Chittorgarh.com Logo
Loading...

Brigade Enterprises Limited IPO (Brigade IPO) Detail

Dec 10, 2007 - Dec 13, 2007

Incorporated in 1990, Brigade Enterprises Limited is one of the leading real estate development company based in Bangalore, primarily focused on the development of residential, commercial and hospitality properties in South India.

Brigade’s commercial properties include commercial office space, software and IT parks, schools, hospitals and retail malls with entertainment facilities, such as multiplexes. They are also involved in the hospitality business. Some of their developed commercial properties in the main business areas of Bangalore include ‘Brigade Software Park’, ‘Brigade South Parade’ and ‘Brigade Techpark’.

Brigade’s prominent clients who occupy these premises include Cisco Systems India Private Limited, Digi Captions India Private Limited, Mahindra Engineering Design & Development Company Limited, Mindtree Consulting Limited, Spice Communications Limited, Tata Coffee Limited and TTK Prestige Limited.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
1. To meet the expenses of acquisition of land;
2. Construction and development costs in relation to Ongoing Projects and Forthcoming Projects;
3. To meet the general corporate purposes;
4. To meet the long term working capital requirements of the Company.

Brigade IPO Details

IPO Opening Date Dec 10, 2007
IPO Closing Date Dec 13, 2007
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹351 to ₹390 per equity share
Market Lot 16 Shares
Min Order Quantity 16 Shares
Listing At BSE, NSE
Issue Size16,624,720 Eq Shares of ₹10
(aggregating up to ₹648.36 Cr)

Brigade IPO Lot Size

The Brigade IPO market lot size is 16 shares. A retail-individual investor can apply for up to 32 lots (512 shares or ₹199,680).

Application Lots Shares Amount (Cut-off)
Minimum 1 16 ₹6,240
Maximum 32 512 ₹199,680

Brigade IPO Subscription Status (Bidding Detail)

The Brigade IPO is subscribed 13.07 times on 12/13/2007 5:00:00 PM. The public issue subscribed 5.59 times in the retail category, 18.29 times in the QIB category, and 4.89 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Brigade IPO Prospectus

Brigade IPO Rating

256
3.3
Rating:Rated 3.3 stars
Vote Here ...

Brigade IPO Listing Date

Listing Date Monday, December 31, 2007
BSE Script Code 532929
NSE Symbol BRIGADE
Listing In
ISIN INE791I01019
IPO Price ₹390 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹390.00
₹399.70
₹365.80
₹409.40
₹378.55
NSE
₹390.00
₹430.00
₹355.15
₹489.90
₹379.90

Company Contact Information

Brigade Enterprises Limited
Pent House Brigade Towers,
135 Brigade Road,
Bangalore - 560025, Karnataka, India
Phone: +91-8041-379200
Email: investors@brigadegroup.com
Website: http://www.brigadegroup.com

Brigade IPO Registrar

KFintech Private Limited

Phone: 04067162222, 04079611000
Email: brigadeipo@karvy.com
Website: https://karisma.kfintech.com/

Brigade IPO Reviews / Ratings

  • Business Line - May apply
  • Keynote Capitals Ltd - May apply
  • KR Choksey Securities Ltd - Apply
  • Noble Group - Avoid
  • Prabhudas Lilladher Pvt Ltd - Apply
  • S P Tulsian - Apply

Brigade IPO FAQs

Brigade IPO is a main-board IPO of 16,624,720 equity shares of the face value of ₹10 aggregating up to ₹648.36 Crores. The issue is priced at ₹351 to ₹390 per equity share. The minimum order quantity is 16 Shares.

The IPO opens on Dec 10, 2007, and closes on Dec 13, 2007.

KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Brigade IPO opens on Dec 10, 2007 and closes on Dec 13, 2007.

Brigade IPO lot size is 16 Shares and the minimum order quantity is 16 Shares.

You can apply in Brigade IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Brigade IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Brigade IPO allotment status.

The Brigade IPO listing date is on Monday, December 31, 2007.

Brigade IPO Message Board

Ranked Members  Ranked Members

Loading...

472 Comments

472. Chinar |Feb 6, 2008 2:48:45 PM
vah shabash.....Loot liyaa logo kooo
471. dhruv arya |Feb 3, 2008 10:32:53 PM
please let me know about the level of BRIGADE ENTERPRISES as i have 47 shares @ Rs 390/- so what should i do should???
SHOULD I HOLD THEM OR COME OUT OF IT AND BOOK LOSS
PLEASE REPLY ASAP
470. Pramod |Jan 30, 2008 8:12:02 PM
As I said it is a costly script. it is trading now at below 300.its next target would be 200. stay away from this stock. It is a money sucker. It can give only huge loss.
469. Amar |Jan 21, 2008 5:05:12 PM
Dear Friends........Tanushree,Raj Kiran, IPO Raja or Rank?

PL DONT TRAP OUR INNOCENT FRIENDS< U TRAPPED.....but dont do to others

459. Amar (220.224.79.233) 1/10/2008 7:12:44 PM IST Report Spam!
Will get chance to buy at 295 in near future.......even can start buying below 318 level......

