Business Standard

Adani Power Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

3,016.52 cr

Price Range (₹)

100

Lot Size

65

Min Investment (₹)

6,500.00

Listing Exchange

MumbaiNSE

Open Date

28-Jul-2009

Close Date

31-Jul-2009

Listing Date

20-Aug-2009

Adani Power Ltd News

    The Shares of Adani Power Ltd have now been listed.

    Adani Power Ltd IPO Details

    Public Issue of 301,652,031 equity shares of Rs. 10 each of Adani Power Ltd (APL or The Company or The Issuer) for cash at a price of Rs. 100/- per equity share (Including a share premium of Rs. 90/- per equity share) aggregating to Rs. 3016.52 crores (The Issue). The Issue includes a reservation of up to 8,000,000 equity shares of Rs. 10 each for the eligible employees (The Employee Reservation Portion). The Issue less the employee reservation portion i.e. 293,652,031 equity share is referred to as the Net Issue. The Issue will constitute 13.84% of the post issue paid up capital of the company and the net issue will constitute 13.47% of the post issue paid up capital of the company.The Face value of the equity shares is Rs. 10. The Issue price is Rs. 100 i.e. 10 Times of the face value

    Objective of issue

    To part finance of Mundra Phase IV Power Project. Funding equity contribution in our subsidiary. General corporate purposes.

    Adani Power Ltd Contact Details

    Adani Power Ltd, 46,Avenue 4, Street No 1, Banjara Hills, Hyderabad - 500034

    Phone - 91-040-23431546/49

    Fax - 91-40-23431551

    Email - investor.apl@adani.com

    Website - www.adanipower.com