Adani Power Limited IPO (Adani Power IPO) Detail

Jul 28, 2009 - Jul 31, 2009

Incorporated in 1996, Adani Power Limited (APL), is a power project development company. Company operates and maintains power projects across India. Adani Power Limited is a part of Adani Group, a leading business group in India. Currently Adani group has presence in coal mining; coal trading, shipping, power generation, power transmission and power trading.

Adani Power has four thermal power projects under various stages of development, with a combined installed capacity of 6,600 MW. In addition they are also planning to develop two thermal power projects at Dahej and Kawai with a combined installed capacity of 3,300 MW.

Adani Power Limited is planning to implement Mega Thermal Power Projects at various locations in India in view of the growing needs of power requirements in the country. APL propose to implement 2640 MW Coal based Thermal Power Project at Mundra, Dist. Kutch, Gujarat, India. APL also propose to implement 1320 MW Coal based Thermal Power Project at Tiroda, Gondia, Maharashtra through its 100% subsidiary, Adani Power Maharashtra Ltd. (APML). APL is also actively planning to implement other Thermal Power Stations at various locations in India, totaling to about 10000 MW in the coming years.

Adani Power IPO Details

IPO Date Jul 28, 2009 to Jul 31, 2009
Listing Date Aug 20, 2009
Face Value ₹10 per share
Price ₹90 to ₹100 per share
Lot Size 65 Shares
Total Issue Size301,652,031 shares
(aggregating up to ₹3,016.52 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Adani Power IPO Reservation

QIB Shares Offered123,333,869 (49.57%)
NII (HNI) Shares Offered29,365,203 (11.80%)
Retail Shares Offered88,095,609 (35.41%)
Total Shares Offered248,794,681

Adani Power IPO Lot Size

The Adani Power IPO lot size is 65 shares.

Application Lots Shares Amount
Retail (Min) 1 65 ₹6,500
Retail (Max) 30 1950 ₹195,000
Lot Size Calculator

Objects of the Issue

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital:
1. To part finance the construction and development of Mundra Phase IV Power Project, for 1,980 MW;
2. Funding equity contribution in our subsidiary Adani Power Maharashtra Limited to part finance the construction and development cost of power project for 1,980 MW at Tiroda, Maharashtra;
3. General corporate purposes.

Adani Power IPO Subscription Status (Bidding Detail)

The Adani Power IPO is subscribed 21.64 times on Jul 31, 2009 5:00:00 PM. The public issue subscribed 2.97 times in the retail category, 39.48 times in the QIB category, and 8.62 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Adani Power Limited IPO Grading / Rating

ICRA has assigned an IPO Grade 3 to Adani Power Limited IPO. This means as per ICRA, company has average fundamentals. ICRA assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Link to download ICRA rating document.

Adani Power IPO Prospectus

Adani Power IPO Rating

Rating:Rated 4.0 stars
Vote Here ...

Adani Power IPO Listing Details

Listing Date Aug 20, 2009
BSE Script Code 533096
ISIN INE814H01011
Final Issue Price ₹100 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Company Contact Information

Adani Power Limited
Shikhar, Near Adani House,
Mithakhali Six Roads,
Navrangpura, Ahmedabad 380 009
Phone: +91-79-2656 5555
Email: ipo@adanipower.com
Website: http://www.www.adanipower.com

Adani Power IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: adanipower.ipo@karvy.com
Website: https://karisma.kfintech.com/

Adani Power IPO FAQs

Adani Power IPO is a main-board IPO of 301,652,031 equity shares of the face value of ₹10 aggregating up to ₹3,016.52 Crores. The issue is priced at ₹90 to ₹100 per share. The minimum order quantity is 65 Shares.

The IPO opens on Jul 28, 2009, and closes on Jul 31, 2009.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Adani Power IPO opens on Jul 28, 2009 and closes on Jul 31, 2009.

Adani Power IPO lot size is 65 Shares and the minimum order quantity is .

You can apply in Adani Power IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Adani Power IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Adani Power IPO allotment status.

The Adani Power IPO listing date is on Aug 20, 2009.
Open an Instant Account with Zerodha

Adani Power IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members



1706. Ravi, Bangalore |   Link |Dec 24, 2009 11:41:34 AM
Adani Power 99.15- Target 99.7-102.3 zone, Stop-loss 92. Support 96.8-95.25 area.

If breaches 90, fall to 87.8 and then, even to 85.55-82.95 range.

Validity: 31-12-2009. Fresh view required after validity period.

My view is based on technical analysis.
1705. Ravi, Bangalore |   Link |Oct 26, 2009 7:00:01 PM
Dear 1706. poonam j. patel / 1705. NEERA SHARMA / 1704. Sanjay V Shah

No use of asking Chittorgarh Board Members. We are also common investors like you.

Contact REGISTRAR OF THE ISSUE. If you do not get any reply from Registrar within 15 days, then contact COMPANY.

Contact details of Registrar & Company are given in this web-site itself!
1704. poonam j. patel |   Link |Oct 26, 2009 10:19:17 AM
dear sir i have not recieve 65 alloted shares because the reson give by your side is client id is not correct in your record i allready sent correct dp id and client id i give you details of my application
application no - 16894060
ref no- 1055557
dp id- IN300974
client id - 10882825
shares applied - 130
shares alloted - 65
so sir please allote my 65 adani power shares in my demat a/c after check record
1703. NEERA SHARMA |   Link |Sep 25, 2009 11:27:30 AM
Dear Sir,

I have not received my refund for adani power ltd. my application no is 3444940.


