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Kolte Patil Developers shines on plan to develop residential project in Pune

18 Nov 2014 Evaluate
Kolte Patil Developers is currently trading at Rs. 214.95, up by 8.55 points or 4.14% from its previous closing of Rs. 206.40 on the BSE.

The scrip opened at Rs. 207.90 and has touched a high and low of Rs. 220.95 and Rs. 203.70 respectively. So far 119891 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 220.95 on 18-Nov-2014 and a 52 week low of Rs. 70.90 on 17-Feb-2014.

Last one week high and low of the scrip stood at Rs. 220.95 and Rs. 197.25 respectively. The current market cap of the company is Rs. 1578.39 crore.

The promoters holding in the company stood at 74.54% while Institutions and Non-Institutions held 7.27% and 18.20% respectively.

Kolte Patil Developers, a leading Pune based real estate developer, has been appointed as a development manager by 'Now Realty' to collaborate and develop its residential project named 'Sereno' situated at Baner in Pune. The project will offer 0.6 million square feet of saleable development area. All the requisite approvals are already in place and construction has already commenced on part of the project.

As the development manager, Kolte Patil will lend its brand ‘24K’ to the project and jointly collaborate with Now Realty to oversee all aspects of the project lifecycle including project conceptualization and execution, product design, sales, marketing, project infrastructure and residential development and handover. In return, the company will receive a development management fee; all costs would be borne by the project.

Kolte Patil Developers is a leading Pune-based real estate company incorporated in 1991. The company has developed and constructed 48 projects including 35 residential complexes, 9 commercial complexes, and 4 information technology parks covering a saleable area (KPDL share) of over 10 million square feet across Pune and Bengaluru.

Kolte-Patil Develop. Share Price

366.90 20.75 (5.99%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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