Manas Properties Limited IPO

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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

377.00

+4.72%

Check History
  • Open: 361.00
  • High - Low: 377.00 - 361.00
  • Previous Close: 360.00
  • Total Traded Volume: 600
  • Updated On: 10-Dec-2018

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.
DRHP of Manas Properties Limited IPO

Manas Properties Limited IPO Details:

Open Date: Mar 17 2017
Close Date: Mar 22 2017
Total Shares: 1,110,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Issue Size: 39.96 Cr.
Lot Size: 300 Shares
Issue Price: ₹ 360 Per Equity Share
Listing At: BSE SME
Listing Date: Mar 30 2017

Promoters And Management:

1. Mr. Vijay Thakkar 2. Dev Land & Housing Private Limited

Financials of Manas Properties Limited IPO:

Summary of financial Information
Particulars For the year/period ended (in Rs. Million)
30-Nov-16 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 3,557.45 7,834.92 8,147.41 9,524.96 10,677.89 10,218.18
Total Revenue 198.28 772.85 711.06 827.97 1,102.72 138.01
Profit After Tax (PAT) 124.61 534.04 (160.87) (280.40) (23.70) (85.32)

Lead Manager of Manas Properties Limited IPO:

  1. Aryaman Financial Services Limited

Registrar of Manas Properties Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Manas Properties Limited 10th floor, Dev Plaza, Opp. Andheri Fire Station, S.V. Road, Andheri (West), Mumbai Phone: +91 22 4038 3838 Fax: +91 22 2624 3218 Email: info@manasproperties.co.in Website: www.manasproperties.co.in

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