Business Standard

Jet Airways (India) Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,899.35 cr

Price Range (₹)

1100

Lot Size

6

Min Investment (₹)

6,600.00

Listing Exchange

MumbaiNSE

Open Date

18-Feb-2005

Close Date

24-Feb-2005

Listing Date

14-Mar-2005

Jet Airways (India) Ltd News

    The Shares of Jet Airways (India) Ltd have now been listed.

    Jet Airways (India) Ltd IPO Details

    Public offer of 17266801 Equity Shares of Rs.10 each for cash at a price of Rs. 1100 per Equity Share, aggregating Rs. 1899.35 Crore, comprising a FreshIssue of 14245111 Equity Shares by Jet Airways (India) Ltd (Jet Airways or the Company or the Issuer) and an Offer for Sale of 3021690 Equity Shares by Tail Winds Limited (Tail Winds or the Selling Shareholder). The Fresh Issue and the Offer for Sale are jointly referred to hereinas the Offer. 1200000 Equity Shares will be reserved in the Offer for subscription by Employees at the Offer Price (the Employee ReservationPortion, and the Offer of Equity Shares other than the Employee Reservation Portion, the Net Offer).

    Objective of issue

    Retire certain outstanding debt. Raise capital.

    Jet Airways (India) Ltd Contact Details

    Jet Airways (India) Ltd, 46,Avenue 4, Street No 1, Banjara Hills, Hyderabad - 500034

    Phone - 91-040-23431546/49

    Fax - 91-40-23431551

    Email - companysecretary@jetairways.com

    Website - www.jetairways.com