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Open
18 May 2006
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Close
26 May 2006
3
Allotment
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Listing
Mon, Jun 12, 2006
Price Band
₹148 to ₹175
Issue Size
2,45,46,000 shares (agg. up to ₹363 Cr)
Listing Date
Mon, Jun 12, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.13x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Nov 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 190.57 | 177.68 | 48.24 | 13.46 |
| Total Income | 518.29 | 320.28 | 67.36 | 23.49 |
| Profit After Tax | -123.86 | -19.53 | 0.56 | 0.62 |
| NET Worth | -114.15 | -12.37 | 14.12 | 5.26 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up a training centre | 65.67 |
| 2 | Setting up a hangar facility for basic and medium-level maintenance checks at Chennai | 40.02 |
| 3 | Setting up infrastructure at airports | 17.08 |
| 4 | Market development initiatives | 45.22 |
| 5 | Debt repayment | 132.75 |
| 6 | General corporate purposes | 41.95 |
| Total | 342.70 |
About Deccan Aviation IPO
Deccan Aviation Limited is an Indian aviation company. It is one of the India’s private aviation sector and played a key role in developing low-cost air travel in the country. The company initially focused on helicopter services, offering charter operations for corporate travel, tourism, medical emergencies, and government use. It later gained prominence through its association with the low-cost airline Air Deccan. Air Deccan began scheduled operations in August, 2003, with a single ATR turboprop aircraft flying a single route between Bangalore and Hubli. Business model: Selecting routes to stimulate demand. Offering low fares to stimulate demand Reducing costs, increasing utilisation. Providing a safe and on-time service. Increasing ancillary revenues. Competitive Strengths: First mover advantage Simplifly Strong management team, with leading low-cost carrier expertise. Load factor and yield management through dynamic pricing. + Read More
Contact Details
Deccan Aviation Ltd. Address35/2, Cunningham RoadBengaluru, Karnataka, 56005291 80 4114 8190investors@airdeccan.netVisit Website