RED HERRING PROSPECTUS Please read Section 60B of the Companies Act, 1956 Dated October 20, 2006 100% Book Built Issue Parsvnath Developers Limited (Incorporated on July 24, 1990 under the Companies Act, 1956. The registered office of our Company was changed from G-2, Arunachal Building, 19, Barakhamba Road, New Delhi 110 001, India to the current registered office from March 1, 2004.) Registered and Corporate Office: 6th Floor, Arunachal Building, 19, Barakhamba Road, New Delhi 110 001, India. Tel: +91 11 2331 0198. Fax: +91 11 2331 5400. Contact Person: Mr. V. Mohan, Company Secretary and Compliance Officer. Tel: +91 11 2335 0120. E-mail:
[email protected]. Website: www.parsvnath.com. PUBLIC ISSUE OF UP TO 33,238,000 EQUITY SHARES OF Rs. 10 EACH (“EQUITY SHARES”) FOR CASH AT A PREMIUM OF RS. [●] PER EQUITY SHARE AND AT A PRICE OF RS. [●] PER EQUITY SHARE AGGREGATING RS. [●] MILLION (THE “ISSUE”), BY PARSVNATH DEVELOPERS LIMITED (“PDL”, “THE COMPANY” OR “THE ISSUER”). THERE WILL ALSO BE A GREEN SHOE OPTION OF UP TO 30,87,800 EQUITY SHARES TO BE OFFERED BY PARASNATH AND ASSOCIATES PRIVATE LIMITED, ONE OF OUR PROMOTERS, FOR CASH AT A PREMIUM OF RS. [●] PER EQUITY SHARE AND AT A PRICE OF RS. [●] PER EQUITY SHARE AGGREGATING RS. [●] MILLION. THE ISSUE AND THE GREEN SHOE OPTION, IF EXERCISED IN FULL, WILL AGGREGATE 36,325,800 EQUITY SHARES AMOUNTING TO RS. [●] MILLION. THE ISSUE COMPRISES A NET ISSUE TO THE PUBLIC OF UP TO 33,038,000 EQUITY SHARES (“THE NET ISSUE”) AND A RESERVATION OF UP TO 200,000 EQUITY SHARES FOR SUBSCRIPTION BY EMPLOYEES (AS DEFINED HEREIN) (THE “EMPLOYEE RESERVATION PORTION”), AT THE ISSUE PRICE.