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Pipavav Shipyard IPO IPO

Mainline16 Sep 200918 Sep 2009
Open
16 Sep 2009
Close
18 Sep 2009
3
Allotment
Listing
Fri, Oct 9, 2009
Price Band
₹55 to ₹60
Issue Size
8,54,50,225 shares (agg. up to ₹499 Cr)
Lot Size
110 Shares
Listing Date
Fri, Oct 9, 2009
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CategorySubscription (times)
Total6.86x

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Construction of facilities for shipbuilding, ship repair and the Offshore Business179.27
2Margin for working capital244.04
3General corporate purposes23.12
Total446.42

About Pipavav Shipyard IPO

Incorporated in 1997, Pipavav Shipyard Limited is currently constructing the Pipavav Shipyard, located on the west coast of India adjacent to major sea lanes between the Persian Gulf and Asia. Upon completion of construction, the Pipavav Shipyard will be capable of ship construction and repairs for a range of vessels of different sizes and types, as well as the fabrication and construction of products such as offshore platforms, rigs, jackets and vessels (but excluding subsea pipelines) for oil and gas companies.Pipavav shipyard complex is located on the South Western coast of Gujarat, about 130 kms from Bhavnagar to its east and Diu, about 90 kms to its west. It is adjacent to Pipavav Port, the first private sector port in India, which is controlled and operated by the A.P. Moller Group (Maersk) of Denmark,one of the largest maritime groups in the world. The Pipavav Shipyard was originally promoted by SKIL and Grevek Investments, who have been joined by Punj Lloyd as a Promoter through its acquisition of 129,361,538 Equity Shares of their Company.The construction of the Pipavav Shipyard includes: 1. Conversion of one existing wet basin into a 651 meters long and 65 meters wide, ca

Contact Details

Pipavav Shipyard Ltd. AddressPipavav PortPost Ucchaya, Via RajulaRajula, Gujarat, 365560+ 91-2794 286200company.secretary@pipavavshipyard.comVisit Website