Entertainment World Developers Plans An IPO Of 38 928 943 Equity Shares (21-Jul-2010)
Indian-Commodity : Ipo : Entertainment World Developers Plans An IPO Of 38 928 943 Equity Shares
Entertainment World Developers is coming up with a 100% book building; initial public offering (IPO) of 38,928,943 equity shares of Rs 10 each. The issue shall constitute 30% of the post issue share capital of the company.
ICICI Securities, Kotak Mahindra capital , Edelweiss capital are the book running lead managers to the issue, while Link Intime India is the registrar of the company. The proceeds of the issue shall be utilized for construction of certain projects, purchase of a portion of unsecured fully convertible issued by TWDPL from IAF –III,IAF-IV and PML.
The company owns, develops, manages and operates urban city shopping centers, develop and sell large scale residential townships, and own develop and lease hospitality properties in the fast growing and emerging cities in India under the brand name 'TREASURE'.
Top News Today
 Auto major, Mahindra & Mahindra (M&M) is all set to introduce a smaller version of its multi-purpose vehicle Xylo by Diwali this year as it aims to expand its customer base in the country. The company,
 Godrej Properties, Mumbai based real estate developer launched its new residential project Godrej Alpine in Mangalore. It aims to complete 499-apartment Godrej Alpine for occupation in 36 months. Godrej
 Mahindra & Mahindra, auto major has stopped the second phase of booking for its latest sports utility vehicle XUV500. It has received over 25,000 orders in a period of 10 days from January 25 to February
|
International Stock News
 The US markets ended with mild gains on Wednesday, on reports that Greece had drafted a new financing deal with the European Union and International Monetary Fund. Greek Prime Minister Lucas Papademos
 The US markets rose on Monday, sending the Dow industrials to their highest close since 2008, as Greece's government made progress on measures to secure international aid. Also, a Labor Department report
 The US markets made a mix closing on Thursday, as a drop in jobless claims fueled optimism about the economy and investors looked to the next day's employment report as the next indicator of the economic
|
|
|