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| 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 | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.455 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 0.455 | USD |
Naya Bharat (NBPC) Share Charts1 Year Naya Bharat Chart |
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1 Month Naya Bharat Chart |
Intraday Naya Bharat Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 06/5/2011 | 19:53 | Naya Bharat Property Company plc | 24 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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Posted at 06/5/2011 19:53 by praipus Investor RelationsFurther 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. |
Posted at 07/6/2007 08:46 by din007 11 April 2007, the Net Asset Valuewas $0.98 per share. |
Posted at 07/6/2007 08:45 by din007 RNS Number:9248XNaya 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. |
Posted at 24/4/2007 12:45 by din007 Naya Bharat Property Statement re March SummaryRNS 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 www.charlemagnecapit marketing@charlemagn 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. |
Posted at 11/4/2007 07:39 by din007 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. |
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