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This is a Good News for all those who has invested in Puravankara's IPO, Puravankara Projects registered a consolidated net profit of Rs 61.89 crore for the quarter ended June 30, up by 41 per cent compared to the corresponding quarter last fiscal. The firm registered an income at Rs 157.58 crore for the quarter, an increase of 31 percent over ...

Puravankara Projects has announced its fourth quarter and FY08 results. The company's FY08 consolidated net sales were up at Rs 565.81 crore from Rs 416.85 crore. Its FY08 consolidated net profit was up at Rs 240.05 crore versus Rs 129.10 crore. Its Q4 consolidated net sales were up at Rs 546.9 crore from Rs 140.95 crore. Its Q4 ...

MUMBAI: The initial public offering of Puravankara Projects was subscribed 1.91 times according to data available on the exchanges’ websites at 8 pm on Wednesday. The IPO received bids for over 4.09 crore shares against the issue size of 2.14 crore shares. However, the issue evoked a tepid response from non-institutional and retail ...

Unstable markets have prompted Puravankara Projects, a Bangalore-based real estate company, to revise its initial public offer (IPO) price from Rs 500-525 per share to Rs 400-450 per share and extend the closing date by five days to August 8.  The company will now be raising Rs 850 crore at the lower end and Rs 956 crore at the higher end, ...

Girish Purvankara, MD of Purvankara Projects said that the money raised from the public issue will be utilized for buying more land.  They have developments happening in Bangalore, Kochi, Chennai and Coimbatore. Excerpts from CNBC-TV18's exclusive interview with Girish Purvankara:   Q: What is the ...