Emaar MGF IPO

Emaar Properties PJSC of Dubai with MGF Development of India with its joint venture of the Emaar MGF Land is planning to come out with a IPO real soon. The two companies have already filed the DRHP with the Securities and Exchange Board of India in a bid to enter the capital market.

Emaar MGF is set to offer about 117 million shares of 10 Rs each through a complete book building process. The IPO is going to be a big one and will easily reach 1 billion dollars. Emaar MGF have plans to raise atleast close to 4500 crores with this issue.

Enam Securities Private Limited and DSP Merill Lynch Limited are jointly the book running lead managers and are all ready to bring in another successful IPO.

The company is in value added realty sector mainly into land development and other ammenities. They plan to develop property in the healthcare, educational and other sectors.

7 Comments so far »

  1. MANISH said,

    Wrote on December 16, 2007 @ 3:52 pm

    WHEN EMAAR MGF,RELIANCE POWER,BSNL IPO COME IN MARKET????????????????????????????????////

  2. Divya said,

    Wrote on January 13, 2008 @ 10:08 pm

    Hi,
    I would like to know when the IPO will the market.
    Thanks in advance

  3. RAJNIKANT said,

    Wrote on February 4, 2008 @ 10:44 pm

    i want the to invest in the ipo of thecompany name:EMMA MGF GIVE ME THE PROPER ADVISE FOR THIS

  4. Badarudeen said,

    Wrote on February 4, 2008 @ 11:27 pm

    I would like to know about the IPO,whether I can apply from UAE and whre I should apply, what is the unit price and how much the minimum purchase to be required.

    Thanks
    Badarudeen

  5. roshan kumar said,

    Wrote on February 6, 2008 @ 2:14 am

    i am intrested in buying ipo but iam new to the share market so please brief me about the procedure

  6. DEEPTI BUSSI said,

    Wrote on February 20, 2008 @ 11:34 am

    please provide a date for the refund of IPO Amount of Rs. 50400/ payable to me.

    please do the needful at the eaaliest.

    thanks

  7. Anupkumar said,

    Wrote on February 24, 2008 @ 9:59 pm

    Please refund my fund which i apply in your IPO or mail me the detail about the IPO

Comment RSS · TrackBack URI

Leave a Comment

Name: (Required)

E-mail: (Required)

Website:

Comment: