IPO Synopsis

Sobha Ltd
Registered Office: SOBHA Sarjapur - Marathahalli,Devarabisanahalli Bellandur Po,Bangalore-560103, Karnataka
Tel. No: 91-80-49320000
Fax No: 91-80-49320446
Email: investors@sobha.com; vighneshwar.bhat@sobha.com
Website: www.sobha.com
Public issue of 88,93,332 equity shares of Rs. 10 each for cash at a price of Rs.640/- per equity share including a Share premium of Rs.630/- per equity share, aggregating Rs.569.17 Crores (the "issue") by Sobha Developers Limited (the "company or "the issuer"). The issue comprises a net issue to the public of 80,04,032 shares of Rs.10/- each (the "net issue") and a reservation of up to 8,89,300 shares of Rs.10/- each for the permanent employees of the Company (the "employee reservation portion"). The issue would constitute 12.20% of the fully diluted post issue Paid-up capital of the company. The net issue will constitute 10.98% of the fully diluted post issue paid-up Capital of the company. Issue Price : Rs.640 per equity share of face value Rs.10 The issue price is 64 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
23-Nov-2006 29-Nov-2006 ₹640.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 10 Further Multiples of :10
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 Enam Financial Consultants Pvt Ltd
Project Financed through Current Offer 569.17 ICICI Securities Ltd
Post Issue Equity Share Capital 72.90 IL&FS Investsmart Ltd
Issue Price 640.00 Kotak Mahindra Capital Company Ltd
Projects
Finance land Acquisition
Fin. constr.&Develp. costs for existing & Pro.Proj
Repay certain loans of our company
Fund Exp. for General Corp. Purposes
Promoted By
P N C Menon
Sobha Menon
Listing At
BSE
NSE
Registrar To The Issue