Emaar MGF Land Ltd IPO (MGF IPO) Detail

Feb 1, 2008 - Feb 11, 2008

Incorporated in 2005, Emaar MGF Land Limited is a joint venture between Emaar Properties PJSC (“Emaar”) of Dubai and MGF Development Limited ("MGF") of India.

Emaar is one of the world’s leading real estate companies – having developed approximately 45.0 million square feet of real estate across residential, commercial and other business segments and with operations in 16 countries. Emaar's primary business is the development of properties in the residential, commercial, retail and hospitality sectors. They have also identified healthcare, education and infrastructure as business lines for future growth.

Emaar's current project includes The Views at Mohali Hills (Mohali),The Villas at Mohali Hills (Mohali), Boulder Hills (Hyderabad), Palm Springs (Gurgaon), Chennai Esplanade (North Chennai), Palm Drive (Gurgaon), The Central Plaza (Mohali), Courtyard by Marriott (Amritsar), J.W. Marriott (Kolkata), Holiday Inn (Kolkata), Holiday Inn (Dehradun).

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
1. Part payment towards acquisition of land and land development rights and related approvals for our ongoing and planned projects;
2. Development and construction costs for the project palm drive;
3. Repayment of loans;
4. To meet the expenses of the Issue;
5. For General Corporate Purpose.

MGF IPO Details

IPO DateFeb 1, 2008 - Feb 11, 2008
Issue TypeBook Built Issue IPO
Issue Size102,570,623 Eq Shares of ₹10
(aggregating up to ₹6,461.95 Cr)
Face Value₹10 Per Equity Share
IPO Price₹530 to ₹630 Per Equity Share
Market Lot10 Shares
Min Order Quantity10 Shares
Listing AtBSE, NSE

MGF IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum110₹6,300
Maximum31310₹195,300

IPO Notices

External Link

Attention Members (NSE Notice)
Global Coordinators and Book Running Lead Managers to the issue have informed the Exchange that the issue will now close on Feb 11, 2008 instead of the earlier closing day on Feb 06, 2008. Further price band has been revised from Rs.540/- to 630/- per share to Rs.530/- to Rs.630/- per share.

Attention Members NSE Notice
Members are requested to note that the book building issue of EMAAR MGF LAND LIMITED which was scheduled to close on 11th Feb. 2008, has been withdrawn by the Lead Managers and now the Issue stands Close.

MGF IPO Subscription Status (Bidding Detail)

MGF IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Employee

Others

Total

Shares Offered

-

-

-

-

-

-

Feb 8, 2008 17:00

0.29x

0.78x

0.47x

0.39x

MGF IPO Prospectus

MGF IPO Rating

870
3.5
Rating:Rated 3.5 stars

Vote Here ...

MGF IPO Reviews / Ratings

  • Business Line - Other
  • Edelweiss Broking Ltd - Subscribe
  • Keynote Capitals Ltd - Subscribe for Long Term
  • KR Choksey Securities Ltd - Avoid
  • Manish Bhatt - Subscribe
  • Smart Investments Ltd - Subscribe for Long Term
  • S P Tulsian - Avoid

Company Contact Information

Emaar MGF Land Ltd
ECE House,
28, Kasturba Gandhi Marg,
New Delhi - 110 001, India

Phone: +91-11 4152 1155
Email: IPO@emaarmgf.com
Website: http://www.emaarmgf.com

MGF IPO Registrar

Karvy Computershare Private Limited
   Karvy Registry House, 8-2-596, St. No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Email: einward.ris@karvy.com
Website: https://karisma.karvy.com/

MGF IPO FAQs

  1. 1. What is MGF IPO?

    MGF IPO is a main-board IPO of 102,570,623 equity shares of the face value of ₹10 aggregating up to ₹6,461.95 Crores.

    The issue price of the IPO is ₹530 to ₹630 Per Equity Share. The minimum order quantity is 10 Shares per application and the offer type is Book Built Issue.

    The IPO opens on Feb 1, 2008 and closes on Feb 11, 2008.

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

  2. 2. When MGF IPO will open?

    The MGF IPO opens on Feb 1, 2008 and closes on Feb 11, 2008.

  3. 3. How to apply for MGF IPO?

    MGF IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When MGF IPO allotment?

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

  5. 5. When is MGF IPO listing date?

    The MGF IPO listing date is not yet announced. The tentative date of MGF IPO listing is [.].
  6. 6. What is the lot size of MGF IPO?

    MGF IPO lot size is 10 Shares and the minimum order quantity is 10 Shares.

