After DLF, one more famous name Omaxe Ltd. in Indian Realty is now to rise funds with its IPO, but it might keep its share rate low than its competitor DLF in a bid to encourage potential investors, added the source at the www.propertykhazana.com. Though Omaxe has not decided anything about the rate for the matter but it is estimated to be less than Rs. 500 a share.
Company is presently holding discussions with merchant bankers to turn up at a polite rate band and DLF IPO is hyped as the main share auction to beat the Indian market. DLF offer fetched a high of Rs. 9,187 Crores from the market at Rs. 525 a share against to this, Omaxe waiting to produce Rs. 890 Crores at Rs. 500 a share. Rating will be leftover as a vital issue in the process, any company desiring to draw big interest from investors must rate its shares at low rate brand, said Suruchi Kapoor an analyst with SAL Securities Pvt. Ltd to the www.propertykhazana.com.
Omaxe had filed its red herring brochure with market regulator SEBI in December and is permitted for its IPO in May end. Company will use the raised capital to make payments for property, repay loans and construction costs. Total equity hover, 17.5 Million equity shares are for the public and the leftover 2.97 Lakhs shares is for the company. As well, an extra 1.75 Million equity shares has been preserved for green shoe options. If in case the green shoe option is brought into outcome, then Omaxe IPO will include 11.2% of the completely weak post matter paid up capital of the company and 10.3% if the option is not used.
Source: NIMMA BENGALURU
Apartments, Flats and Property for Sale in New Delhi
Aug 01, 2015
Victorian Corporation is offering 2 bhk flat in Dwarka L Zone Delhi in its new residential project Victorian Privilege. The project is located in..
Jun 11, 2014
Antriksh Group launches a world class famous residential project of Antriksh Golf City noida. Types :Apartment, 2BHK, 3BHK Sizes :1050 - 1665 sq..
Apr 11, 2014
Well located apartment available for sale with all the modern amenities like power-backup, intercom, 24 hours security with CCTV surveillance,..
Mar 15, 2014
3 Bhk apartment for sale in rohini ........Please contact for more..
Mar 12, 2014
Available 1st and ground floor for sale at reasonable price,2+1 with 1 attached toilet,white marble flooring,modular kitchen,very near to main..
Feb 22, 2014
3 bhk apartment for sale in rohini delhi north.....please contact for more..
Feb 22, 2014
3 bhk apartment for sale is available in delhi north ..........please contact for more..
Feb 11, 2014
When you want to create a fresh perspective for your life, this is the best real estate option for you and your family. A self sufficient township..
Feb 10, 2014
Corner,200 yards (1800 sq Ft covered area),Freehold property,located in commercial road,in LAJPAT NAGAR-1, New Delhi.Three side balcony,3 Big Bed..
Dec 07, 2013
House is a building for human habitat on. It is one of the basic needs for many people, owning a home brings a sense of pride freedom that cannot..
Apartments, Flats and Property for Rent in New Delhi
Jul 19, 2016
For Rent New Friends Colony, Newly Built Second Floor 3 Bedrooms attached bathrooms, Drawing-Dining, Modular Kitchen, Excellent Wood work, Car..
Jan 14, 2016
For Rent at New Friends Colony, Nicely Built Third Floor 3 Bedrooms Attached Bathrooms, Drawing, Dining, Modular Kitchen, Car Parking, Woodwork,..
Jan 14, 2016
FOR RENT DEFENCE COLONY NEWLY BUILT SECOND FLOOR 4 BEDROOMS ATTACHED BATHROOMS, DRAWING, DINING, MODULAR KITCHEN, CAR PARKING, LIFT, S.Q. RENT..
Jan 06, 2016
FOR RENT DEFENCE COLONY NEWLY BUILT SECOND FLOOR 4 BEDROOMS ATTACHED BATHROOMS, DRAWING, DINING, MODULAR KITCHEN, CAR PARKING, LIFT, RENT..
Mar 12, 2014
Available 1st floor on rent in affordable price,2+1 with 1 attached toilet,white marble flooring,modular kitchen,nice location,very near to main..
Feb 25, 2014
Fully furnished 1 room with attached bathroom surrounding by green..
Jan 04, 2014
We offer our 3 BHK furnished apartment in defence colony. Apartment has three bedrooms with attached bathrooms. It has a modular kitchen which is..
Jun 05, 2013
1 ROOM SET, 1 BHK AND 2 BHK FULLY - FUNISHED are available for Rent in New Delhi at VASANT..
May 04, 2013
leigh appartment first floor for family, for sale in New..