Emaar MGF Land Ltd IPO (MGF IPO) Detail

February 1, 2008 - February 11, 2008

MGF IPO is a book built issue of Rs 6,461.95 crores.

MGF IPO bidding started from February 1, 2008 and ended on February 11, 2008.

MGF IPO price band is set at ₹530 to ₹630 per share. The minimum lot size for an application is 10 Shares. The minimum amount of investment required by retail investors is ₹6,300.

Citigroup Global Markets India Private Limited, Bofa Securities India Limited, Axis Capital Limited and Kotak Mahindra Capital Company Limited are the book running lead managers of the MGF IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to MGF IPO RHP for detailed information.

MGF IPO Details

IPO Date February 1, 2008 to February 11, 2008
Listing Date [.]
Face Value ₹10 per share
Price Band ₹530 to ₹630 per share
Lot Size 10 Shares
Total Issue Size102,570,623 shares
(aggregating up to ₹6,461.95 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

MGF IPO Reservation

MGF IPO Lot Size

Investors can bid for a minimum of 10 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 10 ₹6,300
Retail (Max) 31 310 ₹195,300
Lot Size Calculator

About Emaar MGF Land Ltd

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 (MGF IPO Objectives)

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 Subscription Status (Bidding Detail)

The MGF IPO is subscribed 0.39 times on Feb 8, 2008 5:00:00 PM. The public issue subscribed 0.47 times in the retail category, 0.29 times in the QIB category, and 0.78 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

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 Prospectus

MGF IPO Rating

Rating:Rated 3.5 stars
Vote Here ...

MGF IPO Contact Details

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

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/


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 is priced at ₹530 to ₹630 per share. The minimum order quantity is 10 Shares.

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

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

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

MGF IPO lot size is 10 Shares, and the minimum amount required is ₹6,300.

You can apply in MGF 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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.

The MGF IPO listing date is not yet announced. The tentative date of MGF IPO listing is [.].
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590. vijaykumar s goplani |   Link |Jun 11, 2008 11:29:02 PM
I have not recieved refund of emaar mgf.My app. no 43843987
589. manjit kaur |   Link |Jun 7, 2008 8:27:09 AM
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
588. VIKALPJ J GUPTA |   Link |Apr 22, 2008 4:05:39 PM
587. Bharath |   Link |Mar 13, 2008 3:38:17 PM
Hi Guys,

Could anybody knows when is the listing on BSE/NSE.
586. Murali |   Link |Mar 10, 2008 8:52:58 PM
I applied through kotak securities , which are not refunded yet now
DP IN300214-13111385
585. Ashish |   Link |Mar 10, 2008 1:56:55 PM
I have applied for 1 lot and still not got refund....

Application No.: 18218687
Demat ID: IN303028-51425324
584. Sfc |   Link |Mar 8, 2008 9:42:41 PM

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

chak de india

583. davinder kaur |   Link |Mar 8, 2008 11:23:15 AM
Ihave applied for Emaar IPO but yet not received my refund.My application no. 65869717 and my demat no. is IN301774 10465726.
582. venkataramani |   Link |Mar 7, 2008 10:52:24 AM
I have applied emaar for 150 shares.i am yet to receive the refund
581. Rajesh Jain |   Link |Mar 4, 2008 9:28:25 AM
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?
580. kiran lekha |   Link |Mar 3, 2008 10:03:05 AM
I have applied for40 shares and paid Rs.25200. My application
No. is 61860607.I have not the refund til today.Please help.
579. NIRAJ KUMAR TIWARY |   Link |Feb 29, 2008 1:34:31 PM
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.
578. sattibabu jami |   Link |Feb 28, 2008 10:47:22 PM
i have applied for emaar-mgf ipo on 06.02.2008 for 80(eighty)shares @630.00. Yet i did't get refund.

Please help.
577. manik |   Link |Feb 28, 2008 9:18:48 PM
today i got my refund back...........
576. shiva |   Link |Feb 28, 2008 2:55:34 PM
Thank God.
I got my refund cheque today.
575. Hrushi |   Link |Feb 28, 2008 2:09:16 PM

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

574. nirmal mehta |   Link |Feb 28, 2008 12:39:21 PM
I have not recieved refund of emmer mgf. My application no. is 13703592
573. naga |   Link |Feb 28, 2008 9:12:51 AM
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.
572. prakash baheti |   Link |Feb 27, 2008 3:36:58 PM
thank god finally i got my refund today

571. sanjay parcha |   Link |Feb 27, 2008 2:01:59 PM
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