IVR Prime Urban Developers Limited IPO opens on July 23, 2007

The Initial Public Offering (IPO) of IVR Prime Urban Developers Limited will open for subscription on July 23, 2007. The company is coming out with an issue of 14150000 Equity Shares of Rs.10 each at a price band of Rs. 510/- to Rs. 600/-

Kotak Mahindra Capital Co. Ltd. and Enam Financial Consultants Pvt. Ltd are the Book Running Lead Managers for the issue. Kotak Securities Ltd. and Enam Securities Pvt. Ltd are Syndicate Members for the issue.

Out of the issue, 8,400,000 shares are reserved for Qualified Institutional Buyers (QIBs), 1,400,000 shares for Non Institutional Investors, 4,200,000 shares for Retail Individual Investors (RIIs) and 150,000 shares for employees of the company.

The Equity Shares of the company are proposed to be listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

Karvy Computershare Pvt Ltd is the Registrar to the issue.

Click Here to view the website of IVR Prime Urban Developers Limited

Click Here to view the prospectus of IVR Prime Urban Developers Limited

Source : Equity Bulls

Keywords