Prestige Estates Projects Ltd IPO

Closed

Subscription Details

  • Open Date 12 Oct
  • Close Date 14 Oct
  • Lot Size 30
  • IPO Size ₹ 1200 Cr
  • IPO Price Range ₹ 183
  • Min Investment ₹ 5490

Prestige Estates Projects Ltd IPO Timeline

Open Date
12 Oct
Close Date
14 Oct
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 65,573,770 equity shares of Rs. 10 each of Prestige Estates Projects Limited. (The Company or The Issuer) for cash at a price of Rs. 183 per equity share (including a share premium of Rs. 173 per equity share) aggregating to Rs. 1200.00 Crores (The Issue). The issue comprises a net issue to the public of 65,409,836 shares of Rs. 10 each (The Net Issue) and a reservation of 163,934 equity shares of Rs. 10 each for eligible employees (the Employee Reservation Portion) aggregating to Rs. 3.00 crores. The net issue will aggregate to 65,409,836 equity shares amounting to Rs. 1197.00 Crores. The issue will constitute 19.99% of the fully diluted post issue paid-up capital of the company and the net issue would constitute 19.94% of the fully diluted post issue paid-up capital of the company. Issue price : Rs. 183 per equity share of face value Rs. 10 each. The issue price is 18.3 times the face value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Prestige Estates Projects Ltd IPO

Contact Information

Address

Prestige Falcon Tower,
No 19 Brunton Road,
Bengaluru, Karnataka 560025

Open Demat Account