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Omaxe’s promoters propose 2.1 crore shares via OFS

03 Jun 2013 Evaluate

On the final day of SEBI’s deadline for listed private sector entities to achieve minimum 25% public shareholding, promoters of Omaxe have proposed to sell 2.1 crore shares via Offer for Sale (OFS) and have fixed the floor price of Rs 140 per shares, which is at a discount of 6.89% to the closing price of Rs 150.35 of company’s stock as on May 31, 2013 on the BSE.

According to SEBI norms, all private sector listed companies need to have at least 25% public shareholding and promoters have been asked to lower their stake to 75 percent or below by June, 2013.

Omaxe is one of the leading real estate developers in India focused on developing world-class residential and commercial properties all over the country.

Omaxe Share Price

89.33 1.91 (2.18%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 965.60
Dilip Buildcon 478.50
DLF 608.40
Oberoi Realty 1703.85
Ahluwalia Contract(I 847.50
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