Puranik Builders Limited IPO

Puranik Builders has raised Rs. 510 crore through an initial public offer (IPO) and there is an offer for sale (OFS) of 9,45,000 equity shares by the promoters.

Puranik Builders started their journey in Thane in 1990. They are one of the leading players in real estate providing comprehensive residential and commercial solutions. They have an immense track record of successfully developing projects in MMR and PMR. As of July 31, 2021, Puranik Builders has finished 32 projects of their own and 43 projects through the joint venture model. A few of their significant and ongoing projects are Rumah Bali, Puraniks City Reserva, Tokyo bay in MMR, Aldea Espanola and Abitante in the PMR.

The company has its in-house house studios and structural design capabilities that help them to conceptualise and design.



Opening Date

To be announced

Closing Date

To be announced

Price Band

To be announced

Issue Size

To be announced

Face Value

To be announced

Market Lot

To be announced

Listing at NSE, BSE

IPO Open Date To be announced
IPO Close Date To be announced
Allotment Date To be announced
Initiation Of Refunds To be announced
Credit Of Shares To
Demat Account
To be announced
IPO Listing Date To be announced
UPI Mandate Expiry Date To be announced

IPO Financials

Particulars As on/ For Fiscal 2021 As on/ For Fiscal 2020 As on/ For Fiscal 2019
Basic Earnings/ (loss) per Equity Share (₹) 6.08 7.72 10.7
Diluted Earnings/ (loss) per Equity Share (₹) 6.08 7.72 10.70
Return on Net Worth (%) 10.41 14.69 23.83
Net Asset Value Per Equity Share (₹) 58.41 52.54 44.90
EBITDA (Rs. in million) 1,642.67 1,922.87 2,092.59

How to apply in IPO via UPI on Dynami

A simple and smartest way to apply in IPO online via Religare Dynami Mobile App

Why should you invest in the Puranik Builders Limited IPO?

Below are your top reasons:

  • With the rapid growth of population and city boundaries, the real estate market is one of the profitable sectors right now.
  • In order to boost the real estate market, the Budget 2022 provides multi-fold announcements that are likely to impact real estate.
  • Due to huge rise in population, there is a huge base for India’s real estate sector

Know before investing

Strengths

Puranik Builders have diversified and differentiated products



With the rise in the middle class, the brand focuses on the mid income affordable housing segment



Puranik Builders have a strong pipeline of projects that will help in the business growth

Risks

The company has got under joint development with third parties which can lead to several risks



Due to increase in land price and scarcity of properties, the business may get affected



Among the ongoing projects, there are lots of unsolved properties which can affect the finance and the cash flow of the business

How to apply for Puranik Builders Limited IPO ?

Retail investors need to apply for the IPO using UPI

UPI

  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe for Puranik Builders Limited IPO and approve the payment on your UPI ID.

Demat Account

  • If you are an existing Dynami user, Pre-Apply Now!
  • If you’re a new investor, open an Dynami Demat account for free and begin your investment journey.

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