REGENT MONEY IPO'S

EXCLUSIVE IPO UPDATES

IPO REPORT on

OBEROI REALTY LIMITED

 

 

 

 

 

 

 

INFORMATION RELATING TO ISSUE

ISSUE OPEN 

6. Oct. 2010

 

ISSUE CLOSE 

8. Oct. 2010

ISSUE SIZE  

3,95,62,000 equity shares

 

ISSUE TYPE 

100% Book Building

FACE VALUE 

Rs.10/-

 

PRICE RANGE 

Rs 253 to Rs 260

TICK SIZE 

   Re.1/-

 

MARKET LOT 

20 Equity Shares

MINIMUM ORDER QTY 

20 Equity Shares

 

MAXIMUM SUBSCRIPTION AMOUNT FOR RETAIL INVESTOR

Rs.100000

LISTING ON STOCK EXCHANGES

   Mumbai, NSE

 

 

 

 

 

 

 

 

OTHER INFORMATIONS

IPO GRADING

IPO Grade 4

RATING AGENCY

CRISIL

 

 

BOOK RUNNING LEAD MANAGERS

Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited, Enam Securities Private Limited and Morgan Stanley India Company Private Limited

 

 

SYNDICATE MEMBER

Kotak Securities Limited

 

 

NAME OF THE REGISTRAR

Link Intime India Private Limited

ADDRESS OF THE REGISTRAR

C-13, Pannalal Silk Mills Compound,L.B.S. Marg, Bhandup (West),Mumbai 400 078,Maharashtra, India

 

 

 

 

 

 

 

COMPANY'S BACKGROUND

The Company was incorporated in Mumbai as Kingston Properties Private Limited on May 8, 1998 under the Companies Act. Pursuant to a circular resolution passed by the Directors dated October 12, 2009, ratified by the Directors on December 4, 2009 and resolution passed by the shareholders of the Company at the EGM held on October 22, 2009, the name of the Company was changed to Oberoi Realty Private Limited for availing the benefits of the brand equity of ―Oberoi and with a view to convey the right nature of ctivities of the Company. Consequent to the change in name, the Company received a fresh certificate of incorporation dated october 23, 2009 from the RoC, Maharashtra. Thereafter, the Company was converted into a public limited company and pursuant to a Board resolution dated December 4, 2009 and shareholders‘ resolution passed at the EGM dated December 4, 2009, the name of the Company was changed to Oberoi Realty Limited. Consequent to its change of name, the Company received a fresh certificate of incorporation dated December 14, 2009 from the RoC. The Company is involved in real estate development and has a diverse portfolio of projects covering the residential, office space, retail, hospitality and social infrastructure segments of the real estate market.

 

 

 

 

 

 

 

 

OBJECTIVES OF ISSUE & TOTAL ESTIMATED EXPENDITURE

The company  intend to utilise the Net Proceeds from the issue  for the following purposes:--

Particulars

Total Estimated Expenditure (In Rs. in million)

1. Construction of their Ongoing projects

10,035.71

2. Acquisition of land or land development rights

2,250.00

3. General Corporate Purposes

--

FINANCIALS OF THE COMPANY (Rs. in Million)

Particulars

For the year ending March 31

2010

2009

2008

2007

TOTAL  INCOME

398.20

862.90

1679.54

1095.29

TOTAL EXPENDITURE

170.91

375.59

717.32

491.54

PROFIT  AFTER TAX  & EXTRAORDINARY ITEMS

242.77

438.85

920.99

586.64

DECLARATION OF DIVIDEND (on Equity Shares)

Particulars

Financial Performance
(During the Fiscal)

2010

2009

2008

2007

Amount of Dividend paid (Rs. in million)

57.73

5.20

5.20

3.54

Amount of Interim Dividend paid

--

--

--

--

The Company has no formal dividend policy. The
Board may also from time to time pay interim dividends.

COMPANY'S INFORMATION

REGISTERED OFFICE ADDRESS:   Commerz, 3rd Floor, International Business Park, Oberoi Garden City, Off Western Express Highway, Goregaon (East), Mumbai 400063                       

PHONE:       91-22-66773333

E-MAIL:             cs@oberoirealty.com

FAX:               91-22-66773334

WEBSITE:         http://www.oberoirealty.com/

 

 

 

 

 

 

 

 

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