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Purvankara Projects IPO Subscription extended

Date August 3, 2007

Purvankara Projects IPO which was scheduled to close for subscription today has been extended for subscription due to poor response from investors for the IPO. The Purvankara Projects IPO will now close for subscription only on the 8th of August. The price band has also been decreased to Rs. 400 - Rs. 450 from the earlier price band of Rs. Rs. 500 to Rs. 525. Till date the Purvankara Projects IPO has been subscribed by only 0.33 times.

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