Business Standard

SJVN Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,062.51 cr

Price Range (₹)

26

Lot Size

250

Min Investment (₹)

6,500.00

Listing Exchange

MumbaiNSE

Open Date

29-Apr-2010

Close Date

03-May-2010

Listing Date

20-May-2010

SJVN Ltd News

    The Shares of SJVN Ltd have now been listed.

    SJVN Ltd IPO Details

    Public offering of 415,000,000 equity shares of face value Rs. 10 each (The Equity Shares) for cash at a price of Rs. 26 per equity share (including a share premium of Rs. 16 per equity share) of SJVN Limited (SJVN or Company) aggregating up to Rs. 1062.51 crores through an Offer for sale (The Offer for Sale or The Offer) by the President of India acting through the Ministry of Power, Government of India (The Selling Shareholder). The Offer comprises a net offer to the public of 411,650,000 equity shares (The Net Offer) and a Reservation of 3,350,000 equity shares for purchase by eligible employees (The Employee Reservation Portion) at the offer price. The Offer and net offer shall constitute 10.03% and 9.95 % of the paid-up equity capital of the company, respectively. Issue Price is Rs. 26 per equity share of face value Rs. 10 eachThe Issue price is 2.6 times the face value

    Objective of issue

    SJVN Ltd Contact Details

    SJVN Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - cssjvn@yahoo.com

    Website - www.sjvn.nic.in