvnath Developers Limited (PDL, the company or the issuer). There will also be a green shoe option of up to 30,87,800 equity shares to be offered by Parasnath and Associates Private Limited, one of our promoters, for cash at a premium of Rs.290/- per equity share and at a price of Rs.300/- per equity share aggregating Rs.92.63 Crores. The issue and the Green Shoe option, if exercised in full, will aggregate 3,63,25,800 equity shares amounting to Rs.1089.77 Crores. The issue comprises a net issue to the public of up to 3,30,38,000 equity shares (the net issue) and a reservation of up to 2,00,000 equity shares for subscription by employees (as defined herein) (the Employee Reservation Portion), at the issue price. The issue will constitute 18.30% of the fully diluted post-issue equity share capital of our company assuming that the green shoe option is not exercised and 19.67% assuming that the green shoe option is exercised in full.Issue Price : Rs.300 per equity share of face value Rs. 10The issue price is 30 times of the face value.

  • Issue

    • Opens On06 Nov 2006
    • Closes On10 Nov 2006
  • Money Payable On

    • Application300
    • Allotment0
  • Project Cost (Cr.)0
  • Post Issue Equity Share Capital (Cr.)181.61
  • Issue Price (D)300

Further Multiples of: 20

Projects

  • Promoted By
    • Listing AtNSE
    • Registrar to the Issue - Link Intime India Pvt Ltd

    Parsvnath Metro Tower Shahdara Near Shahdara Metro Station Delhi

    Delhi- 110032

    Phone - 91-11-43010500/43050100

    Fax - 91-11-43050473

    Email - investors@parsvnath.com

    Website - www.parsvnath.com

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