Monday, July 23, 2007

IVR Prime Urban Developers Ltd IPO opening

Hi Friends,

Incorporated in 1996, IVR Prime Urban Developers Limited, a subsidiary of IVRCL, is a real estate development company focusing on integrated townships, residential developments, and commercial projects, including hotels, retail malls, IT parks and other projects in various parts of India.

IVR Prime Urban Developers Limited is entering the capital markets with an initial public offering, IPO of 14,150,000 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.
The price band for the issue has been fixed at Rs 510/- at lower level and Rs 600/- at upper level for equity share of Rs 10. The issue opens on July 23, 2007, and closes for subscription on July 26, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Click here for more information about IVR Prime Urban Developers Limited IPO.