Share Name Share Symbol Market Type Share ISIN Share Description
Naya Bharat LSE:NBPC London Ordinary Share IM00B1N95Z00 ORD USD0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +$0.00 +0.00% $0.455 $0.00 $0.00 - - - 0 06:30:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate 0.0 15.1 28.0 1.6 23.90

Naya Bharat Share Discussion Threads

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Investor Relations Further to the last announcement on 19 January 2011, in which the Liquidators confirmed an initial distribution to all shareholders at $0.44 per share, this latest update is to inform you that the liquidation of the underlying subsidiary structure is now underway and we have been advised that it will take approximately a further six months to complete. Once the subsidiary structure has been wound up, a Final General Meeting will take place and the final distribution will be declared. Further updates will be provided as progress is made. 19th January 2011 Further to the most recent announcement in which the Liquidators confirmed their intention to make a first distribution mid-January 2011, the Liquidators would like to confirm that they are now in a position to make an initial distribution to all shareholders. As at 14 January 2011, the Company had total surplus assets of US$24,320,171 which would give an approximate Net Asset Value ("NAV") of $0.46 for each of the 52,524,043 Ordinary Shares in issue as at that date. As of that date approximately 98% of the Company's total assets were held as cash, with the one remaining non-cash asset being actively sold down. Therefore in accordance with the Circular to Shareholders of 10 November 2010, the Liquidators intend to make an initial distribution to all shareholders equivalent to approximately 95% of the Company's surplus assets as at 14 January 2011 or $0.44 per share. The consideration will be calculated on holdings as at the close of business on the 10th December 2010. 4th January 2011 Further to the announcement made on 10 December 2010, the Liquidators would like to report that the Company is continuing to liquidate its assets in line with the original plan and while the exact date or amount cannot be guaranteed we would still expect to make a first distribution mid-January 2011. As of 23 December 2010 approximately 77% of the assets are held as cash. The Liquidators of Naya Bharat Property Company plc would like to inform you that the unaudited net asset value per share as at 10 December 2010 was US$0.46. Further updates will be available on this website at regular intervals. TIDM Code: NBPC ISIN: IM00B1N95Z00 SEDOL: B1N95Z0 As at 16 September 2010, Naya Bharat Property Company plc (in liquidation) had 52,524,043 Ordinary Shares in issue. There are no shares held as Treasury Shares nor are there any other securities in issue. Naya Bharat Property Company plc (in liquidation) shares are not traded, or admitted to be traded on any exchanges or trading platforms.
First tranch of cash due January 2011.
10 December 2010 NAYA BHARAT PROPERTY COMPANY PLC (the "Company") RESULT OF EXTRAORDINARY GENERAL MEETING The Board of Naya Bharat Property Company plc announces that at the Extraordinary General Meeting of the Company held today, both Resolutions proposed to the meeting, as set out in the circular to shareholders dated 10 November 2010, were duly passed. The results of the vote are summarised below. As a result, trading in the Company's ordinary shares on AIM will be cancelled at 7am on 13 December 2010 and the liquidators will proceed with the voluntary winding up of the Company. It is hoped that an initial distribution will take place in mid-January 2011, although this cannot be guaranteed. Summary of Votes Cast Shareholders representing 31,301,241 Shares of the Company, voted in favour of Special Resolution One and shareholders representing 570,000 Shares of the Company voted against Special Resolution One. Shareholders representing 31,301,241 Shares of the Company, voted in favour of Special Resolution Two and shareholders representing 570,000 Shares of the Company voted against Special Resolution Two.
Wow ok suspension pending an announcement! What are the probabilities of disaster or glory? Edit: 14-12-2010 note to self allways read the RNS before posting!
Investment Portfolio Top 5 holdings (as at 15 September 2010) Investment % of Net Assets UNITECH 25.16% INDIABULLS REAL ESTATE LTD 14.69% DLF LTD 13.55% HOUSING DEVELOPMENT & INFRAS 10.97% BOMBAY DYEING 5.32% Source: Charlemagne Capital (IOM) Limited All the big holdings are up!
Very suspicous NAV drop before EGM on 10th Dec......hmmm
20% loss only had em a few days...
Got it
Cant seem to find the circular mentioned in the RNS.
Lot of big trades today.
Weiss back for more.
din007 any chance of adding the companies website to the header please?
Weiss hoovering up the spare stock.
Huge investments to be announced before the month is out I hear. Could be a nice move coming...
Please list your undervalued property companies here:
has this reached the bottom or still on the way down?
Daku ka naya Bharat
11 April 2007, the Net Asset Valuewas $0.98 per share.
RNS Number:9248X Naya Bharat Property Company PLC 07 June 2007 Naya Bharat Property Company PLC NAV May 2007 6 June 2007 The Board of Naya Bharat Property Company (the "Company") announces that the unaudited net asset value per share as at 31 May 2007 was US$1.15.
