Mumbai, October 11, 2006: Global Vectra Helicorp Limited, one of India's largest dedicated offshore transportation services helicopter company, has fixed its issue price at Rs. 185 per share. | |
| The company entered the capital market with its initial public offer of 35,00,000 equity shares of Rs.10 each comprising a fresh issue of 2,800,000 equity shares by the company and an offer for sale by Azal Azerbaijan Aviation Limited of 700,000 equity shares for cash at a price band of Rs 175 and Rs 200 and the issue was oversubscribed by 3.59 times. |
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| The issue was open for subscription between September 29 and October 6, 2006. The issue constituted 25% of the fully diluted post issue equity capital. |
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| The issued attracted applications for 10,967,700 equity shares from Qualified Institutions Buyers (QIBs), and applications for 1,35,6300 equity shares in the Retail Individual Investors category. |
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