Live price

[MRQ from www.2010valuepick.blogspot.com] [MRQ www.2010valuepick.blogspot.com] [MRQ www.2010valuepick.blogspot.com] [MRQ www.2010valuepick.blogspot.com] A [Most Recent Quotes from www.kitco.com] B [Most Recent Quotes from www.kitco.com] C [Most Recent Quotes from www.kitco.com] D [Most Recent Quotes from www.kitco.com] INR=USD [MRQ from www.2010valuepick.blogspot.com] For your Insurance Needs Contact

Total Pageviews

"Wealth creation through systematic investment"

We all are investing to make more than what we have invested so that we can have more purchasing power in future.

Shared here are some of the ideas on how to create wealth out of your savings through systematic and organised investing in all spheres of investment portfolio. Effort here is to identify those areas where investment could fetch greater returns in long term perspective

We believe there should be mix of insurance policies, equities, bonds/ debt instruments, mutual funds, precious metals, real estate properties, loans in your portfolio to make your investment wealthy.

Investing in stock market, debt instruments, mutual funds, real estate without proper evaluation are prone the risk of 'loss of capital' due to general financial risk of market, promotors & operators not acting in bonafide interest of small investors etc

The issues posted here are only a fig of a tree and investor who are investing their hard earned money are advised to independently analyse the issues or consult an investment advisor before making any decision.

"CAUTIONARY NOTE" - this blog is not responsible for any loss, whatsoever . please do consult an investment advisor if your not able to evaluate the investment / economic / risk scenario independently

feel free to contact us at
sherkochiraj@indiatimes.com or at rmanjuesh@gmail.com

Wednesday, September 29, 2010

2010VP20 Ansal Properties & Infrastructure Ltd

Ansal Properties & Infrastructure Ltd

BSE: 500013
NSE: ANSALAPI
Market Cap: Rs. 1,143 Cr.
Face Value: Rs. 5
CMP 87
Book value 93
Forward PE 7.9
Forward EPS 11

Ansal Properties & Infrastructure Limited will be launching four new realty projects in Punjab soon. Of the four projects, one will be a 150 acre (approx.) integrated township project in Mohali, two Group Housing projects - 18-aere Group Housing project in Mohaii and the second an 18-acre Group Housing project in Amritsar, and a Commercial-cum-Retail project in Ludhiana. 20 Sep 2010


Ansal API also announced completion of a collaboration project with the Punjab Police Personnel Cooperative House Building Society (PPPCHBS), under which the company has allotted plots of various sizes to 259 members of the Society.

Ansal API already has several projects in Punjab, spreading over 1000 acres across various parts of the state. This include about 260 acre Golf Links integrated township in Mohali, Orchard County a 12-acre Group Housing project in Mohali, Sushant City, a 250 acre integrated township project in Bathinda, City Centre, commercial-cum retail project in Mohali, Hampton Court, a 42 acre industrial park in Ludhiana and Aerodrome, a commercial-cum-retail project in Amritsar.
 -----------------------

Realty firm Ansal Properties and Infrastructure is planning to invest about Rs. 4500 crore to develop the second phase of its 2,500 acre hi-tech city adjoining Greater Noida, according to a report.
Based on the D/E financing of project the Equity portion may vary from 1200-1500 crore and balance through debt financing.


The report stated that the company would soon launch the second phase of its integrated township 'Megapolis' at Dadri covering 650 acre of area where it would offer 1,900 plots and build nine million sq ft each of housing and commercial space. The company expects to realise nearly Rs. 7500 crore  the next three-four years,
-------------------------------------

The Board of Directors of Ansal Properties and Infrastructure Ltd has reported results for the first quarter ended 30th June, 2010
The company's net profit for the quarter ended June 30, 2010 stood at Rs38.79 crore on a consolidated basis as against Rs10.21 crore of the corresponding quarter of 2009, registering a astonishing growth of 280%.
The total income in first quarter of 2010-11 was Rs274crore on a consolidated basis, compared to Rs144 croreof Q1, 2009-10 an increase of 90%.

The company attributed the reason to completion of various project during and more due for completion in coming quarters of 2010-11

--------------------------

Preferential allotment to promotors and QIB placement at Rs 100 level possible

Ananth Rathi Securities owns a major stake in Ansal properties
Posted by at
Labels:

1 comment:

  1. 9447822619October 8, 2010 at 9:02 PM

    Ansal Properties & Infrastructure Ltd has informed BSE that in respect of issue of equity shares of face value
    Rs. 5/- each of the Company to QIBs under Qualified Institutions Placement in terms of Chapter VIII of the SEBI Regulations, the QIP Committee of the Board of Directors of the Company has, decided to close the issue on
    October 08, 2010 with immediate effect.

    Based on the bids received, the Company will be issuing 257.26 lakh Equity Shares of Rs. 5/- each at a price of Rs. 89.95 per Equity Share (including a premium of Rs. 84.95 per Equity Share) aggregating to approx. Rs. 231.41 crore

    The share captial shall stand increased to 15.71 crore shares from 13.14 crore shares a dilution of 19.6 percent

    ReplyDelete

Please do post your comments for improving the blog

Subscribe to: Post Comments (Atom)

Some useful links

National Stock Exchange Bombay Stock Exchange United Stock Exchange For estimated price targets and achivements CLICK HERE Users of this blog may kindly CLICK HERE to post their view by logging in with their gmail / yahoo/ open ID . Chech out the recent price / volume date of stock featured in this blog by clicking the links below . Do compare the live gold prices before considering a position in GOLD ETF.