IPO

Gujarat Industries Power Co Ltd IPO

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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.

Gujarat Industries Power Co Ltd IPO Subscription Details

Company

Gujarat Industries Power Co Ltd

Issue Type

(Book Built Portion)

Open Date

13 Oct

Close Date

19 Oct

Offer Price

68.00

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Contact Details of Gujarat Industries Power Co Ltd IPO

Company Contact Information

Gujarat Industries Power Co Ltd IPO
PetroChemicals P O,
,
Vadodara, Gujarat 391346.

Phone: 91-0265-2232768
Email: investors@gipcl.com

Gujarat Industries Power Co Ltd IPO Register

Karvy Computershare Pvt Ltd

Gujarat Industries Power Co Ltd IPO Lead Manager(s)

  • Allianz Securities Ltd
  • Enam Financial Consultants Pvt Ltd
  • GSFS Capital and Securities Ltd
  • HSBC Securities & Capital Markets (India) Pvt Ltd

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