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Now IVR Prime is trading at nearly its book Value.
Posted by :
GuestMost real estate stocks are trading at a heavy discount to their book value. Only IVR Prime is trading at nearly its book value. One may consider swithing to peers like Unitech, Parsvnath or HDIL....
BSE Announcements on IVR Prime
Posted by : MMB MessengerIVR Prime Urban Developers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 09, 2009, after considering recommendations of its Committee of Directors, the Valuation Report including the share swap ratio dated November 09, 2009 prepared by M/s. SSPA & Co., Chartered Accountants, Mumbai and the Fairness Opinion dated November 09, 2009 submitted by Enam Securities Pvt. Ltd. and after considering other commercial matters, unanimously approved the Amalgamation of IVR Strategic Resources & Services Ltd. ("SRSL") and IVRCL Water Infrastructures Ltd. ("WIL") with IVR Prime Urban Developers Ltd. ("IVR Prime")....
BSE Announcements on IVR Prime
Posted by : pandumanube far away from such company, see the qtly result, that is very bad. i think such stock should be at the price below 80 level....
BSE Announcements on IVR Prime
Posted by : MMB MessengerIVR Prime Urban Developers Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 09, 2009, inter alia, to consider, take on record and approve the recommendation of the Committee of Directors, the Valuation report, share swap ration, fairness opinion and the scheme of amalgamation of IVR Strategic Resources and Services Ltd. (SRSL) and IVRCL Water Infrastructures Ltd (WIL) with IVR Prime Urban Developers Ltd....
BSE Announcements on IVR Prime
Posted by : MMB Messenger
IVR Prime Urban Developers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 30, 2009, inter alia, have accorded in-principle consent to pursue, subject to acceptance of a fair share swap ratio and other commercial matters relating thereto by the Board; receipt of approvals from requisite statutory and regulatory authorities, the shareholders of the Company, the High Courts of Judicature Andhra Pradesh, the proposal for amalgamation of IVR Strategic Resources & Services Ltd. and IVRCL Water Infrastructures Ltd. with the Company.
The Board intends to meet again to consider the terms of the proposed amalgamation including the share swap ratio after receipt of the valuation report, the fairness opinion and the draft Scheme of Amalgamation and any other matter as required. Necessary approvals have been accorded, appointing independent valuers to determine the Share Swap ratio, Merchant Bankers for the purpose of giving fairness opinion, legal advisors etc.
This is continuation to the intimation given along with unaudited financial results and press note given by IVRCL Infrastructures & Projects Ltd....
BSE Announcements on IVR Prime
Posted by : MMB MessengerIVR Prime Urban Developers Ltd has informed BSE about the Financial Results for the Quarter ended September 30, 2009....
reason for upwards movement
Posted by : GuestRs.150 is a fantastic price to exit and switch to Unitech or Parsvnath which offers better value for money....
buy at current price......
Posted by :
Aashee
IVRCL the parent has announced it will transfer its BOT projects to IVR Prime. The downward circuits are an opportunity to BUy...
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reason for upwards movement
Posted by : face-offHi, The stock has almost doubled in recent time. Moved from 72 to 149 very quickly. What is the reason for this? I don`t see any positive news from the company. The quarterly results are pathetic and no hopes of revival....
ivr prime target rs 550 in jan 2010
Posted by :
Kiran5846A lot of people have invested at that amount. I am sure that it will never reach that amount even in the next 2-3 years....
ivr prime target rs 550 in jan 2010
Posted by : tulsi108because kotak has invested at rs 550...
BUY IVR PRIME Target 250+
Posted by : Dheeraj SinghI don`t think stock is fundamentally sound. Company don`t have any fixed business model as of now. stock surged on the Hiving off news by the ivrcl infra...
BUY IVR PRIME Target 250+
Posted by : GuestIVR PRIME IS CHEAP it has 3000 acres of land and IVRCL the parent has announced it will transfer its BOT projects to IVR Prime. The downward circuits are an opportunity to BUy...
NSE Announcements on IVR Prime
Posted by : MMB MessengerIvr Prime Urban Developers Limited has submitted to the Exchange a copy of the minutes of Annual General Meeting of the members of the company held on September 08, 2009. A copy 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). ...
