Gujarat Industries Power Co Ltd

HSBC Securities & Capital Markets (India) Pvt Ltd

Public Issue of 40,441,176 Equity Shares of Rs. 10/- each for cash at a price of Rs. 68 per Equity Share aggregating to Rs. 275 crores (the Issue'), consisting of a Fresh Issue of 40,441,176 Equity shares of Rs. 10/- each by Gujarat Industries Power Company Limited (the Company' or Issuer'). The Issue comprises of 11,029,411 Equity Shares of Rs. 10/- each reserved for participation by one of the Promoter Company viz. Gujarat Alkalies and Chemicals Limited, and one of the Promoter Group Company viz. Gujarat State Electricity Corporation Limited, in the Issue at a price of Rs. 68 aggregating Rs. 75 crores and reservation for Employees of 400,000 Equity Shares of Rs. 10/- each, at a price of Rs. 68 each aggregating to Rs. 2.72 crores. The Net Issue to the Public is of 29,011,765 Equity Shares of Rs. 10/- each at a price of Rs. 68 aggregating Rs. 19.73 crores (the Net Issue'). The Issue would constitute 26.74 % of the fully diluted post issue paid up Equity Capital of the Company.

  • Issue

    • Opens On13 Oct 2005
    • Closes On19 Oct 2005
  • Money Payable On

    • Application68
    • Allotment0
  • Project Cost (Cr.)1448
  • Post Issue Equity Share Capital (Cr.)151.25
  • Issue Price (D)68

Further Multiples of: 90

Projects

  • Promoted By
    • Listing AtVadodara
    • Registrar to the Issue - Karvy Computershare Pvt Ltd

    P O Ranoli Vadodara

    Gujarat- 391350

    Phone - 91-0265-2232768

    Fax - 91-0265-2230029

    Email - investors@gipcl.com

    Website - www.gipcl.com

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