Gujarat Pipavav Port is the developer and operator of APM Terminals Pipavav, India's first private sector port, which has multi-cargo and multi-user operations. GPPL have the exclusive right to develop and operate APM Terminals Pipavav and related facilities until September 2028 pursuant to the Concession Agreement with GMB and the GoG.
Gujarat Pipavav Port promoted by APM Terminals, one of the largest container terminal operators in the world with a global network of 50 terminals in 34 countries and five continents. In the year ended December 31, 2009, APM Terminals handled 31.0 million TEUs and had revenues of over US$ 3.00 billion.
GPPL is principally engaged in providing port handling and marine services for: (1) container cargo, (2) bulk cargo, and (3) LPG cargo. In addition, they operate a CFS and also generate revenue from land-related and infrastructure activities.
The Promoters of the Company are:
1. APM Terminals B.V.;
2. APM Terminals Mauritius Holding Limited; and
3. APM Terminals Mauritius Limited.
|Particulars||For the year/period ended (Rs. in Million)|
|Profit After Tax (PAT)||(277.66)||(1,176.69)||(676.01)||(460.22)||(518.34)||(525.52)|
The objects of the Issue are to:
1. Infuse funds for certain elements of ongoing expansion plan, as under:
a. Construction of Container Yards and allied facilities at Port Pipavav;
b. Phase 2 of capital dredging at Port Pipavav;
c. Purchase of Post Panamax Quay Cranes;
d. Purchase of Rubber Tyred Gantry (RTG) Cranes;
2. Repayment of Sponsor Support Loan to the Promoter, APMT Mauritius;
3. General Corporate Purposes; and
4. Achieve the benefits of listing on the Stock Exchanges.
»» Issue Open: Aug 23, 2010 - Aug 26, 2010
»» Issue Type: Book Built Issue IPO
»» Issue Size: 108,695,652 Equity Shares of Rs 10 aggregating up to Rs 500.00 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 42 - Rs 48 Per Equity Share
»» Market Lot: 130 Shares
»» Minimum Order Quantity: 130 Shares
»» Listing At: BSE, NSE
CRISIL has assigned an IPO Grade 4 to Gujarat Pipavav Port Ltd (GPPL) IPO. This means as per CRISIL company has 'Above Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for Gujarat Pipavav Port Ltd (GPPL).
Check IPO Ratings from other stock analysts.
Gujarat Pipavav Port Ltd IPO, GPPL IPO, Gujarat Pipavav Port IPO Bidding, GPPL IPO Allotment Status, Gujarat Pipavav Port drhp and Gujarat Pipavav Port Limited IPO listing.
|Number of Times Subscribed (BSE + NSE)|
|As on Date & Time||QIB||NII||RII||Employee||Total|
|Shares Offered / Reserved||56,632,410||12,852,456||38,557,368||2,380,952||110,423,186|
|Day 1 - Aug 23, 2010 17:00 IST||0.0000||0.0100||0.1000||0.0000||0.0300|
|Day 2 - Aug 24, 2010 17:00 IST||0.1000||0.5900||0.3200||0.0000||0.2300|
|Day 3 - Aug 25, 2010 17:00 IST||13.2000||1.2000||0.9200||0.0100||7.2300|
|Day 4 - Aug 26, 2010 17:00 IST||13.2000||85.7000||9.1500||0.0900||19.9400|
Vote Here ...
Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.
We can help you choosing the right broker. Contact us today...
Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
Flat Rs 20 Per Trade
Free Equity Delivery Trades
Rs 100 off on account opening*
(* on online account opening)
Beginner, seasoned investor, active trader or HNI. Get customised solutions.
Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)
Request Call Back