Omaxe, real estate development and construction company with operations in 30 cities and 9 states in India, will list on the bourses with 17,27,50,000 shares on August 9, 2007. The issue price fixed at Rs 310 per equity share (upper end of the price band).
The issue was oversubscribed around 68 times, the QIB portion was oversubscribed around 95 times; the Non-Institutional Investors portion was oversubscribed around 80 times; and the Retail Individual Investors Portion was oversubscribed around 13 times.
Omaxe is involved in residential and commercial real estate development projects ranging from integrated townships, group housing and retail and other commercial properties, hotels, information technology and bio-tech parks to special economic zones.
The issue was oversubscribed around 68 times, the QIB portion was oversubscribed around 95 times; the Non-Institutional Investors portion was oversubscribed around 80 times; and the Retail Individual Investors Portion was oversubscribed around 13 times.
Omaxe is involved in residential and commercial real estate development projects ranging from integrated townships, group housing and retail and other commercial properties, hotels, information technology and bio-tech parks to special economic zones.
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