468. Amar (220.224.76.46) 1/16/2008 10:08:57 AM IST Report Spam!
460. Amar (220.224.79.233) 1/10/2008 7:12:44 PM IST Report Spam!
Will get chance to buy at 295 in near future.......even can start buying below 318 level





456. Amar (195.93.60.70) 1/9/2008 4:19:18 PM IST Report Spam!
Tanushree, Raj kiran, IPO Raja

154 what to do?????? want to wait for 125 ........again making our friends fool ........u trapped everybody in Brigade by giving wrong information.......now 356 ( loss 34 rs ) u misguided that this will touch 550....

i m not in fighting mood, but at 21000 index these promotors are loting us by higher premium in their pockets

Brigade & Manksia both are good co, but Brigade good at 225 rs & Manksia at 100 rs......


468. Pavan Yadav |Jan 18, 2008 6:20:39 PM
I applied for 56 Shares in BGR Energry IPO costing 26880/-.
But it's really a regret to say that i havn't recieved my Refund till Date.
Please look into this matter & help me out ASAP.
I tried a lot of contacting Intimespectrum also, but they also dn't have proper reply.
I really got fed up of this. Please do me helpful
Application No.:: 91111587
467. amith |Jan 17, 2008 6:45:04 PM
Expect some action in this scrip tomorrow

http://www.sptulsian.com
company news section
Jan 17, 2008 03:01 pm
BRIGADE ENTERPRISES
Brigade Hospitality Services Pvt Ltd, a 100% subsidiary of Brigade Enterprises Ltd have signed a management agreement with Sheraton Hotels and Resorts to manage a new-build Sheraton Hotel in Mysore. Sheraton Mysore Hotel will be part of a 4 acre development that will include commercial space, in addition to the hotel.
466. Amar |Jan 16, 2008 11:08:57 AM
460. Amar (220.224.79.233) 1/10/2008 7:12:44 PM IST Report Spam!
Will get chance to buy at 295 in near future.......even can start buying below 318 level......
465. shah |Jan 15, 2008 8:56:46 PM
brigade co. tezi se oopar aayegi kyonki unke pas bahut acche order hai. give them for atleast 10 days. and see
464. Imran |Jan 15, 2008 2:27:59 AM
Its like omaxe & Akruti.
463. pramod |Jan 13, 2008 2:18:55 PM
if u have patience then wait for 390.Because it will take so much of time. better then sell it & go for another ipo.
462. maliks |Jan 13, 2008 12:27:44 AM
just make the brigade 390 to 395 so that we can get money back
461. Amar |Jan 11, 2008 6:23:06 PM
Another cheater Group......Precision down 9% ( loss 18 Rs )

In line with Mankasia....down 11% ( loss 18 rs )

Brigade............down 12% ( loss 50 rs )

Renaissance .......down 9% ( loss 15 rs )

Empee Dist..........down 22% ( loss 91 Rs )

Rathi bars ........down 9% ..( loss 3 rs )

Even at 20827 Index ......out of last 15 IPO's .6 ipo's are in
RED.......BE CAUTIOUS WITH CHEATERs

2007 almost 40% IPO's are in RED.....

Making their pockets full & never worried about innocent investors...135 issues going to come & 40% will be like this so be careful

MORE CHEATERS ARE EXPECTED IN 2008 so BE CAREFUL FRIENDS< ITS HARD EARNED MONEY

Even be careful with some dear friends who posts msg here on as company agents & misguide new comers....( They always advise long term Very good buy...........lol )
460. pramod |Jan 11, 2008 9:43:16 AM
it is not a brigade. it is a low grade i.e.lowgrade stock.
459. pramod |Jan 11, 2008 9:41:36 AM
sell it otherwise it will suck your whole money. it is a costly script. do not hold it sell it on lesser loss because there is no chance of profit in this sript in short term. It will take six month to get 400. so make average & come out from this script.
458. VR |Jan 10, 2008 11:50:13 PM
BRIGADE ENTERPRISES: Will it go below 300?
457. Amar |Jan 10, 2008 8:12:44 PM
Will get chance to buy at 295 in near future.......even can start buying below 318 level......
456. RK |Jan 10, 2008 4:04:43 PM
I think the valuation of Brigade Enterprise is quite fair. One should also consider the volumes of share being traded in a day not just the price change. See out of approx. 90 lakh shares, the trading is done only in about 5 lakh (NSE+BSE). I am hopeful it will eventually move up like in case of Parsavnath Developer.
455. Imran |Jan 10, 2008 12:33:07 AM
See what happen in omaxe, jagran, akruti. Just hold for 1 yr. You received descent profit.
454. Amar |Jan 9, 2008 5:19:18 PM
Tanushree, Raj kiran, IPO Raja

154 what to do?????? want to wait for 125 ........again making our friends fool ........u trapped everybody in Brigade by giving wrong information.......now 356 ( loss 34 rs ) u misguided that this will touch 550....

i m not in fighting mood, but at 21000 index these promotors are loting us by higher premium in their pockets

Brigade & Manksia both are good co, but Brigade good at 225 rs & Manksia at 100 rs......

453. PARDEEP JAIN |Jan 9, 2008 7:23:27 AM
BOMBAY STOCK EXCHANGE LIMITTED LOGE COMPLAINT REF NO 20071200501 ON DATED 13/12/2007 AGENST TATIA INTIMATE EXPORTS LTD TAMIL NADU AND ASSURE ME TRANSFER SHARE CERTIFICATE IN 15 DAYS BUT ONE MONTH PAST COM NOT TRANSFER ABOVE CERIFICATE