Public Issue of 8,275,556 Equity Shares of Rs. 10 each for cash at a price of Rs.310 per Equity Share inlcuding a share premium of Rs. 300 Per Equity Share aggregating Rs. 256.50 crores (referred to as the "Issue"). The Issue comprises a Net Issue to the Public of upto 7,861,778 Equity Shares of Rs. 10 each(the "Net Issue") and a Reservation for existing Retail Public Shareholders of GIL("GIL Retail Public Shareholder Portion") of upto 5% of the Issue or 413,778 Equity Shares. The Issue will constitute 35% of the fully diluted post issue paid-up capital of the company.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
02-Feb-2006
07-Feb-2006
₹ 310.00
₹ 0.00
Minimum Application for shares in Nos : 20.0
Further Multiples of : 20.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
237.30
J M Share & Stock Brokers Ltd
Project Financed through Current Offer
256.54
Post Issue Equity Share Capital
23.64
Issue Price
₹310.00
Projects
Investment in GPL for setting up 464MW Power Plant
Repayment of bridge finance aviled for GPL P Plant