IPO

Reliance Naval & Engineering Ltd IPO

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Public issue of 85,450,225 equity shares of Rs. 10 each (equity shares) of Pipavav Shipyard Limited (the company or the issuer) for cash at the issue price of Rs. 58 per equity share for the investors other than the Anchor Investors and at the issue price of Rs. 60 per equity share for the Anchor investors, aggregating Rs. 498.67 Crores (The Issue). The issue will constitute 12.83% of the post-issue equity share capital of the company. Up to 600,000 equity shares of Rs. 10 each will be reserved in the issue for subscription by employees (As specifically defined herein in the section Definitions and abbreviations) at the issue price (the employee reservation portion). The issue less the employee reservation portion shall be hereinafter referred to as the net issue. The Net issue will constitute 12.74% of the post-issue equity share capital of the company. The Issue Price is Rs. 58 per equity share. The Face value of the equity shares is Rs. 10 each and the issue price is 5.8 times the face value (For the anchor investors, the issue price is Rs. 60 per equity share, which is 6 times the face value)

Reliance Naval & Engineering Ltd IPO Subscription Details

Company

Reliance Naval & Engineering Ltd

Issue Type

(Book Built Portion)

Open Date

16 Sep

Close Date

18 Sep

Offer Price

58.00

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  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Reliance Naval & Engineering Ltd IPO

Company Contact Information

Reliance Naval & Engineering Ltd IPO
Pipavav Port,
Post Ucchaiya Via-Rajula,
Amreli, Gujarat 365560.

Phone: 91-2794-305000
Email: rdel.investors@relianceada.com

Reliance Naval & Engineering Ltd IPO Register

Karvy Computershare Pvt Ltd

Reliance Naval & Engineering Ltd IPO Lead Manager(s)

  • Citigroup Global Markets India Pvt Ltd
  • Enam Securities Pvt Ltd
  • JM Financial Consultants Pvt Ltd
  • Kotak Mahindra Capital Company Ltd
  • Motilal Oswal Investment Advisors Pvt Ltd
  • SBI Capital Markets Ltd

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