Naya Bharat Property Statement re March Summary RNS Number:4139V Naya Bharat Property Company PLC 24 April 2007 Naya Bharat Property Company Managers' March Summary 24 April 2007 As announced on 11 April 2007, the Net Asset Value ("NAV") of Naya Bharat Property Company's ("NBPC" or "the Company") investments stood at $0.98 per share as at 30 March 2007, with the Company having invested 71.4% of its net funds in twelve listed Indian property securities. The Company is actively considering investments in two pre-IPO/unlisted investment opportunities, but is yet to finalise any such investments. Since raising the funds in late February, the Company has been gradually deploying the assets in Indian property securities that the managers believes trade at significant discounts to NAV and offer significant growth prospects. Most Indian property securities, like the broader Indian markets, performed poorly in January and February due to concerns about active monetary tightening by the central bank. Over the last three months, the central bank has increased the cash reserve ratio by 150 bps while also increasing benchmark interest rates. The manager's recent visits to the property companies in India reinforced our belief of a strong positive outlook for the sector. Despite recent higher rates, demand for developed property space, commercial or residential, remains strong. Such an example of this is IBM announcing plans to lease 9 million square feet in 9 cities over the next three years, having leased only 4 million over the previous same period. Outsourcing into India, especially in services, remains robust and we do not consider that enough supply is planned in the immediate future. Supply in the residential sector will also accelerate. While prices of undeveloped land have declined due to higher interest rates (especially in speculative segments), pricing power in developed space remains intact, actually enhancing developer profitability. The Company has so far invested in twelve listed companies. Following our recent visits to these companies, we are confident that they will continue to deliver strong profit growth. The average price:earnings ratio ("PER") based on FY'08 earnings is 8x. Most of our investments continue to trade at discounts to NAV that range between 30% and 60%. We have noticed increased strategic and private equity interest in some of the investee companies, which should underpin valuations in the longer run. The top five holdings as at 30 March 2007 were Ansal Properties & Infrastructure Ltd (14.70%), IFCI (13.59%), DSK Developers (8.92%), Unitech (6.56%) and Ansal Housing (7.18%) (a company owned by a different part of the same family as Ansal Properties, they have no affiliation with one another). While sentiment towards the sector has been negative in the last few months, we anticipate strong quarterly earnings reports, and these coupled with declining interest rates should help our investments. We are actively working to get fully invested whilst we believe valuations remain low. Enquiries: Charlemagne Capital (UK) Ltd. Tel: +44 (0)20 7518 2100 Fax: +44 (0)20 7518 2198 Christopher Fitzwilliam Lay / Varda Lotan Notes to editors: Naya Bharat Property Company is a property company focused on investing in real estate companies in India. The Company seeks to take advantage of perceived capital market pricing anomalies by investing in established listed property investors/developers at substantial discounts to their Net Asset Values. In this way, investors in the Company will potentially benefit from both the reduction in the discount to Net Asset Value and the anticipated robust performance of the physical property market. In addition, special situations in unlisted/pre-IPO and property-rich small capitalisation stocks can be sought. In February 2007 the Company raised c. USD60 million. The Company's investment manager is Charlemagne Capital (IOM) Limited which is regulated by the Isle of Man Financial Supervision Commission for investment and corporate service provider business. The Charlemagne Group specialises in managing funds in public and private equity in global emerging markets. The Charlemagne Group currently manages US$ 4.75 billion.
Naya Bharat Property Net Asset Value(s) RNS Number:6222U Naya Bharat Property Company PLC 11 April 2007 11 April 2007 Naya Bharat Property Company PLC (Ticker: NBPC) The Board of Naya Bharat Property Company (the "Company") announces that the unaudited net asset value per share as at 30 March 2007 was 98 cents.
for the record, substantial holders at admission: QVT Fund LP - 5.00% Collins Stewart (CI) Ltd - 3.75% Landesbank Berlin AG - 28.33% IIMIA plc - 5.00% Credit Suisse Securities Europe Limited - 4.17% PBP Global Estate, FI - 6.67% HSBC Private Bank (Suisse) SA - 6.93% Banco Nominees (IOM) Limited - 10.00% EFG Bank - 3.32% DAB BanK AG - 3.89%
To be successful in India this company got to be a"yes man" to their concerned authorities and must follow "give and take". So many builders are there,investors are there,money is there but no paper work.Recently "ceilling process in Delhi has made so many to cry." I shall watch this co. timely and if good prospects are reflected in between then worth having a punt. Just watch.DYOR
Naya Bharat Property Company plc is a newly incorporated Isle of Man company established to invest primarily in both listed and unlisted companies whose principal activity is the ownership and/or development of land in India. The Company's objective is to provide Shareholders with an attractive return to be achieved primarily through long-term capital growth. The Company's portfolio of investments will seek to provide exposure to the residential, commercial, retail, industrial and Special Economic Zone sectors. Geographic exposure will also be diversified across major and secondary cities in India. The primary focus of target companies is the development of property portfolios/landbanks, although certain investee companies may also retain completed properties for income generation. The Company may also invest in special situations such as small capitalisation stocks with perceived large undervalued property holdings, where a catalyst for re-valuation/realisation of the property assets isanticipated.
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