Oberoi Realty Ltd IPO

Oberoi Realty ipo allotmentOberoi Realty announced its initial public offer (IPO) open on Oct 06, and would remain open for subscription till October 08. “Oberoi Realty Ltd” increase nearly Rs 1500 crore – through the initial public offering issue The price band of the issue is (Update come later).

Oberoi is a real estate builder focused on premium improvements in Mumbai. Group have finished thirty-two projects covering around 4.979 million sq ft of saleable region spread throughout the city of Mumbai. The company presently handles a portfolio spanning throughout Office Space, Residential, Hospitality, Retail and Social Infrastructure properties in Mumbai.

presently they’ve 8 Ongoing as well as nineteen Planned projects, that we expect to offer a full Saleable Area of around 21,316,528 sq.ft.

Purchase of property or land improvement rights, Building of on-going projects
and Common business purposes are the important object’s of the IPO issue.

Face Value; Rs.10
Tick Size;
Minimum Order Qty:
Market Lot:
Issue Type is 100%  Book Building.

IPO Grade for Oberoi Realty Limited

CRISIL allocated IPO grade ‘4/5’ to the IPO of  Cantabil, this shows that the fundamentals of the issue are above average relative to other listed equities.

It is a good stock for subscrip with long term view by nsestocktips.in vm.venkatesh

Conduct details

Address: Commerz 3rd Flr International, Business Park Goregaon (East) Mumbai – 400063, Maharashtra, India
Phone number; 91-22-66773333  Fax detail;. 91-22-66773334
Email address;cs@oberoiconstructions.com
Website Url; www.oberoiconstructions.com

Book Running Lead Manager

Kotak Mahindra Capital Company Ltd, J.P. Morgan India Pvt Ltd, Enam Securities Pvt Ltd, Morgan Stanley India Company Pvt Ltd are the Book Running Lead Manager for Oberoi Realty.

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