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Last $0.09 SGD
Change Today +0.001 / 1.11%
Volume 35.0K
As of 9:00 PM 04/26/15 All times are local (Market data is delayed by at least 15 minutes).

indiabulls properties invest (IPIT) Snapshot

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Day High
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52 Week High
07/7/14 - $0.14
52 Week Low
03/24/15 - $0.09
Market Cap
Average Volume 10 Days
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indiabulls properties invest (IPIT) Details

Indiabulls Properties Investment Trust primarily engages in the development, management, and lease of commercial spaces in India. The company is also involved in the development and sale of residential property. Its portfolio comprises two commercial developments, and three residential developments. Indiabulls Properties Investment Trust was formed on May 7, 2008 and is based in Singapore, Singapore.

Founded in 2008

indiabulls properties invest (IPIT) Top Compensated Officers

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Executives, Board Directors

indiabulls properties invest (IPIT) Key Developments

Indiabulls Properties Investment Trust Appoints Kubeir Khera as Non-Executive and Non-Independent Director

Indiabulls Properties Investment Trust announced the appointment of Kubeir Khera as Non-Executive and Non-Independent Director. Date of appointment is 14 April 2015. Mr. Kubeir Khera serves as Executive Vice President of Indiabulls Real Estate Limited and is years currently head of sales and marketing. He has been instrumental in conceptualizing and implementing the marketing and branding strategy of the group across different verticals over the last seven years. In his current assignment, Mr. Khera is directly driving business for Indiabulls properties and has been credited with successfully launching new projects and extensions of ongoing projects. He has successfully led a team of professionals to achieve high sales volumes under very challenging environment for the real estate sector. Mr. Khera is an experienced marketing executive with over nine years of marketing, branding and media experience across advertising, financial services and real estate sectors. Prior to his joining Indiabulls, he was responsible for business development and communication planning deployment for FCB & McCann Worldgroup.

Indiabulls Properties Investment Trust Reports Consolidated Earnings Results for the Second Quarter Ended September 30, 2014

Indiabulls Properties Investment Trust reported consolidated earnings results for the second quarter ended September 30, 2014. For the period, the company’s total income was SGD 25,204,000 against SGD 22,848,000 a year ago. Net property income was SGD 16,240,000 against SGD 13,121,000 a year ago. Profit before tax was 126,000 against loss before tax of SGD 2,016,000 a year ago. Profit for the year was SGD 126,000 against SGD 2,016,000 a year ago. Net cash flow generated from operating activities was SGD 14,819,000 against SGD 64,943,000 a year ago. Additions to plant and equipment were SGD 190,000 against SGD 94,000 a year ago. Basic and diluted profit per unit was SGD 0.003 against loss per unit of SGD 0.05 a year ago.

Indiabulls Properties Investment Trust Announces Board Changes, Effective from July 15, 2014

Indiabulls Properties Investment Trust appointed Mehul Charles Christopher Johnson as Non-Executive and Non-Independent Director (Member of Audit Committee), and the resignation of Mr. Rajiv Rattan as Non-Executive and Non-Independent Director (Member of Audit Committee) effective from July 15, 2014. Mr. Mehul C. C. Johnson serves as President of Indiabulls Real Estate Limited and is responsible for a large part of its business.


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