| Prestige Estates Projects Ltd |
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| Registered Office: Prestige Falcon Tower,No 19 Brunton Road,Bengaluru-560025, Karnataka |
| Tel. No: 91-80-25591080 |
| Fax No: 91-80-25591945 |
| Email: investors@prestigeconstructions.com |
| Website: www.prestigeconstructions.com |
| Public issue of 65,573,770 equity shares of Rs. 10 each of Prestige Estates Projects Limited. (The "Company" or The "Issuer") for cash at a price of Rs. 183 per equity share (including a share premium of Rs. 173 per equity share) aggregating to Rs. 1200.00 Crores (The "Issue"). The issue comprises a net issue to the public of 65,409,836 shares of Rs. 10 each (The "Net Issue") and a reservation of 163,934 equity shares of Rs. 10 each for eligible employees (the "Employee Reservation Portion") aggregating to Rs. 3.00 crores. The net issue will aggregate to 65,409,836 equity shares amounting to Rs. 1197.00 Crores. The issue will constitute 19.99% of the fully diluted post issue paid-up capital of the company and the net issue would constitute 19.94% of the fully diluted post issue paid-up capital of the company. Issue price : Rs. 183 per equity share of face value Rs. 10 each. The issue price is 18.3 times the face value. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 12-Oct-2010 | 14-Oct-2010 | ₹183.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 30 | Further Multiples of :30 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 1,565.25 | Enam Securities Pvt Ltd |
| Project Financed through Current Offer | 1,200.00 | J P Morgan India Pvt Ltd |
| Post Issue Equity Share Capital | 328.07 | Kotak Mahindra Capital Company Ltd |
| Issue Price | 183.00 | UBS Securities India Pvt Ltd |
| Projects |
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| Finance the Ongoing Projects & Proj. under Devel. |
| Finance the acquisition of land |
| Repay certain loans of the company |
| Invest in existing subsidiaries |
| General Corporate Purposes |
| Promoted By |
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| Irfan Razack |
| Rezwan Razack |
| Noaman Razack |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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