Today was supposed to be the last day for Puravankara if at least it would have subscribed fully that dint happen , so they just dint extend the date but also reduced the price of the issue .See the below news they release to the Stock Markets.
Revision in Puravankara Projects Ltd. Book Building Issue:-
Book Running Lead Manager to the issue has informed the Exchange that the issue will close on August 8, 2007 instead of the earlier closing day of August 3, 2007. Further price band has revised from Rs.500/- to 525/- per share to Rs.400/- to Rs.450/- per share.
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Aug 5, 2007
Puravankara Projects IPO issue price reduced
