Tuesday, January 26, 2010

DB Realty Limited IPO opening on Jan 29 to Feb 02


DB Realty Limited (DBRL) is a real estate development company focusing on residential, commercial, retail and other projects, such as mass housing and cluster redevelopment in and around Mumbai. Today, the Group is one of India's top Real Estate developers, with presence in Commercial, Residential, Hospitality, Retail, IT Parks and Gated communities. Its existing product portfolio ranges from upscale buildings, lavish villas and some of the most elite malls in the country.

DB Realty is entering in the capital markets with an initial public offering, IPO of Rs 1500 Core 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 468/- at lower level and Rs 486/- at upper level for equity share of Rs 10/-.

The issue opens on January 29, 2010, and closes for subscription on February 02, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The book running lead managers of the issue is Enam Securities Private Limited and Kotak Mahindra Capital Company Limited. Link Intime India Private Ltd is the registrar of the issue.

Detailed information is now available on DB Realty Limited IPO information page.


DB Realty Ltd IPO
DB Realty IPO Allotment Status
DBRL IPO Listing Date