Business Standard

Godawari Power & Ispat Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

70.43 cr

Price Range (₹)

81

Lot Size

80

Min Investment (₹)

6,480.00

Listing Exchange

MumbaiNSE

Open Date

28-Mar-2006

Close Date

04-Apr-2006

Listing Date

25-Apr-2006

Godawari Power & Ispat Ltd News

    The Shares of Godawari Power & Ispat Ltd have now been listed.

    Godawari Power & Ispat Ltd IPO Details

    Public Issue of 8,695,000 Equity Shares of face value Rs. 10/- each at a price of Rs.81 per Equity Share for cash at a premium aggregating Rs.70.43 crores (here in after referred to as the issue). Comprising of 400,000 Equity Shares of Rs. 10/- each reserved for the employees of the company and a net offer to the public of 8,295,000 Equity Shares of 10/-. The issue would constitute 35% of the post issue paid-up capital of Godawari Power & Ispat Limited.Issue Price : Rs.81 per Equity Share of Face Value Rs.10/-eachIssue price is 8.1 times the face value

    Objective of issue

    Phase II Expansion (Project). General Corporate Purpose.

    Godawari Power & Ispat Ltd Contact Details

    Godawari Power & Ispat Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - ycrao65@gmail.com

    Website - www.godawaripowerispat.com; www.hiragroup.com