Incorporated in 1989, Omaxe Limited is a real estate development and construction company with operations in 30 cities and 9 States in India.
Omaxe Limited is entering the capital markets with an initial public offering, IPO of 17,796,520 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 265/- at lower level and Rs 310/- at upper level for equity share of Rs 10. The issue opens on July 17, 2007, and closes for subscription on July 20, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
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