| Gujarat Industries Power Co Ltd |
|---|
| Registered Office: P O Ranoli, , Vadodara - 391350, Gujarat |
| Phone: 91-0265-2232768 |
| Email: genbaroda@gipcl.com |
| Website: www.gipcl.com |
| 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 | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 13-Oct-2005 | 19-Oct-2005 | ₹ 68.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 90.0 Further Multiples of : 90.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 1,448.00 | Allianz Securities Ltd |
| Project Financed through Current Offer | 275.00 | |
| Post Issue Equity Share Capital | 151.25 | |
| Issue Price | ₹68.00 | |
| Projects |
|---|
| Expn. by setting 250MW(+20%) Lignite T.Power Plant |
| Promoted By |
|---|
| Gujarat Urja Vikas Nigam Ltd |
| Guj St Fert&Chem Ltd (GSFC) |
| Guj Alk & Chem Ltd (GACL) |
| Listing At |
|---|
| BSE |
| NSE |
| Vadodara |
| Registrar to the Issue |
|---|
