The Sobha Limited date has been confirmed from June 28, 2024 – July 4, 2024.
Sobha Limited, founded in 1995 in Bangalore, is a real estate development and construction company that specializes in residential and contract projects. The company has built residential projects in Bangalore, Karnataka, and has undertaken contract projects in eight states across India, including Karnataka, Kerala, Andhra Pradesh, Orissa, Tamil Nadu, Punjab, Haryana, and Maharashtra.
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Key Details Of Sobha Limited
Bidding Dates
June 28 – July 4
Issue Size
₹2,000.00 Crores
Face Value
₹10 per share
Record Date
June 19, 2024
Sobha Limited Record Date
The Sobha Limited Record Date is June 19, 2024.
IPO Overview
The Sobha Rights Issues 2024 opens on June 28, 2024, and closes on July 4, 2024. Sobha Rights Issues 2024 price is set at ₹1651 per share per equity share. The record date for the Sobha Rights Issues 2024 is June 19, 2024.
Sobha Limited Rights Issue Detail
| Issue Open | June 28, 2024 – July 4, 2024 |
| Security Name | Sobha Limited |
| Issue Size (Shares) | 12,107,981 |
| Issue Size (Amount) | ₹2,000.00 Crores |
| Issue Price | ₹1651 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
| Terms of Payment | Rs. 825 on application. Rs. 825 in not more than two subsequent Calls, with terms and conditions such as the number of Calls and the timing and quantum of each Call as may be decided by our Board/ Rights Issue Committee from time to time, to be completed on or prior to December 31, 2025. |
| Entitlement | 6 Rights Equity Share(s) for every 47 fully paid-up Equity Shares held on Record Date |
Sobha Limited Rights Issue 2024 Issue Timetable
| Last Date to buy shares | June 18, 2024 |
| Record Date | June 19, 2024 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | June 28, 2024 |
| Renunciation of Rights Entitlements | |
| Bid/Offer Closes On | July 4, 2024 |
| Deemed Date of Allotment | |
| Credit Date | |
| Listing Date |
Sobha Limited Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 13,696.49 | 12,588.24 | 1,151.82 |
| Revenue | 3,217.88 | 3,402.43 | 264.53 |
| Profit After Tax | 49.11 | 104.21 | 17.32 |
| Amount in ₹ Crore | |||
Company Profile
Sobha Limited, founded in 1995 in Bangalore, is a real estate development and construction company that specializes in residential and contract projects. The company has built residential projects in Bangalore, Karnataka, and has undertaken contract projects in eight states across India, including Karnataka, Kerala, Andhra Pradesh, Orissa, Tamil Nadu, Punjab, Haryana, and Maharashtra.
Our reputation as the most dependable and honest builder is evident from our numerous award-winning properties through-
out India. We have transformed the cityscape of Bangalore, established iconic developments in Kerala, and expanded into Delhi (NCR), Chennai, Coimbatore, Mysore, Pune, and many other locations.
Registrar Info
| Name | Coming Soon |
| Phone number | Coming Soon |
| Email ID | Coming Soon |
| Website | Coming Soon |
Contact Details
| Name | Sobha Limited |
| Phone number | +91 80-49320000 |
| Email ID | Coming Soon |
| Website | sobha.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Sobha Limited IPO FAQs
What is the issue price for Sobha Rights Issues 2024?
Sobha Rights Issues 2024 price is set at ₹1651 per share per equity share.
What is the record date for Sobha Rights Issues 2024?
The record date for the Sobha Rights Issues 2024 is June 19, 2024.
What is the issue size of Sobha Rights Issues 2024?
The issue size of Sobha Rights Issues 2024 is of 12,107,981 equity shares at ₹1651 per share aggregating upto ₹2,000.00 Crores.
