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Kolte-Patil Developers Ltd IPO listing date & Info:
IPO Listing Date: Thursday, December 13, 2007
BSE Script Code: 532924
NSE Symbol: KOLTEPATIL
Listing in: B1 Group of Securities
ISIN: INE094I01018
Issue Price: Rs 145/- Per Equity Share
Face Value: Rs 10/- Per Equity Share
Incorporated in 1991, Kolte-Patil Developers Limited is a relatively small Pune based real estate development company. As of last year company has developed 25 projects, 22 in Pune and 3 in Bangalore which includes 2 IT Parks. Company has 28 ongoing projects in Pune and Bangalore; 23 are residential and 5 are commercial, IT Parks.
Company is entering the capital markets with an initial public offering, IPO of 18,812,709 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.
The price band for the issue has been fixed at Rs. 125/- at lower level and Rs. 145/- at upper level for equity share of Rs. 10/-. The issue opens on Nov 19, 2007, and closes for subscription on Nov 22, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Kolte Patil Developers IPO is proposed to open on November 19, 2007. The IPO application ends on November 22, 2007.
Retail investors can apply in the retail or non-institutional investor category from November 19, 2007 to November 22, 2007. The Kolte Patil Developers IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Kolte Patil Developers IPO will open for subscription on November 19, 2007. The public issue will close on November 22, 2007.
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