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Open
26 Sep to 5 Oct, 2011
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Close
26 Sep to 5 Oct, 2011
3
Allotment
—
4
Listing
[.]
Price Band
₹84 to ₹90
Issue Size
41,66,666 shares (agg. up to ₹37 Cr)
Lot Size
60 Shares
Listing Date
[.]
✦ AI Insight
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of a Bell 407 Helicopter | 7.82 |
| 2 | Acquisition of a PC Pilatus Aircraft | 9.42 |
| 3 | Helicopter/Aircraft acquisition related direct expenses | 0.96 |
| 4 | Setting up MRO/Hangar Facility | 9.05 |
| 5 | Purchase of Office Building / Space | 3.50 |
| 6 | Working capital | 3.78 |
| 7 | General Corporate Purposes |
About Swajas Air Charters IPO
Swajas Air Charters Ltd is a a Non-Scheduled Airline Operator, servicing a fleet of fixed-wing aircraft and helicopters within and outside India.The services provided by Swajas Air can fulfill various Aviation requirements which range from corporate travel to emergency medical services as well as from aircraft management to maintenance and technical support. Swajas Air offers a number of services falling under the segments of:1. General Air-Charter Services2. Off-Shore Transportation & Logistics3. Charter Tourism4. Medical Evacuation Services5. Operations & MaintenanceSwajas clients base includes Hardy Exploration & Production (India) Inc., Government of Orissa, Videocon Industries Limited, Larsen & Toubro Limited, Nimbus Communications Limited, Suzlon Energy Limited, Apollo Hospitals Group, BALCO (Bharat Aluminium Company Limited) etc.+ Read More
Contact Details
Swajas Air Charters Ltd. Address1/62 – 4, 1st Street,Ravi Colony,St. Thomas MountChennai, Tamil Nadu, 600016+91 44 43947700compliane@swajasair.comVisit Website