RattanIndia Power Ltd - IPO

RattanIndia Power Ltd IPO Details

Public issue of 339,800,000 equity shares of Rs. 10 each of Indiabulls Power Limited. (IPL or The Company or The Issuer) for cash at a price of Rs. 45 per equity share (including a share premium of Rs. 35 per equity share) aggregating to Rs. 1529.10 crores (The Issue). There will also be a green shoe option of up to 50,900,000 equity shares for cash at a price of Rs. 45 per equity share aggregating to Rs. 229.05 crores (The Green Shoe Option). The issue and the green shoe option, if exercised in full, will aggregate to 390,700,000 equity shares amounting to Rs. 1758.15 crores. The issue constitute 16.98 % of the fully diluted post issue paid-up capital of the company assuming that the green shoe option is not exercised and will constitute 19.04 % assuming that the green shoe option is exercised in full.Issue Price: Rs. 45 per equity share of face value of Rs. 10 eachThe Issue Price is 4.5 times the face value

Objective of issue

To part Finance the Amravati Power Project Phase-I. Funding eq. in WOS, IRL, to part Fin. Nashik Proj.. General corporate purposes.

RattanIndia Power Ltd Contact Details

RattanIndia Power Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

Phone - 91-040-44655185/44655000

Fax - 91-040-23420814/23420857

Email - ir_rpl@rattanindia.com; gtoshkhani@rattanindia.com

Website - www.rattanindia.com