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Puranik Builders Company Details
Puranik Builders is among the prominent residential real estate developers in Mumbai Metropolitan Region (“MMR”) and Pune Metropolitan Region (“PMR”) based on number of units currently being marketed in these regions. It is also among the leading residential real estate developers in the growing Thane region of MMR based on the projects currently being marketed and corresponding units sold (Source: C&W Report). It has a longstanding presence of over 29 years in the real estate market in India, developing residential projects in the mid-income affordable housing segment in the MMR and the PMR real estate markets. Its projects primarily cater to certain research-based strategic price ranges within the mid-income affordable housing market segment. As of September 30, 2019, it had
completed 32 projects in the MMR and PMR.

It commenced operations in Thane in 1990 and have over the years diversified into other micro-markets within the MMR and the PMR. It believes it has consistently catered to evolving customer preferences, including theme-based projects, thereby successfully navigating fluctuating market conditions, leveraging its considerable experience operating in MMR and PMR markets under the guidance of our technically qualified Promoters supported by a team of experienced professionals.It has established a track record of successfully executing projects in the MMR and the PMR, particularly in the mid-income affordable housing segment, through theme-based developments and additional amenities. As of September 30, 2019, it had developed 510,332 square meters (5,493,215 square feet) of Developable Area across 32 Completed Projects. For more information, click www.puranikbuilders.com

The Promoters of Puranik Builders
Shailesh Puranik , Shrikant Puranik ,Yogesh Puranik , Nilesh Puranik ,Puranik Business Private Trust & Puranik Family Pvt Trust

Puranik Builders IPO Main Objects
The Offer comprises the Fresh Issue by the Company and an Offer for Sale by the Selling Shareholders.
The Net Proceeds are proposed to be utilised towards prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company on a consolidated basis

Puranik Builders IPO Details
Issue Type: Book Built Issue IPO
Issue : up to (?) Shares /Rs (?) Crore
* Fresh Issue of (?) Sh/ Rs.810 Cr
* Offer for Sale Up to 1,859,620 Sh/ Rs. ?Cr

Face Value per share : Rs. 10

Puranik Builders Listing will at BSE,NSE

Equity Shares prior to the IPO : 57,648,207 Shares
Equity Shares after the IPO : (?) Shares

Puranik Builders IPO Peer Comparison:
Oberoi Realty @ PE Multiples of 22.9
Godrej Properties @ PE Multiples of 84.9
Prestige Estates @ PE Multiples of 27.8
Sunteck Realty @ PE Multiples of 27.0
Sobha @ PE Multiples of 13.6
Brigade Enterprises @ PE Multiples of 12.3
Kolte-Patil Developers @ PE Multiples of 27.0

Puranik Builders IPO Lead Managers 
Edelweiss Financial , Axis Capital,
Registrar to Puranik Builders IPO
Karvy Fintech Private Limited

Registered Office of Puranik Builders
PURANIK ONE, Near Kanchanpushpa Complex, Opposite Suraj Water Park, Kavesar, Ghodbunder Road, Thane (West) – 400 615
Company Secretary & Compliance Officer : Ritu Baheti

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