Brigade Enterprises Ltd - Prospectus Synopsis

Brigade Enterprises Ltd RHP

Registered Office : 29 & 30 Flr World Trade Center , 26/1 Dr Rajajinagar , Bangalore - 560055 , Karnataka , India.

Phone : 91-80-41379200  Fax : 91-80-41379321

Email : investors@brigadegroup.com    Website : www.brigadegroup.com

Public issue of 1,66,24,720 equity shares of Rs.10 each for cash at a price of Rs 390/- per equity share including a share premium of Rs.380/- per equity share, aggregating Rs.648.36 Crores (the issue) by Brigade Enterprises Limited (the company or the issuer). The issue comprises a net issue to the public of 1,65,24,720 shares of Rs.10/- each (the net issue) and a reservation of up to 100,000 equity shares of Rs.10 each for eligible employees (the employee reservation portion). There will also be a green shoe option of up to 2,493,708 equity shares for cash at a price of Rs.390/- per equity share aggregating to Rs.97.26 Crores (the green shoe option). The issue and the green shoe option, if exercised in full, will aggregate to 19,118,428 equity shares amounting to Rs.745.62. The issue will constitute 16.87% of the fully diluted post issue paid-up capital of the company assuming that the green shoe option is exercised in full and 15.00% assuming that the green shoe option is not exercised. The net issue will constitute 16.78% of the fully diluted post issue paid-up capital of the company assuming that the green shoe option is exercised in full and 14.91% assuming that the green shoe option is not exercised. Issue Price Rs.390/- per equity share of face value Rs.10/- The issue price is 39 times of the face value

Issue Money Payable On
Opens On Closes On Application Allotment
10-Dec-2007 13-Dec-2007 Rs 390 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 16 Further Multiples of : 16
  Rs Cr Lead Managers to the Issue
Project Cost 1415.42 Enam Securities Pvt Ltd
Project Financed through Current Offer 648.36  
Post Issue Equity Share Capital 110.83  
Issue Price Rs. 390  
Projects
Acquisition of Land
Promoted By Listing At Registrar to the Issue
Githa Shankar
M R Jaishankar
Mumbai Karvy Computershare Pvt Ltd
 

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