Business Standard

Valor Estate Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,500.00 cr

Price Range (₹)

468

Lot Size

14

Min Investment (₹)

6,552.00

Listing Exchange

MumbaiNSE

Open Date

29-Jan-2010

Close Date

02-Feb-2010

Listing Date

24-Feb-2010

Valor Estate Ltd News

    The Shares of Valor Estate Ltd have now been listed.

    Valor Estate Ltd IPO Details

    Public issue of 32051282 equity shares of face value of Rs. 10 each (Equity Shares) of DB Realty Limited (the Company or the Issuer) for cash at a price of Rs. 468 per equity share (including a share premium of Rs. 458 per equity share), aggregating upto Rs. 1500.00 Crores (The Issue). The issue constitute 13.18% of the fully diluted post-issue capital of the company.The Face Value of the equity shares is Rs. 10. The issue price is 46.8 times of the Face Value

    Objective of issue

    To meet expenses of cons. & dev. of certain projs.. To pre-pay the loan from IDFC. For meeting expenses of general corporate purposes.

    Valor Estate Ltd Contact Details

    Valor Estate Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - investors@dbg.co.in; info@dbg.co.in

    Website - www.dbg.co.in, www.drealty.co.in