Tag Archive | "DB Realty"
DB Realty Ltd’s $325 mln IPO Oversubscribed- Indicates Revival in Investors Demand for Real Estate Stocks
Indian developer DB Realty Ltd’s $325 million initial public offering was oversubscribed on Monday, the second day of the sale, indicating a revival in investor demand for real estate stocks. The property firm is developing 19.5 million sq ft of projects, mostly in Mumbai, the country’s financial capital. It has offered up to 13.4 percent [...]
Continue reading...DB Realty IPO subscribed 1.17 times on second day
Monday, February 1, 2010
The Rs 1,500-crore initial public offer of real estate developer DB Realty was subscribed 1.17 times on the second of the issue today. The public issue of the Mumbai-based realty firm received bids for over three crore shares against 2.64 crore equities on offer for public, as per the data available with the National Stock Exchange [...]
Continue reading...Realty companies eye Rs 15K-crore mop-up
Friday, November 13, 2009
Cash-strapped real estate companies looking for succor from the capital market are likely to run into headwinds on the pricing front. Market watchers say unless the promoters price their issues a bit more realistically, they are likely to see a tepid response from investors. Some of the high-profile new issues over the past few months were [...]
Continue reading...DB Realty to raise Rs 1,500 cr, files IPO prospectus
Wednesday, September 30, 2009
Mumbai-based real estate developer DB Realty will raise Rs 1,500 crore through an initial public offer and has filed the draft prospectus with market regulator Sebi for the same. DB Realty is into developing residential and commercial projects, including parks and villas. Sources said the company intends to offload 10 per cent of its equity and has [...]
Continue reading...Finlay Mill land put on the block again
Friday, July 3, 2009
MUMBAI: After two abortive attempts, National Textile Corporation (NTC) has again put its Finlay Mill land in Parel up for sale with one-third reduction in reserve price. NTC has reduced the reserve price of its 10.3 acres in central Mumbai from Rs 1,065 crore to Rs 708 crore, and is expecting bids from prominent real estate [...]
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Tuesday, February 2, 2010
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