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Open
13 Oct 2005
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Close
19 Oct 2005
3
Allotment
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Listing
Tue, Nov 8, 2005
Price Band
₹63 to ₹75
Issue Size
4,04,41,176 shares (agg. up to ₹275 Cr)
Listing Date
Tue, Nov 8, 2005
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.36x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 1,660.40 | 1,654.30 | 1,963.30 | 2,103.50 |
| Total Income | 214.60 | 774.10 | 774.10 | 843.50 |
| Profit After Tax | 42.70 | 103.70 | 67.20 | 23.20 |
| NET Worth | 587.60 | 541.00 | 467.70 | 444.20 |
| Reserves and Surplus | 476.80 | 430.20 | 348.70 | 308.70 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Jaiprakash Hydro-Power Ltd. | Mainboard | ₹576.00 Cr | ₹32 | 27.13 | ₹31.15 | -2.66% | ₹16.87 (-0.65%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Site Development and Civil Works | 146.70 |
| 2 | Plant and Machinery | 798.40 |
| 3 | Pre-operative Expenses (including issue expenses) | 21.50 |
| 4 | Margin money for working capital | 18.90 |
| 5 | Contingency | 28.30 |
| 6 | Financing cost (includes processing cost and upfront fee payable) | 14.40 |
| 7 | Interest during construction | 88.80 |
| Total | 1,117.00 |
About Gujarat Industries Power CoLtd FPO
Incorporated in 1985, Gujarat Industries Power Company Limited is an India-based power generator with a 1,184.4 MW capacity, focusing on thermal (gas and lignite) and renewable (wind and solar) plants in Gujarat. Based in Vadodara, it is promoted by prominent Gujarat State enterprises like GUVNL, GSFC, and GACL. The company operates high-capacity power projects, including Vadodara Combined Cycle and Surat Lignite Power Plants. GIPCL is increasingly focused on renewable energy, including wind and solar assets. The company operates its own captive lignite mines at Vastan, Valia, and Mangrol to fuel its Surat Lignite Power Plant. GIPCL has long-term Power Purchase Agreements (PPAs) with Gujarat Urja Vikas Nigam Ltd. (GUVNL). The company aims to become a national-level power sector enterprise, providing reliable, competitive power.+ Read More
Contact Details
Gujarat Industries Power Co.Ltd. AddressPostoffice PetrochemicaVadodara, Gujarat, 391346+ 912652232768ipo@gipcl.co.inVisit Website