Kumar Urban Development Ltd - IPO

Kumar Urban Development Ltd IPO Details

Public issue of [*] equity shares of Rs.[*] each of Kumar Urban Development Limited. (The company or the issuer) for cash at a price of Rs.[*] per equity share (including a share premium of Rs.[*] per equity share) aggregating up to Rs. 450.00 Crores (the issue). The issue would constitute [*]% of the post issue paid-up capital of the company. The face value of the equity share Rs. [*] each. The issue price is [*] times the face value at the lower end of the price band and [*] times the face value at the higher end of the price band.

Objective of issue

Acquisition of land development rights. Construction expenses of ongoing & planned project. Funding for repayment of loans for company & Subs.. General corporate purposes.

Kumar Urban Development Ltd Contact Details

Kumar Urban Development Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - investors@kudl.in