Investments Ideas and Research - Of Investor, By Investor, For Investor
Stocks, Mutual Funds, Bonds, Debentures, Fixed Deposit, Real Estate

January 26, 2008

Emaar MGF Land Limited IPO

Emaar MGF Land Limited IPO
Period 01-Feb to 06-Feb 2008 (Extended to 11 Feb)
Size (Equity Shares)117,389,914
Type 100% Book Building
Face Value Rs. 10- 
Price Range Rs 610 to Rs 690 (Reduced to Rs. 530-630)
Market Lot Shares
Max shares Retails investor can apply at cut offshares (Rs.)
Registrar Karvy Computershare Private Limited
Registrar's email
Lead Manager Enam, DSP, Citigroup, Goldman, HSBC, J.P. Morgan & Kotak
Listing BSE, NSE
Emaar MGF Land Ltd (Emaar) is a joint venture between Emaar Properties PJSC ("Emaar") of Dubai and MGF Development Limited ("MGF") of India.

Business: Leading real estate companies – having developed approximately 45.0 million square feet of real estate across residential, commercial and other business segments and with operations in 16 countries; the development of properties in the residential, commercial, retail and hospitality sectors. They have also identified healthcare, education and infrastructure as business lines for future growth.

Emaar's current project includes The Views at Mohali Hills (Mohali),The Villas at Mohali Hills (Mohali), Boulder Hills (Hyderabad), Palm Springs (Gurgaon), Chennai Esplanade (North Chennai), Palm Drive (Gurgaon), The Central Plaza (Mohali), Courtyard by Marriott (Amritsar), J.W. Marriott (Kolkata), Holiday Inn (Kolkata), Holiday Inn (Dehradun).
- Part payment towards acquisition of land and land development rights and related approvals for ongoing and planned projects;

- Development and construction costs for the project palm drive;

- Repayment of loans;

- To meet the expenses of the Issue;

- For General Corporate Purpose;

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...
© Copyright 2009-12 Powered by Blogger.

© 2007-2012 Investor Souk: Our Research for your USE, All Rights Reserved.

Template by ScreenWritersArena