09 Jul 07 Omaxe Limited IPO opens for Subscription on 17th
Omaxe Limited, a leading Indian Real Estate Company, is coming out with an IPO through the book building route. Omaxe Limited IPO will open for subscription on 17th July 2007 and will close for subscription on 20 July 2007. Omaxe Limited has fixed the price band for the IPO between Rs. 265 and Rs. 310 per share. As per the DRHP, Omaxe Limited will use the proceeds of the IPO for acquiring land, for repaying loans and for meeting the expenses of various projects carried out by Omaxe Limited. Omaxe Limited has a land bank of over 3000 acres and is currently developing over 45 projects across 30 cities in 9 states in India. The investment bankers managing the Omaxe IPO are presently conducting roadshows in India and abroad. One could spot Omaxe IPO advertisements in TV, newspapers and hoardings. Apart from this I also noticed Omaxe IPO ads, in Mumbai, at the back of 100’s of ‘BEST’ buses. Looks like Omaxe is following a very aggressive advertisement strategy. Post IPO, the shares of Omaxe Limited will be listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The lead managers for the Omaxe IPO are DSP Merrill Lynch Ltd, Citigroup Global Markets India, UBS Securities India and JM Morgan Stanley. The registrar for the Omaxe IPO is Intime Spectrum Registry. For updates on the subscription / oversubscription ratio of Omaxe Ltd IPO and to know the IPO allotment status, refund details and listing date of Omaxe ltd. IPO, do check this blog regularly. The Omaxe IPO issue size is roughly about 550 crores and there is a green shoe option of about 10% of the issue size. The Omaxe IPO seems to be reasonably priced and is likely to reward investors with good listing gains.
Omaxe Limited IPO Prospectus
For more information, read the Draft red herring prospectus of the Omaxe Limited IPO Issue.
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i want to purchase the shares from where i will get the forms for this.
@Sandeep – Contact your nearest stock broker for the IPO forms. Alternatively you can consider opening an account with sharekhan, motilal oswal, relaince money, kotak or icici direct
Hi,
I have applied for OMAXE IPO in retail sec for 160 shares.What is the possibility that I will get them credited ?
Can u Please mail me red herring prospectus of
Omaxe
I tried a lot but not able to download
i have demat a/c in HDFC , is it possible to ON LINE APPLING FOR omaxe IPO
@sunil – You will need a trading account also to apply online
hi
i’m deepak jain from new delhi.
i have purchase 80 share in omaxe ipo.
please tell me about when omaxe share is available for trading.
thanks
deepak jain
I would like to know the status of my shares as I bought on 19th july 07
Listing date of omaxe ltd?????
hi
i’m Kale Bharit from Indore.
i have purchase 60 share in omaxe ipo.
please tell me about when omaxe share is available for trading.
To
The c.s,
Omaxe Ltd,
With reference to my application number 22415502 for Rs.18600. (refer to my emails)from dated 1sr october till today the correspodence is going only from my side but the intime spectrum or the company seems not in the mood to send out refund urgently. What is the reason? We have already given reply to intime regarding adress conformation but unfortunatly the delay is going on without any reason atleast now i request the company to look in to the above matter amd send the refund without delay.
Thankingy ou
I have apllied for 80 shares of omaxe ltd. during I.P.O. UNDER application no.42993902 but even today i.e. 06/12/2007 i have not recieved REFUND for the same as i make so many calls to registrar INTIME SPECTRUM so please look the matter & do needfull & send send refund without delay