Sobha Developers Ltd IPO (Sobha IPO) Detail

Nov 23, 2006 - Nov 29, 2006

Incorporated in Bangalore in 1995, Sobha Developers Ltd. is a real estate development and construction company that focuses on residential and contractual projects. The Company has constructed residential projects in Bangalore, in the State of Karnataka and constructed other projects on a contractual basis in eight states of India: Karnataka, Kerala, Andhra Pradesh, Orissa, Tamil Nadu, Punjab, Haryana and Maharashtra.

As of June 30, 2006, its land reserves included 2,592.83 acres and its land arrangements included 3,456.19 acres of land. The Company's residential projects include presidential apartments, villas, row houses, super luxury apartments and luxury apartments along with amenities, such as clubhouse, swimming pool and shopping complex. As of June 30, 2006, it had developed and constructed 19 residential projects in Bangalore.

Objects of the Issue

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Financing land acquisition;
2. Financing construction and development of existing and proposed projects;
3. Repayment of certain loans;
4. Fund expenditures for general corporate purposes;
5. Achieve benefits of listing.

Sobha IPO Details

Sobha IPO Date Nov 23, 2006 to Nov 29, 2006
Sobha IPO Face Value ₹10 per share
Sobha IPO Price ₹550 to ₹640 per share
Sobha IPO Lot Size
Issue Size8,893,332 shares of ₹10
(aggregating up to ₹569.17 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Sobha IPO Prospectus

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Sobha IPO Listing Date

Listing Date Wednesday, December 20, 2006
BSE Script Code 532784
Listing In
ISIN INE671H01015
IPO Price ₹640 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Sobha Developers Ltd
Sobha Developers Ltd,
E 106, Sunrise Chambers, 22,
Ulsoor Road, Bangalore 560042, India
Phone: +91 80 2559 7260

Sobha IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Sobha IPO Review

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Sobha IPO FAQs

Sobha IPO is a main-board IPO of 8,893,332 equity shares of the face value of ₹10 aggregating up to ₹569.17 Crores. The issue is priced at ₹550 to ₹640 per share. The minimum order quantity is .

The IPO opens on Nov 23, 2006, and closes on Nov 29, 2006.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Sobha IPO opens on Nov 23, 2006 and closes on Nov 29, 2006.

Sobha IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Sobha 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 Sobha IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sobha IPO allotment status.

The Sobha IPO listing date is on Wednesday, December 20, 2006.
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Sobha IPO Message Board

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112. SAM |   Link |Jul 16, 2007 11:41:14 PM
can u tell grey mkt premium for Omnitech IPO?
111. tredinertok |   Link |Jul 10, 2007 2:31:36 PM

Very interesting information! Thanks!


110. bandana rai |   Link |Jan 6, 2007 7:05:59 AM

I had applied for sobha devlopers but till date i have not received refund amount even after sending one fax on dated 28/12/06 and sending mail on 1/1/07 no reply comes now. kindly what can i do to resole this problem
109. k.r.bhattar |   Link |Dec 31, 2006 8:20:42 PM
Dear Sir,
I had applied sobha developers i.p.o with bid-cum-appliction form number : 31529841 /e.c.s int no: 830187 i. as on date my refund amount has not been credited to my bank account mentioned above.Please very records and arrange for refund amount credited to my above e.c.s account 830187
Thanking u
u rs faithfully,

108. Bandana rai |   Link |Dec 29, 2006 7:42:22 AM
I had applied in the IPO. the details are as under.
Name of applicant-Bandana rai.
Application No-25368058.
Demat details- IN 301549, (A/C no-18070796).
No of share applied-50 (fifty).
Date of bid-29/11/06.
Name of syndicate- Morgan stanley A'bad.
I have neither received share not received the refund order till 28/12/06. kindly send the payment immediately.
107. shali |   Link |Dec 21, 2006 6:39:08 AM
Hey Prema

I applied for sobha developers issue and havent recieved the refund yet.i was surprised to see that all the phone lines were jammed since morning and if at all ring goes no body bothers to pick up the phone.I mailed intime spectrum ppl but no reply as yet.I am facing the same problems which you wrote.Kindly tell me what should i do to resolve the issue.My 90000rs are stuck.HELP
106. chitta |   Link |Dec 20, 2006 8:30:15 AM
grey market premium now Rs525-
105. Ram |   Link |Dec 20, 2006 6:12:07 AM
Recvd the refund directly to my ICICI bank account. I have had no problems till now with Intime regarding refund.....hope it continues to be the same in future... i hope SEBI sets some guidelines for all registrars to refund within a particular time (say 1 week)... 1 month is a long time in IPO world..........
104. lingaraj |   Link |Dec 20, 2006 12:26:01 AM
i got refund today by dd
103. KASHINATH |   Link |Dec 19, 2006 10:21:52 PM
Hi All, I got refund through ECS(ICICI) yesterday.
102. prema |   Link |Dec 19, 2006 9:26:14 AM

Sobha developers refund amount not yet received. Intime Spectrum Registry is very bad, that is not atall good registrar. So, please refer complaints to SEBI all aggrived persons. Every IPO like that. And also Still we have to receive 3 lanco and one Parsvnath applications refundable amount around Rs.2 lakhs. Nobody is taking action against the above said registry why. Everybody is facing the problems with the above registrar. No phone is working and always engage, no mails are receiving and not atall replied to any mail. PLEASE TAKE ACTION, PLEASE TAKE ACTION, PLEASE TAKE ACTION.
101. manish |   Link |Dec 18, 2006 9:00:26 PM
Hello everone.has anybodu got refund frm them.will it come via ECS like parsvnath or by DD ?
100. biren parikh |   Link |Dec 16, 2006 8:06:20 AM
Anyone can tell min & max greymarket premium for SHOBHA?
Anyfm abad can contact me about tanla grey premium??
99. suresh |   Link |Dec 16, 2006 2:03:16 AM
Hi All
any body received the remaining amount after the allotment?
98. sandip thakker |   Link |Dec 15, 2006 8:13:20 AM
where does sobhas refund it comes in direct to my aacount like prsvnath or is its comes by DD ?
97. Hemant Shah |   Link |Dec 15, 2006 2:24:22 AM
Sobha is trading at Rs (1150-1200) 500 gray market in Ahmedabad.

Expect fire crackers on Listing day if market bounce back continues.

HNI ready to pay 1300 to increase exposure.

Happy Trading.
96. vIKRAM |   Link |Dec 15, 2006 1:23:11 AM

can anyone advice, when will the shares get credited in our
demat account ?
95. abhijeet |   Link |Dec 14, 2006 11:34:51 PM
NITINBHAI,i applied for 70 shares and got 10.its good i got lets hope it gives good returns.all the best to all of you.bye.
94. nitin |   Link |Dec 14, 2006 8:18:07 PM
the grey market premum is 500 rs.. that is for sure in aahmedabad that is the premium.
any body else has clue about tanla ipo. what rughly is the premium.
does anyone know what is it quoting at hyderabad stock exchange

93. tapan bhagat |   Link |Dec 14, 2006 10:28:18 AM
hey pls the exact date of listing.... and can we use the shobha money in cairn... pls answer