Gujarat Industries Power Co Ltd - Prospectus Synopsis

Gujarat Industries Power Co Ltd RHP

Registered Office : PetroChemicals P O , , Vadodara - 391346 , Gujarat , India.

Phone : 91-0265-2232768  Fax : 91-0265-2230029

Email : investors@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 Rs 68 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 90 Further Multiples of : 90
  Rs Cr Lead Managers to the Issue
Project Cost 1448 Allianz Securities Ltd
Project Financed through Current Offer 275  
Post Issue Equity Share Capital 151.25  
Issue Price Rs. 68  
Projects
Expn. by setting 250MW(+20%) Lignite T.Power Plant
Promoted By Listing At Registrar to the Issue
Guj Alk & Chem Ltd (GACL)
Guj St Fert&Chem Ltd (GSFC)
Gujarat Urja Vikas Nigam Ltd
Mumbai Karvy Computershare Pvt Ltd
 

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