Manas Properties Ltd is an India-based real estate company. The company is primarily into the business of acquiring properties and leasing / letting it out to their corporate/industrial clients thereby earning lease rentals/license fees as consideration, as well as earning price appreciation (as the case may be). The Company is engaged in the business of developing and renting of immovable properties and providing real estate marketing and consultancy services wherein they support sales/ lease targets of builders/ developers in return for a commission on a fixed/ percentage basis.
Currently, the company owns a property admeasuring approximately 3,078 square meters of the built-up area located at Mumbai, which has been leased out to Junobo Hotels Private Limited, for operating Soho House, a private luxury club. The Company provides real estate marketing services to Dev Land and Housing Private Limited and other real estate developers in Mumbai.
Manas Properties Limited IPO Stock Quote & Charts
- Open: 360.50
- High - Low: 377.50 - 360.50
- Previous Close: 377.00
- Total Traded Volume: 600
- Updated On: 28-Feb-2019
Objects of the Manas Properties Limited IPO:
1. Repayment of Loans to make the company debt free
2. Acquisition of property for expansion of own/lease portfolio
3. General Corporate Purposes
4. Offer related expenses.
Manas Properties Limited IPO Details:
||Mar 17 2017
||Mar 22 2017
|| ₹ 10 Per Equity Share
||Fixed Price Issue IPO
|| ₹ 360 Per Equity Share
||Mar 30 2017
Discussion on Manas Properties Limited IPO: