Business Standard

IL&FS Transportation Networks Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

700.00 cr

Price Range (₹)

258

Lot Size

25

Min Investment (₹)

6,450.00

Listing Exchange

MumbaiNSE

Open Date

11-Mar-2010

Close Date

15-Mar-2010

Listing Date

30-Mar-2010

IL&FS Transportation Networks Ltd News

    The Shares of IL&FS Transportation Networks Ltd have now been listed.

    IL&FS Transportation Networks Ltd IPO Details

    Public issue of 27,131,782 equity shares of face value of Rs. 10 each (Equity Shares) of IL&FS Transportation Networks Limited (The Company or The Issuer) for cash at a price of Rs. 258 per equity share (including a share premium of Rs. 248 per equity share) aggregating up to Rs.700.00 Crores (The Issue) consisting of a fresh issue of 22,852,938 equity shares by the company (Fresh Issue) and an offer for sale of 4,278,844 equity shares (Offer for Sale) by Trinity Capital (Two) Limited (The Selling Shareholder). The issue will constitute 13.97% of the fully diluted post issue paid-up capital of the company.Issue Price: Rs. 258 per Equity Share of Face Value Rs.10/ each.The Issue price is Rs. 25.8 times the Face Value.

    Objective of issue

    Funding pre-payment & repay. of a portion of debt. General corporate purposes.

    IL&FS Transportation Networks Ltd Contact Details

    IL&FS Transportation Networks Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - itnlinvestor@ilfsindia.com

    Website - www.itnlindia.com