Omaxe

Omaxe Bankrupt

Posted by : Guest
Price when posted : BSE: Rs 51.95 ( -4.77 % ), NSE: Rs. 52.50 ( -4.02 % )

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Reports say that omaxe is unable to sell any apartment or house from the past 2 months. It is in heavy debt and has a lot of shraes pledged. This stock can go to 3 or 4 rupees and company can even go bankrupt.

Investors be cautious. ...

NSE Announcements on Omaxe

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Price when posted : [Omaxe - BSE:Rs. 59.85 NSE:Rs. 59.70 when posted]

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Omaxe Limited has informed the Exchange that: "M/s Omaxe Ltd. has purchased all the shares of following companies: 1) Name - Kavya Buildtech Pvt. Ltd.; No. of shares - 10000 shares of Rs. 10/- each. 2) Name - Ekansh Buildtech Private Limited.; No. of shares - 10000 shares of Rs. 10/- each. Accordingly, both the aforesaid companies have become the wholly owned subsidiaries of M/s Omaxe Ltd."....

BSE Announcements on Omaxe

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Price when posted : [Omaxe - BSE:Rs. 59.85 NSE:Rs. 59.70 when posted]

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Omaxe Ltd has informed BSE that the Company has purchased all the shares of following companies:

1. Kavya Buildtech Pvt Ltd
- No of shares : 10000 shares of Rs 10/- each

2. Ekansh Buildtech Pvt Ltd
- No of Shares : 10000 shares of Rs 10/- each

Accordingly, both the aforesaid companies have become the wholly owned subsidiaries of M/s Omaxe Ltd....

pls give me a direction

Posted by : abishek agrawal
Price when posted : BSE: Rs 64.50 ( 4.45 % ), NSE: Rs. 64.15 ( 3.05 % )

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dont sell in loss, if it goes further down buy more below 50 only,. ...

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pls give me a direction

Posted by : salim07

i am hodim 1600 shares of omax@83. exit or hold, pls give me a direction

NSE Announcements on Omaxe

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Price when posted : [Omaxe - BSE:Rs. 64.50 NSE:Rs. 64.15 when posted]

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Omaxe Limited has informed the Exchange that "The Company had redeemed 5 Debentures of Series K having face value of Rs.1 Crore each aggregating to Rs.5 Crores issued to Canara Robeco Mutual Fund and the balance 25 debentures are redeemable on 25th February 2009."...

BSE Announcements on Omaxe

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Price when posted : [Omaxe - BSE:Rs. 64.50 NSE:Rs. 64.15 when posted]

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Omaxe Ltd has informed BSE that the Company had redeemed 5 Debentures of Series K having face value of Rs 1 Crore each aggregating to Rs 5 Crores issued to Canara Robeco Mutual Fund and the balance 25 debentures are redeemable on February 25, 2009....

pls give me a direction

Posted by : devendra54321
Price when posted : BSE: Rs 61.75 ( 0.00 % ), NSE: Rs. 61.80 ( -0.72 % )

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exit this share it is going upto 40...

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pls give me a direction

Posted by : salim07

i am hodim 1600 shares of omax@83. exit or hold, pls give me a direction

NSE Announcements on Omaxe

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Price when posted : [Omaxe - BSE:Rs. 62.40 NSE:Rs. 62.25 when posted]

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Omaxe Limited has informed the Exchange that "M/s Golden Peak Township Private Limited, a wholly owned subsidiary of the Company has purchased all the shares of following companies. (1) Name : Silver Peak Township Pvt. Ltd.; No. of shares : 10000 shares of Rs.10/- each. (2) Name : Radiance Housing & Properties Private Limited; No. of shares : 10000 shares of Rs.10/- each. (3) Name : Ashray Infrabuild Private Limited; No. of shares : 10000 shares of Rs.10/- each. (4) Name : Aarzoo Technobuild Private Limited; No. of shares : 10000 shares of Rs.10/- each. (5) Name : Hiresh Builders Private Limited; No. of shares : 10000 shares of Rs.10/- each. (6) Name : Bhanu Infrabuild Private Limited; No. of shares : 10000 shares of Rs.10/- each. (7) Name : Abheek Builders Private Limited; No. of shares : 10000 shares of Rs.10/- each. Accordingly, all the aforesaid companies have become the wholly owned subsidiaries of M/s Golden Peak Township Private Limited. As a result the aforesaid companies have also become, indirectly, wholly owned subsidiaries of Omaxe Limited"....

