Manas Properties Ltd - Prospectus Synopsis

Manas Properties Ltd RHP

Registered Office : 10th Floor Dev Plaza , S V Road Andheri (West) , Mumbai - 400058 , Maharashtra , India.

Phone : 91-22-40383838  Fax : 91-22-26243218

Email :    Website :

Public offer of 11,10,000 equity shares of Rs. 10/- each (equity shares) of Manas Properties Limited (MPL or the company) for cash at a price of Rs. 360 per share (the offer price), aggregating to Rs.39.96 crores (the offer) consisting of fresh isue of 1,50,000 equity shares aggregating to Rs.5.40 crores and an offer for sale of 9,60,000 equity shares by the selling shareholders aggregating to Rs.34.56 crores (offer for sale),of which 57,600 equity shares of Rs. 10/- each will be reserved for subscription by market makers to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. Offer of 10,52,400 equity shares of Rs. 10/- each is hereinafter referred to as the net offer. The offer and the net offer will constitute 26.68% and 25.29%, respectively of the post offer paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the offer price is 36 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
17-Mar-2017 22-Mar-2017 Rs 360 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 300 Further Multiples of : 300
  Rs Cr Lead Managers to the Issue
Project Cost 0 Aryaman Financial Services Ltd
Project Financed through Current Offer 39.96  
Post Issue Equity Share Capital 4.16  
Issue Price Rs. 360  
Repayment of loans to make the company debt free
Promoted By Listing At Registrar to the Issue
Dev Land & Housing Pvt Ltd
Vijay Thakkar
BSE - SME Bigshare Services Pvt Ltd

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