Puravankara: Intimation regarding incorporation of a Wholly owned Subsidiary of the Company in the name and style…
Puravankara (PURVA) filed a disclosure titled "Intimation regarding incorporation of a Wholly owned Subsidiary of the Company in the name and style Burgundyprime Private Limited". The company is valued at about ₹4,813 crore.
What happened
Puravankara (PURVA) filed a disclosure with the exchanges on 19 October 2026 at 05:13 PM titled "Intimation regarding incorporation of a Wholly owned Subsidiary of the Company in the name and style Burgundyprime Private Limited".
Company snapshot
Puravankara is a small-cap company in the Realty sector, with a market value of about ₹4,813 crore.
The stock last traded at ₹203, against a 52-week range of ₹160.7–₹287.3 (29.4% below the high).
Before this filing the shares had moved −3.5% over the month and −7.6% over three months. Average daily turnover over the last 20 sessions was about ₹3.6 crore.
Promoters held 75.00% at the end of Q1 FY27. Foreign institutions owned 16.62% and domestic institutions 0.58%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 524 | -67.7 | -2.85 |
| Q2 FY26 | 644 | -41.8 | -1.76 |
| Q3 FY26 | 1,069 | 59.9 | 2.53 |
| Q4 FY26 | 1,502 | 113.2 | 4.77 |
| Q1 FY27 | 849 | 28.9 | 1.22 |
What history shows
BCEIE's records show 3 previous m&a filings from the company since May 2026.
After those filings, the stock gained 1.4% on average the next trading day and was up 3.0% on average after five days (3 filings with price data).
Across 36 similar disclosures by other Realty companies, shares moved +0.1% on average the next day and +0.2% over five days; 53% of them rose the next day.
Market-wide, 2,112 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 11 Aug 2026 | Sale or disposal | +2.6% | +3.0% |
| 6 Jul 2026 | Sale or disposal | −3.1% | +6.0% |
| 17 Jun 2026 | A press release dated Jun 17, 2026, titled "Puravankara Acquires… | +4.8% | −0.1% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Puravankara (NSEI:PURVA) - Stock Analysis
- Puravankara Q2 pre-sales rise 62% to ₹2,136 crore; adds ₹8,900-crore project pipeline
- Puravankara Q2 update: Pre-sales jump 62% to ₹2,136 crore; collections rise 24% - CNBC TV18
- Mangesh Shinde Appointed General Manager – Human Capital at Puravankara Limited
- Puravankara pre-sales rise 62% to ₹2,136 crore in Q2 FY27
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.