Public issue of 44,472,381 equity shares of Rs. 10 each for cash at a price of Rs.240 per equity share aggregating Rs. 1067.34 crores by Lanco Infratech Limited (The "Company") ("The Issue"). The issue comprises a net issue to the public of 43,972,381 equity shares of Rs. 10 each (The "Net Issue") and a reservation for eligible employees of up to 500,000 equity shares of Rs. 10 each, at the issue price. The issue would constitute 20.00% of the fully diluted post issue paid up equity capital of the company.The net issue would constitute 19.78% of the fully diluted post issue paid up equity capital of the company.
Issue Price : Rs. 240/- per equity share of face value Rs. 10.00
The Issue price is 24 times of the face value.
IPO Details
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
06-Nov-2006
10-Nov-2006
₹ 240.00
₹ 0.00
Minimum Application for shares in Nos
Minimum Application for shares in Nos : 25.0 Further Multiples of : 25.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
Enam Financial Consultants Pvt Ltd
Project Financed through Current Offer
1,067.34
Post Issue Equity Share Capital
222.36
Issue Price
₹240.00
Projects
Projects
Investment in various subsidiaries
Investment in Nagarjuna Power Project
Payment for acq. of equity stake in Aban Power
Payment for acq.of equity stake in Lanco Kondapall