SJVN Ltd IPO

Closed

Subscription Details

  • Open Date 29 Apr
  • Close Date 03 May
  • Lot Size 250
  • IPO Size ₹ 1062.51 Cr
  • IPO Price Range ₹ 26
  • Min Investment ₹ 6500

SJVN Ltd IPO Timeline

Open Date
29 Apr
Close Date
03 May
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public offering of 415,000,000 equity shares of face value Rs. 10 each (The Equity Shares) for cash at a price of Rs. 26 per equity share (including a share premium of Rs. 16 per equity share) of SJVN Limited (SJVN or Company) aggregating up to Rs. 1062.51 crores through an Offer for sale (The Offer for Sale or The Offer) by the President of India acting through the Ministry of Power, Government of India (The Selling Shareholder). The Offer comprises a net offer to the public of 411,650,000 equity shares (The Net Offer) and a Reservation of 3,350,000 equity shares for purchase by eligible employees (The Employee Reservation Portion) at the offer price. The Offer and net offer shall constitute 10.03% and 9.95 % of the paid-up equity capital of the company, respectively. Issue Price is Rs. 26 per equity share of face value Rs. 10 each The Issue price is 2.6 times the face value

How to apply for an IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of SJVN Ltd IPO

Contact Information

Address

SJVN Corporate Office Complex,
Shanan,
Shimla, Himachal Pradesh 171006

Open Demat Account