Purvankara Projects Limited IPO opens on 31st

July 28, 2007

The Purvankara Projects Limited IPO opens for subscription on the 31st of July and closes for subscription on the 3rd of August. The price band of Purvankara Projects Limited IPO is Rs. 500 to Rs. 525 per share. The fate of Purvankara Projects Limited IPO will largely depend on how the markets perform in the coming week. If the market continues to crash then the Purvankara Projects Limited IPO will find it tough to get oversubscribed. The fact that the issue size of Purvankara Projects Limited IPO is over Rs. 1000 crores only makes matters even worse. With the real estate sector taking a hit it would be a challenge for the Purvankara Projects Limited IPO to get fully subscribed.

Posted in IPO, IPO Subscription Details, Listing Date, Allotment Status