Oberoi Realty IPO : Listing on 20th Oct 2010

by khalid on 18/10/2010 · 1 comment

Oberoi Realty Limited has informed the share market (BSE) that the shares of its recent IPO will list on 20th Oct 2010. The IPO was open between 6th Oct 2010 to 8th Oct 2010. The price band was Rs 235 to Rs 260 and the Issue Price was fixed at the upper level of price band, Rs 260 per equity share. The company had entered into primary market with an Initial Public Offer (IPO) of Rs 1,028.61 crores. Mumbai based real estate developer Oberoi Realty is a construction company focused on premium developments in Mumbai.

IPO Listing Detail :-
Listing Date: 20th Oct 2010
BSE Scrip Code : 533273
NSE Symbol : OBEROIREAL
Listing In : ‘B’ Group of Securities
ISIN : INE093I01010
Issue Price : Rs. 260.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

The IPO proceeds would be used for Construction of ongoing projects, Acquisition of land or land development rightsand General corporate purposes.

The equity shares offered through the IPO are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Book running lead managers to the issue are Kotak Mahindra, Enam Securities, JP Morgan India and Morgan Stanley India.

Registrar of the Issue : Link Intime India Private Ltd. Mumbai.

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