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Open
11 Dec 2006
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Close
15 Dec 2006
3
Allotment
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Listing
Tue, Jan 9, 2007
Price Band
₹160 to ₹190
Issue Size
36,17,99,675 shares (agg. up to ₹5,789 Cr)
Lot Size
35 Shares
Listing Date
Tue, Jan 9, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.03x |
Restated Financials (₹ Cr.)
| Period Ended | 12 Oct 2006 |
|---|---|
| Assets | 5,037.50 |
| NET Worth | 5,034.90 |
| Reserves and Surplus | 4,669.80 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Deep Industries Ltd. | Mainboard | ₹40.68 Cr | ₹36 | null | ₹27.90 | -22.50% | ₹312.25 (+4.99%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Cash consideration to be paid to Cairn UK Holdings Ltd. as consideration for shares of Cairn India Holdings Ltd. | 6,225.00 |
| 2 | Development (Development in the Rajasthan Block and additional drilling activities in Ravva and Cambay Blocks) | 5,525.00 |
| 3 | Exploration and appraisal activities including funding minimum work program for capital commitments and any additional appraisal expenditure that may arise as a result of exploration success in existing blocks and blocks that may be awarded in NELP VI round | 691.00 |
| 4 | General corporate purposes | 23.00 |
| 5 | Contingencies, including the part payment of debt outstanding at the date of completion of the Issue | 253.00 |
| 6 | Issue expenses | 185.00 |
| Total | 12,902.00 |
About Cairn India IPO
Cairn Energy PLC is public oil and gas exploration and Production Company based in Edinburgh, Scotland.Cairn India Limited is a newly incorporated Indian company and has been promoted by Cairn Energy PLC, a crude oil and natural gas exploration and production company trading on the main market of the London Stock Exchange. At the completion of the Reorganisation, the Company will acquire the Subsidiaries which hold all of the ownership and operated interests in Cairn Energy PLC’s Indian crude oil and natural gas development and production assets and the majority of its Indian crude oil and natural gas exploration assets. Upon the Company’s acquisition of the Subsidiaries, Cairn aim to be a leading participant in the Indian crude oil and natural gas industry. We estimate the total gross proved plus probable (2P) reserves attributable to the fields in production or under development in which Cairn India has interests to be 754 mmboe and its net working interest in these 2P reserves to be 472 mmboe. Most of the 2P reserves are estimated to be contained in the Rajasthan Block which is currently subject to significant appraisal and development activity. In addition to proved plus probab
Contact Details
Cairn India Ltd. Address401 Dalamal TowersNariman PointMumbai, Maharashtra, 400021+91 (22) 2287 2001preeti.chheda@cairn-energy.plc.ukVisit Website