IVRCL Assets & Holdings Ltd (Merged) - IPO

IVRCL Assets & Holdings Ltd (Merged) IPO Details

Public issue of 1,41,50,000 equity shares of Rs.10 each for cash at a price of Rs.550/- per equity share including a share premium of Rs.540/- per equity share, aggregating Rs.778.25 Crores (the issue) by IVR Prime Urban Developers Limited (the company or the issuer). The issue comprises a net issue to the public of 1,40,00,000 shares of Rs.550/- each (the net issue) and a reservation of up to 1,50,000 shares of Rs.550/- each for the permanent employees of the company (the employee reservation portion). The issue would constitute 22.06% of the fully diluted post issue paid-up capital of the company. The net issue will constitute 21.82% of the fully diluted post issue paid-up capital of the company.Issue Price is Rs.550/- per equity share of face value Rs.10/-Issue price is 55 times of the face value

Objective of issue

Development & Construction costs for our Project. Develop & Constrn costs for the IT Park & Mall. Repayment of loan to our Parent Company. Repayment of the loan taken from Karnataka Bk Ltd. Repayment of the Develop. Rights Cost to Parent Co. General Corporate Purposes.

IVRCL Assets & Holdings Ltd (Merged) Contact Details

IVRCL Assets & Holdings Ltd (Merged), 46,Avenue 4, Street No 1, Banjara Hills, Hyderabad - 500034

Phone - 91-040-23431546/49

Fax - 91-40-23431551

Email - investors@ivrclholdings.com, info@ivrclah.com

Website - www.ivrprime.com