Parsvnath Developers Ltd - Prospectus Synopsis

Parsvnath Developers Ltd RHP

Registered Office : Parsvnath Metro Tower Shahdara , Near Shahdara Metro Station , Delhi - 110032 , Delhi , India.

Phone : 91-11-43010500/43050100  Fax : 91-11-43050473

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

Public issue of up to 3,32,38,000 equity shares of Rs. 10 each (equity shares) for cash at a price of Rs.300/- per equity share aggregating Rs.997.14 Crores (the issue), by Parsvnath Developers Limited (PDL, the company or the issuer). There will also be a green shoe option of up to 30,87,800 equity shares to be offered by Parasnath and Associates Private Limited, one of our promoters, for cash at a premium of Rs.290/- per equity share and at a price of Rs.300/- per equity share aggregating Rs.92.63 Crores. The issue and the Green Shoe option, if exercised in full, will aggregate 3,63,25,800 equity shares amounting to Rs.1089.77 Crores. The issue comprises a net issue to the public of up to 3,30,38,000 equity shares (the net issue) and a reservation of up to 2,00,000 equity shares for subscription by employees (as defined herein) (the Employee Reservation Portion), at the issue price. The issue will constitute 18.30% of the fully diluted post-issue equity share capital of our company assuming that the green shoe option is not exercised and 19.67% assuming that the green shoe option is exercised in full. Issue Price : Rs.300 per equity share of face value Rs. 10 The issue price is 30 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
06-Nov-2006 10-Nov-2006 Rs 300 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 20 Further Multiples of : 20
  Rs Cr Lead Managers to the Issue
Project Cost 0 DSP Merrill Lynch Ltd
Project Financed through Current Offer 997.14  
Post Issue Equity Share Capital 181.61  
Issue Price Rs. 300  
Projects
Exp. on Development & Construction of Projects
Promoted By Listing At Registrar to the Issue
Nutan Jain
Pradeep Kumar Jain
Pradeep Kumar Jain & Sons(HUF)
Mumbai Link Intime India Pvt Ltd
 

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