Business Standard

Religare Enterprises Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

140.16 cr

Price Range (₹)

185

Lot Size

35

Min Investment (₹)

6,475.00

Listing Exchange

MumbaiNSE

Open Date

29-Oct-2007

Close Date

01-Nov-2007

Listing Date

21-Nov-2007

Religare Enterprises Ltd News

    The Shares of Religare Enterprises Ltd have now been listed.

    Religare Enterprises Ltd IPO Details

    Public issue of 75,76,102 equity shares of Rs. 10 each (equity shares) Religare Enterprises Limited (the company or the issuer) for cash at a price of Rs.185/-per equity share including a share premium of Rs.175/- per equity share, aggregating to Rs.140.16 Crores (The Issue). The issue would constitute 10% of the fully diluted post issue paid-up capital of the company.Issue Price Rs.185/- per equity share of face value of Rs. 10/-.Issue Price is 18.5 times of the face value.

    Objective of issue

    Expand Domestic Operations & Network of Branches. Fund our retail finance Business. Expand our Financing Activity.

    Religare Enterprises Ltd Contact Details

    Religare Enterprises Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

    Phone - 91-040-44655185/44655000

    Fax - 91-040-23420814/23420857

    Email - investorservices@religare.com

    Website - www.religare.com