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Information
About Brigade Enterprises Ltd. IPO Offer in 2007 |
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Brigade Enterprises Ltd.
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Pent House,
, Brigade Towers, , 135, Brigade Road , Bangalore
, Karnataka - 560025
Phone: 41379200 Fax: 22210784 |
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Public Issue of 16624720 Equity Shares of Rs 10 each for
Cash at a Premium of Rs 380 per share. |
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Issue Open Date |
Issue Closing Date |
Application Money |
Allotment Money |
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10/12/2007 |
13/12/2007 |
390 |
- |
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Lead Managers |
Registrar |
Listed at |
ENAM
SECURITIES PVT LTD
ICICI SECURITIES LTD
J P MORGAN INDIA PVT LTD
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KARVY
COMPUTERSHARE PVT LTD
KARVY HOUSE , 46, AVENUE 4 , STREET NO 1 , Hyderabad
, Andhra Pradesh - 500034
Phone: 23420818 Fax: 23420814 |
BSE, NSE
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| Object of
the issue |
| OBJECTS OF
THE ISSUE The objects of the Issue are raising funds for
(a) acquisition of land; (b) construction and
development costs in relation to our Ongoing Projects
and Forthcoming Projects;(c) general corporate purposes;
and to achieve the benefits of listing.
The activities
proposed to be undertaken by the Company out of the Net
Proceeds raised in this Issue fall within the main
objects listed in our Memorandum of Association.
We intend to
utilize the proceeds of the Issue, after deducting
underwriting and management fees, selling commissions
and other expenses associated with the Issue (Net
Proceeds), which is estimated at . for financing the
growth of our business.
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| Promoted
by |
| Mr. M. R.
Jaishankar holds a Bachelor of Science degree in
agriculture from the University of Agricultural
Sciences, Hebbal, Bangalore and a Master of Business
Administration from Manasa Gangotri,Mysore. He has 21
years of experience in real estate industry. Mr.
Jaishankar has previously worked as a Sales Officer from
1977 to 1978 for UB-MEC Limited, and has 25 years of
business experience. Prior to promoting our Company, he
promoted MLR Industries in Peenya, Bangalore from 1979
to 1980, which was engaged in the manufacture of roasted
chicory (an ingredient in coffee). After running MLR
Industries for five years, he diversified into real
estate development and promoted Brigade Investments, a
partnership firm in the year 1986 which constructed
among other Brigade Towers, Brigade Gardens, Brigade
Manor, Brigade Parkview and Brigade Regency. Mr.
Jaishankar is a former President of the Rotary Club of
Bangalore Midtown and the Karnataka Ownership Apartments
Promoters Association (KOAPA), Director of Public
Affairs Centre, a non-government organisation, Lifetime
Trustee of Brigade Foundation, which started The Brigade
School in J. P. Nagar, Bangalore. He is also a member of
the Bangalore Club, Karnataka Golf Association and
Bangalore Golf Club. He has been the Director of our
Company sinceNovember 8, 1995. He has also been awarded
by Economic Times ACETECH 2007 for being an outstanding
professional in the field of construction and
architecture.
Passport
number: Z1559712 He does not have a voter`s ID Driving
license number 300/89 PAN : ACGPJ5805Q
holds a
Bachelor of Arts degree, Bachelors in Library Science
and a Masters in Business Administratoin, all from
Mysore University. She has 30 years of experience in the
fields of advertising, stock broking, insurance,
education and real estate. Her prior experience involves
working with the United States Information Service as an
accounts executive, and in Marketing Consultants &
Agencies Limited, an advertising agency. She was a
member of Bangalore Stock Exchange and her membership
was transferred to Tetrarch Equity Research and Analysis
Private Limited on November 29, 1997 an entity in which
Mrs. Githa Shankar currently holds 99.50% of the
shareholding. She is also the Managing Trustee of
Brigade Foundation which started and runs The Brigade
School located in Brigade Millenium J. P. Nagar,
Bangalore. She has been a Director of our Company since
November 8, 1995.
Passport
number Z1557945 Voter`s ID: KT/12/085/237265 She does
not have a driving license. PAN : ABHPS4219H
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