Business Standard

Kolte Patil Developers Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

275.51 cr

Price Range (₹)

145

Lot Size

40

Min Investment (₹)

5,800.00

Listing Exchange

MumbaiNSE

Open Date

19-Nov-2007

Close Date

22-Nov-2007

Listing Date

13-Dec-2007

Kolte Patil Developers Ltd News

    The Shares of Kolte Patil Developers Ltd have now been listed.

    Kolte Patil Developers Ltd IPO Details

    Public issue of 1,90,00,836 equity shares of face value of Rs. 10 each at a price of Rs.145/- per equity share for cash aggregating Rs.275.51 Crores (hereinafter referred to as the issue). The issue comprises a net issue to the public of up to 1,88,12,709 equity shares (the net issue) and a reservation of up to 1,88,127 equity shares for subscription by employees (as defined herein) (the employee reservation portion), at the issue price. The issue will constitute 25.25 % and the net issue will constitute 25.00% of the post issue paid-up equity capital of our company.Issue Price is Rs.145/- per equity share of Rs. 10 eachThe issue price is 14.5 times the face value

    Objective of issue

    Finance Land Acquisition. Fin. the Constrn & Develop.cost for proposed Proj.. Fund Expenditures for General Corp. Purposes.

    Kolte Patil Developers Ltd Contact Details

    Kolte Patil Developers Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - investorrelation@koltepatil.com

    Website - www.koltepatil.com