Business Standard

Global Vectra Helicorp Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

64.75 cr

Price Range (₹)

185

Lot Size

30

Min Investment (₹)

5,550.00

Listing Exchange

MumbaiNSE

Open Date

29-Sept-2006

Close Date

06-Oct-2006

Listing Date

27-Oct-2006

Global Vectra Helicorp Ltd News

    The Shares of Global Vectra Helicorp Ltd have now been listed.

    Global Vectra Helicorp Ltd IPO Details

    Public issue of 3,500,000 equity shares of Rs. 10 each for cash at a price of Rs.185 per equity share including a share premium of Rs.175 per equity share aggregating Rs.64.75 Crores comprising a fresh issue of 2,800,000 equity shares of Rs. 10 each by the company (fresh issue) and an offer for sale by Azal Azerbaijan Aviation Limited of 700,000 equity shares of Rs. 10 each (the offer for sale). The fresh issue and the offer for sale are jointly referred to as the issue. The issue would constitute 25.00% of the fully diluted post issue paid-up capital of the company.Issue Price is Rs.185 per equity share of face value of Rs. 10 each.The floor price is 18.5 times of the face value

    Objective of issue

    Fleet Expansion. Infra.Develop. Bldg. Hanagar at Juhu Aerodrome. Conversion to AS-4. Retirement of Debt. General Corporate Purposes and other expenses.

    Global Vectra Helicorp Ltd Contact Details

    Global Vectra Helicorp Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - raakesh@gvhl.net, globalhelicorp@ghvl.net

    Website - www.globalhelicorp.com