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Open
25 Jun 2007
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Close
29 Jun 2007
3
Allotment
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Listing
Mon, Jul 23, 2007
Price Band
₹17 to ₹20
Issue Size
3,40,00,000 shares (agg. up to ₹68 Cr)
Lot Size
300 Shares
Listing Date
Mon, Jul 23, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.94x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Equity Investment in MSM Energy Limited for setting up two 10MW bio-mass power plants | 23.93 |
| 2 | To meet working capital requirement for Power Trading | 10.00 |
| 3 | Additional Working Capital for its operations | 14.39 |
| 4 | General Corporate Purposes | 12.89 |
| 5 | Issue expenses | 6.80 |
About Suryachakra Power IPO
Incorporated in 1995, Suryachakra Power Corporation Limited is Hyderabad based power Generation Company. Suryachakra Power Corporation Limited envisions to be amongst the leaders in all spheres ranging from power generation to distribution and trading.+ Read More
Contact Details
Suryachakra Power Corp.Ltd. AddressSuryachakra Power Corporation Ltd8 2 293/82, Plot No: 1115Road No.54, Jubilee HillsHyderabad, Telangana, 500033+91 40 2355 0597ipo@suryachakra.comVisit Website