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Open
12 Oct 2009
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Close
15 Oct 2009
3
Allotment
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Listing
Fri, Oct 30, 2009
Price Band
₹40 to ₹45
Issue Size
39,07,00,000 shares (agg. up to ₹1,758 Cr)
Lot Size
150 Shares
Listing Date
Fri, Oct 30, 2009
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 15.76x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| NHPC Ltd. | Mainboard | ₹6,038.55 Cr | ₹36 | null | ₹36.75 | +2.08% | ₹79.20 (+0.34%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To part finance the construction and development of the 1,320 MW Amravati Power Project Phase – I | 775.00 |
| 2 | Funding equity contribution in the Company‘s wholly owned subsidiary, IRL, to part finance the construction and development of the 1,335 MW Nashik Power Project; and | 660.00 |
| 3 | General corporate purposes. | 54.30 |
| Total | 1,489.30 |
About Indiabulls Power IPO
Incorporated in 2007, Indiabulls Power Limited is a power project development company. Company develops and intends to operate and maintain power projects in India. The Company is a subsidiary of IBREL (Indiabulls Real Estate), a part of the Indiabulls Group and listed on the BSE and the NSE. IBREL is one of the largest real estate development companies in India. It focuses on construction and development of properties, project management, investment advisory and construction services.Indiabulls Power Ltd has five thermal power projects under development, which will have a combined installed capacity of 6,615 MW. These projects include:1. Amravati Phase-I (1320 MW)2. Amravati Phase-II (1320 MW)3. Nasik (1335 MW) in Maharashtra4. Bhaiyathan Thermal Power Project (1320 MW) & 5. Chhattisgarh Power Project (1320 MW) in the State of Chhattisgarh.Indiabulls is also developing four medium size Hydro Power Projects in Arunachal Pradesh aggregating to 167 MW. Indiabulls has also entered into MoUs with the Govt. of Madhya Pradesh and Jharkhand for setting up of 2640 MW & 1320 MW Thermal Power Projects.+ Read More
Contact Details
Indiabulls Power Ltd. AddressE-29, First FloorConnaught PlaceNew Delhi, New Delhi, 110001(91 11) 3047 6300poweripo@indiabulls.comVisit Website