✓
Open
29 Sep to 6 Oct, 2006
✓
Close
29 Sep to 6 Oct, 2006
3
Allotment
—
✓
Listing
Fri, Oct 27, 2006
Price Band
₹175 to ₹200
Issue Size
35,00,200 shares (agg. up to ₹65 Cr)
Lot Size
30 Shares
Listing Date
Fri, Oct 27, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.49x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 246.21 | 45.05 | 26.88 | 7.81 |
| Total Income | 89.84 | 52.42 | 37.51 | 34.11 |
| Profit After Tax | 7.80 | -0.43 | 2.14 | 0.65 |
| NET Worth | 17.97 | 10.17 | 8.40 | 2.46 |
| Reserves and Surplus | 0.46 | 2.60 | 2.17 | 6.77 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Deccan Aviation Ltd. | Mainboard | ₹363.28 Cr | ₹148 | -55.8 | ₹99.10 | -33.04% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fleet expansion | 21.20 |
| 2 | Infrastructure development - Building hangar at Juhu aerodrome, Mumbai | 0.80 |
| 3 | Conversion to AS-4 | 0.55 |
| 4 | Retirement of Debt | 1.90 |
| 5 | General corporate purposes and other expenses | |
| 6 | Cost of the Issue (borne by the Company) | 0.44 |
About Global Vectra Helicorp IPO
Global Vectra Helicorp Limited (GVHL) is an India-based offshore transportation services helicopter company. The Company provides helicopter services to oil and gas exploration, development and production companies. Global Vectra had around 12 Bell 412 helicopters each having 13 passenger seats and two pilot seats. The Company transports crew and cargo for oil and gas companies to offshore oil platforms located approximately 50 to 100 nautical miles from the coastlines of India for their exploration and production activities. Global Vectra services its clients under contracts that contain a combination of fixed monthly rates and hourly rates. Its clients include oil and gas companies engaged in exploration and production activities in India, which include Reliance Industries Limited, British Gas India Exploration and Production Limited, and Gujarat State Petroleum Corporation Limited.+ Read More
Contact Details
Global Vectra Helicorp Ltd. AddressGlobal Vectra Helicorp LimitedA-54Kailash ColonyNew Delhi, New Delhi, 110048+91 22 2618 6155info@gvhl.netVisit Website