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Open
20 Feb 2004
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Close
27 Feb 2004
3
Allotment
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Listing
Fri, Mar 12, 2004
Price Band
₹170 to ₹170
Issue Size
7,18,50,056 shares (agg. up to ₹1,203 Cr)
Listing Date
Fri, Mar 12, 2004
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.89x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2003 | 31 Mar 2003 | 31 Mar 2002 | 31 Mar 2001 |
|---|---|---|---|---|
| Total Income | 5,557.30 | 5,134.10 | 4,871.80 | 5,140.80 |
| Profit After Tax | 174.40 | 204.10 | 107.40 | 248.90 |
| NET Worth | 2,204.90 | 2,093.70 | 1,959.40 | 2,017.90 |
| Reserves and Surplus | 1,968.10 | 1,866.30 | 1,745.20 | 1,825.70 |
| Amount in ₹ Crore |
About Indian Petrochemicals IPO
Founded on March 22, 1969, Indian Petrochemicals Corporation Limited (IPCL) was a premier state-owned petrochemicals company in India. Following its strategic disinvestment to the private sector, IPCL was officially merged into Reliance Industries Limited (RIL) in 2007 and no longer exists as an independent, publicly traded entity. The Government of India undertook this move to promote the development of the domestic petrochemical industry and encourage the use of plastics. The company was a manufacturer of commodity plastics (polypropylene, polyethene, PVC), synthetic fibres, and industrial chemicals. The board of Reliance Industries unanimously approved a 1:5 share swap ratio, resulting in the complete amalgamation of IPCL into RIL.+ Read More
Contact Details
Indian Petrochemicals Corp.Ltd. AddressP O PetrochemicalsVadodara, Gujarat, 391346+91 265 223276InvestorRelations.Corpo@ipcl.co.inVisit Website