Great Eastern Energy Corporation Ltd - IPO

Great Eastern Energy Corporation Ltd IPO Details

Public issue of up to 8,200,000 equity shares of face value of Rs. 10 each (equity shares) of Great Eastern Energy Corporation Limited (the company or issuer) for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share, aggregating up to Rs. [*] crores (issue). The issue comprises a fresh issue to the public of 7,800,000 equity shares aggregatin g to Rs. [*] crores (fresh issue) and an offer for sale of upto 400,000 equity shares (offer for sale) by YKM Holdings International Limited (selling shareholder) aggregating up to Rs. [*] crores. The issue constitutes 26.94 % and 12.17% of the fully diluted post-issue paid up indian equity share capital and fully diluted post-issue paid up equity share capital of the company respectively.The face value of the equity shares is Rs. 10 each

Objective of issue

Drilling & completion of CBM wells in the Raniganj. General corporate purposes.

Great Eastern Energy Corporation Ltd Contact Details

Great Eastern Energy Corporation Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

Phone - 91-040-44655185/44655000

Fax - 91-040-23420814/23420857

Email - investors@geecl.com

Website - www.geecl.com