D B Realty Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 19,230,770 (60%) | — | ₹93,462 Cr |
| NII (HNI) | — | 3,205,128 (10%) | — | ₹15,577 Cr |
| Retail | — | 9,615,384 (30%) | — | ₹46,731 Cr |
| Σ Total | — | 32,051,282 (100%) | — | ₹1,557,692 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 14 | ₹6,804 |
| Retail (Max) | 13 | 182 | ₹88,452 |
| S-HNI (Min) | 14 | 196 | ₹95,256 |
| B-HNI (Min) | 67 | 938 | ₹455,868 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Construction and development cost for certain of our projects – 13,87.902
- 2 Pre-payment of loan from IDFC – 80.000
- 3 General corporate purposes –
Company Overview
DB Realty Limited (DBRL) is a real estate development company focusing on residential, commercial, retail and other projects, such as mass housing and cluster redevelopment in and around Mumbai. Today, the Group is one of India's top Real Estate developers, with presence in Commercial, Residential, Hospitality, Retail, IT Parks and Gated communities. Its existing product portfolio ranges from upscale buildings, lavish villas and some of the most elite malls in the country.
As of August 31, 2009, DB Realty have ten Ongoing Projects, aggregating approximately 18.61 million square feet of Saleable Area, nine Forthcoming Projects, aggregating approximately 20.17 million square feet of Saleable Area and six Upcoming Projects, aggregating approximately 22.11 million square feet of Saleable Area.
They are jointly promoted by Mr. Vinod K. Goenka and Mr. Shahid U. Balwa, whose families have been in the real estate and allied businesses for more than 25 years and 95 years, respectively. DB's significant shareholders also include IL&FS Trust Company Limited, IIRF Holdings VI Limited, Trinity Capital (Eleven) Limited, Bollywood Mauritius Holdings and Walkinson Investments Limited.