BSE Announcements on Omaxe

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Price when posted : [Omaxe - BSE:Rs. 62.00 NSE:Rs. 62.15 when posted]

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Omaxe Ltd has informed BSE that M/s. Golden Peak Township Pvt. Ltd, a wholly owned subsidiary of the Company has purchased all the shares of following Companies:

1. Silver Peak Township Pvt. Ltd - 10000 shares of Rs 10/- each

2. Radiance Housing & Properties Pvt. Ltd - 10000 shares of Rs 10/- each

3. Ashray Infrabuild Pvt. Ltd - 10000 shares of Rs 10/- each

4. Aarzoo Technobuild Pvt. Ltd - 10000 shares of Rs 10/- each

5. Hiresh Builders Pvt. Ltd - 10000 shares of Rs 10/- each

6. Bhanu Infrabuild Pvt. Ltd - 10000 shares of Rs 10/- each

7. Abheek Builders Pvt. Ltd - 10000 shares of Rs 10/- each

Accordingly, all the aforesaid Companies have become the wholly owned subsidiaries of M/s. Golden Peak Township Pvt. Ltd. As a result the aforesaid Companies have also become indirectly, wholly owned subsidiaries of Omaxe Ltd....

NSE Announcements on Omaxe

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Price when posted : [Omaxe - BSE:Rs. 67.95 NSE:Rs. 67.45 when posted]

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Omaxe Limited has informed the Exchange that "The Company has sold 2550 Equity Shares of Rs.100/- each constituting 51% paid up Equity Share Capital of National Affordable Housing & Infrastructure Limited. Accordingly, the said company ceases to be a subsidiary of the Company."...

BSE Announcements on Omaxe

Posted by : MMB Messenger
Price when posted : [Omaxe - BSE:Rs. 67.95 NSE:Rs. 67.45 when posted]

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Omaxe Ltd has informed BSE that the Company has sold 2550 Equity Shares of Rs 100/- each constituting 51% paid up Equity Share Capital of National Affordable Housing & Infrastructure Ltd. Accordingly, the said Company ceases to be a subsidiary of the Company....

pls give me a direction

Posted by : salim07
Price when posted : BSE: Rs 57.85 ( -2.53 % ), NSE: Rs. 57.55 ( -3.11 % )

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i am hodim 1600 shares of omax@83. exit or hold, pls give me a direction...

NSE Announcements on Omaxe

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Price when posted : [Omaxe - BSE:Rs. 57.85 NSE:Rs. 57.55 when posted]

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Omaxe Limited has informed the Exchange vide notes to Accounts in the unaudited financial results for the quarter ended September 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on October 31, 2008) that: The company had fully utilized the IPO proceeds as on March 31, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

Sept. Q Results on 31st Oct. 08...Expectations.....

Posted by : Chander55
Price when posted : BSE: Rs 57.85 ( -2.53 % ), NSE: Rs. 57.55 ( -3.11 % )

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For Qr ending Sept 08 Sales have gone drastically low to 182.90 Cr and Net profit to 58.51 Crore.

Corresponding figures for Qr ending Sept 07 were 446.91 Crore and 116.73 Crore respectively.
Share price will remain under pressure for atleast some months....

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Sept. Q Results on 31st Oct. 08...Expectations.....

Posted by : My Multibaggers

Expected net profit for Sept. 08 quarter is Rs.117 crores (flat YOY growth).

Take the best decision.

NSE Announcements on Omaxe

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Price when posted : [Omaxe - BSE:Rs. 57.85 NSE:Rs. 57.55 when posted]

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Omaxe Limited has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 47174.87 lacs for half year ending on 30-SEP-2008 against Rs. 70280.3 lacs for the half year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 10503.88 lacs for the half year ending on 30-SEP-2008 against Rs. 17118.4 lacs for the half year ending on 30-SEP-2007....