Incorprated in 1990, Puranik Builders Limited is a leading real estate company providing residential and commercial solutions across various categories. The company is among the prominent residential real estate developers in Mumbai Metropolitan Region (“MMR”) and Pune Metropolitan Region (“PMR”) based on several units currently being marketed in these regions.
As of July 31, 2021, The company had completed 35 projects in the MMR and PMR. As of July 31, 2021, Puranik Builders had developed 554,197 square meters (5,965,381 square feet) of Developable Area across 35 Completed Projects. In addition, as of July 31, 2021, The company had 17 Forthcoming Projects with an aggregate estimated Developable Area of 1,263,526 square meters (13,600,595 square feet).
Puranik Builders completed and ongoing theme-based projects include Rumah Bali, Puraniks City Reserva and Tokyo Bay in the MMR, and Aldea Espanola and Abitante in the PMR.
As of July 31, 2021, the company carried out 32 projects on their own and 43 projects through a joint development/ joint venture model.
In the four months ended July 31, 2021, and in Fiscal 2021, 2020 and 2019, the total income was Rs 1,911.30 million, Rs 5,135.60 million, Rs 7,302.40 million, and Rs 7,212.30 million, respectively.
Puranik Builders IPO Date & Price Band :
| IPO Open: | -, 2022 |
| IPO Close: | -, 2022 |
| IPO Size: | ₹510 Crores |
| Price Band: | ₹- per share |
| Listing on: | BSE & NSE |
| Retail Portion: | Not less than 35% of the Offer |
| Equity: | 945,000 shares |
| Face Value: | ₹10 per share |
Puranik Builders IPO Market Lot:
- Shares: Minimum –