Guaranteed Save 60% to 90% Brokerage

You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

MGF IPO Review / Comments

vijaykumar s goplani
590. vijaykumar s goplani  Jun 11, 2008 23:29
I have not recieved refund of emaar mgf.My app. no 43843987
manjit kaur
589. manjit kaur   Jun 7, 2008 08:27
I have not recieved the refund for 'EMAAR MGF IPO.I had submitted my application on along with cheque no 299002 for Rs,63000/-.My D.MAT A/C no. is 1202290000036333 and bank a/c no is 041010100082402 AXIS BANK SCO 343-344, 35-B CHANDIGARH.Pl do needful. Regards
VIKALPJ J GUPTA
588. VIKALPJ J GUPTA  Apr 22, 2008 16:05
RESPECTED SIR,
MY SELF VIKALP JAINARAYAN GUPTA MY DEMATE A/C NO. IS 1202000000176476 I HAVE NOT RECEIVED MY IPO AMOUNT RS.25875.
HPOE FOR YOUR COPERATION,
VIKALP GUPTA
GONDIA(M.S)
Bharath
587. Bharath  Mar 13, 2008 15:38
Hi Guys,

Could anybody knows when is the listing on BSE/NSE.
Murali
586. Murali  Mar 10, 2008 20:52
I applied through kotak securities , which are not refunded yet now
DP IN300214-13111385
Ashish
585. Ashish  Mar 10, 2008 13:56
I have applied for 1 lot and still not got refund....

Application No.: 18218687
Demat ID: IN303028-51425324
Sfc
584. Sfc  Mar 8, 2008 21:42

refund is declared on 25th feb.2008
what r u doing ?

chak de india


davinder kaur
583. davinder kaur  Mar 8, 2008 11:23
Ihave applied for Emaar IPO but yet not received my refund.My application no. 65869717 and my demat no. is IN301774 10465726.
venkataramani
582. venkataramani  Mar 7, 2008 10:52
I have applied emaar for 150 shares.i am yet to receive the refund
Rajesh Jain
581. Rajesh Jain  Mar 4, 2008 09:28
IPO Application No. - 11270161
I applied Emmar Mgr IPO through India Bull.
But have not recieved refund of Emmar Mgr. Can any one please let me know - when it is expected to receive?
kiran lekha
580. kiran lekha  Mar 3, 2008 10:03
I have applied for40 shares and paid Rs.25200. My application
No. is 61860607.I have not the refund til today.Please help.
NIRAJ KUMAR TIWARY
579. NIRAJ KUMAR TIWARY  Feb 29, 2008 13:34
sir,I had applied through icici direct.com online for 20 share of
emmar mgf for rs-12,600/-vide application no-18203773 on 04 feb
08 at 08:18:48,through my dmat acc no-41533799,till date i had not recd my refund pls help me ,for this i will great helpfull to
you. thanks.
sattibabu jami
578. sattibabu jami  Feb 28, 2008 22:47
i have applied for emaar-mgf ipo on 06.02.2008 for 80(eighty)shares @630.00. Yet i did't get refund.

APPLICATION NO: 71652601
Please help.
manik
577. manik  Feb 28, 2008 21:18
hiiii
today i got my refund back...........
shiva
576. shiva  Feb 28, 2008 14:55
Thank God.
I got my refund cheque today.
Hrushi
575. Hrushi  Feb 28, 2008 14:09
Hi,

I applied EMAAR IPO thru ICICI Direct but i dint get my refund as of now. Where do i neeed to contact.

Please help in this regard

Regards
Rishi
nirmal mehta
574. nirmal mehta  Feb 28, 2008 12:39
I have not recieved refund of emmer mgf. My application no. is 13703592
naga
573. naga  Feb 28, 2008 09:12
Hi, I applied EMAAR MGF thru Reliance Money but still I havnt recived money. One of My friend He also applied thru Reliance Money , he Got Ecs in HDFC bank, how come I couldnt get. I am having AXIS bank account.
prakash baheti
572. prakash baheti  Feb 27, 2008 15:36
thank god finally i got my refund today

sanjay parcha
571. sanjay parcha  Feb 27, 2008 14:01
I applied Emmar Mgr IPO through Arcadia Brokers, I have invested Rs. 25,200/- which are not refunded yet now, and Emmar people have not given any kind of information regarding this, please do let me know about this as soon as possible, matter is urgent.
Please note down my account number, given below

Name: Sanjay Parcha
Account Number: 00261000254993.
Bank Name : HDFC Brach: Old Rajender Nagar-New Delhi
Thanking You
Sanjay Parcha
14/173 Kalayan Puri
Near Lal Bahadur Shastri Hospital
Delhi-110091







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App