The follow-on public issue of D. S. Kulkarni Developers Ltd opens for subscription today. The company is coming out with an issue of 48,59,845 equity shares Rs. 10/- each and promoters contribution of 640155 shares aggregating Rs.151 Crores. The follo-on public offering is made through 100% book building route at a price band of Rs.250 to Rs.275 per share.
The issue opens on April 25, 2006 and closes on May 03, 2006. The company´s shares are currently traded at Rs.398.