Kotle-Patil Development may get bigger real estate benefits after May 2008
Originally incorporated as a private limited company in the name of Kolte-Patil Developers Private Limited on November 25, 1991 in Jalgaon
The Kolte – Patil Group is the name behind some of the city’s most striking and dazzling new monuments. They are reputed and established construction groups in Pune.
Kolte Patil Developers Limited is a leading Indian Real Estate Developer. Kolte Patil Developers Limited has successfully executed many large real estate projects in India and has many projects being executed currently. Kolte Patil Developers Limited has received project level funding from two leading Real Estate Private Equity funds namely Yatra Capital and ICICI Ventures for its residential and Township projects.
An ISO 9001 certified small Pune based Real Estate Development Company; Kolte-Patil Developers Ltd. is coming up with a 100% Book Building issue of 18,812,709 Equity Shares of Rs. 10/- each. The details are given below:
|IPO Opens||Monday, November 19, 2007|
|IPO Closes||Thursday, November 22, 2007|
|Price Band||Rs.125/- to Rs.145/- per share of face value Rs. 10 each|
|Registrar||Intime Spectrum Registry Ltd|
Sun, Mercury and Mars are in conjunction in Ascendant. Rahu is posited in second house whereas Saturn is in third house. Venus is deposited in its debilitated sign in eleventh house. Transiting Jupiter is passing through first house and aspecting fifth house. Fifth house denotes Speculation, Public Issue and Work Force Organization. After November 22, 2007, Jupiter will be passing from its second house. By this time, company may collect its expected fund from market. Ganesha feels that Transiting Saturn and Ketu may bring troubles because of their transits from tenth house. Saturn aspects seventh house which indicates its clients, partners as well as public interest. Natal Saturn and Mars both are strong enough to push up production or construction. After May 2008, company shall get bigger benefits regarding Real Estate, feels Ganesha.
Ganesha wishes all the best to Kotle- Patil Group for its Real Estate endeavors.