Neera Sharma
1702. Sanjay V Shah |   Link |Sep 22, 2009 2:18:35 PM
Dear Sir,

I have applied in IPO for 130 Shares i have confirm alltoment of 65 Share but till date i have not received balance payment of Rs.6500.00. Please do the needful in this matter.

1701. HARISH KUMAR |   Link |Sep 19, 2009 3:43:58 PM
DP ID 12037200 CLIENT ID 054809 app. no.52780421
Refund order not received till now.desipte verifing in post office.
1700. Karvy consultants |   Link |Sep 15, 2009 3:03:18 PM
Dear Harish Bhat,

Thanks for your concern. We will look into the matter and get back to you within a couple of days.

Best Regards,
Karvy Consultants
1699. avinash |   Link |Sep 12, 2009 11:38:48 PM
adani power looks good enough for 115-120 in d coming week, let all d pessimistic guys complaint, d company will hav operational power plant dis november unlike Rel power which still has everything on paper
1698. Harish Bhat |   Link |Sep 12, 2009 12:12:34 PM
Hi Karvy,

I didn't get the refund amount of Adani Power shares till now, I verified with the local post office thay told it is sent back to the sender on 1st Sep 2009 because the To address was not proper. Here are the details:
a) Application Number: 72831128
b) No. of Shares Applied :455
c) No. of Shares Allotted :172
d) Cheque No. :0820026
e) Refund amount (Rs.) :28,300
f) Dispatch ID :87674

Please look into this issue and send back the cheque to the following address:
Harish Bhat
#163/12, Sri Jaganmatha
1st main, 1st cross, vinoba colony
Avalahalli, Bangalore-560026
State: Karnataka
1697. sandy |   Link |Sep 9, 2009 4:29:07 PM
whoever did not get refund,
please send them indemnity bond.the format is here.

(To be executed on Rs. 20.00 non-judicial stamp paper)

Dear Sirs,
This is to certify that I/we have lost/misplaced/not received Refund Order as per details given below:

Application no. Refund no. Reference no. Refund Amount

I/We hereby request you to please issue me/us a duplicate of the above said Refund Order.
I/We hereby agree to indemnify the Company in the manner hereinafter stated:
I/We have not encashed negotiated or otherwise dealt in so as to create any adverse claim upon the amount of the Refund Order.

Now it is hereby agreed that in consideration of the Company is issuing the duplicate Refund Order for the said amount I/we hereby convenient at all times hereafter and from time to time save, defend and keep indemnified the Company and their estates and effects from and against allocations, costs, suits, legal proceedings, Accounts claims, demands, losses, charges, expenses and liabilities of whatsoever nature which the Company may sustain or incur by reason of such issue of Duplicate Refund Order and also from and against any action which may be brought against the company by any claiming the interest accrued thereon and from and against all damages, costs, charges, expenses which the Company may incur in respect thereof or otherwise in relation to the premises.

It is hereby further agreed that I/we hereby undertake to return and deliver such duplicate Refund Order to the Co., on demand by the Co., and with or without such demand to produce and/or return the original Refund Order received at their own cost as the Co., shall require for the recovery thereof or otherwise in relation to the premises.

IN WITNESS WHERE OF I/WE HERE TO HAVE HERE UNTO SET AND SUBSCRIBED OUR RESPECTIVE HANDS AT ........................ THIS ........................... (Date).............................................THE DAY OF ........
20 .......................

SIGNATURE ...................
ADDRESS ......................

SIGNATURE ...................
ADDRESS ......................
PHONE NO:...................

SIGNATURE ...................
ADDRESS ......................
PHONE NO:...................
1696. Praveen |   Link |Sep 9, 2009 2:19:21 PM
My DPID : IN302236
Client ID:11463240
AppNo : 15820419
Applied : 130
Alloted :0
But still I haven't got refund cheque.What I need to do
1695. Coachipo |   Link |Sep 9, 2009 12:25:05 PM
Hi 1697 Harish /All,

For allotment/refund status , please give following details:

A/c type: NSDL/CDSL
If NSDL then : DP ID & Client ID
If CDSL then only Client ID

1694. HARISH KUMAR |   Link |Sep 8, 2009 2:09:11 PM
APP.NO.5780421 REFUNDORDER NO.5399 REF.661521
1693. Dr N K Agrawal |   Link |Sep 8, 2009 9:33:47 AM
Any body for allotmest or refund issue may contact Karvy on toll free no 1-800-3454001.
1692. Praveen |   Link |Sep 7, 2009 2:20:35 PM
Hello sir,
My application number is 15820419 I applied for 2 lots and alloted 0 shares but still I have not received cheque.What I need to do whom I need to contact.

1691. REKHA |   Link |Sep 6, 2009 2:48:00 PM
i have appiled ADANI POWER IPO, but refund order not recd.till today.I CONTCT WITH POST OFFICE BUT REFUND NOT RECD.My details as below-
APP.NO. - 21798096, MOB.NO.919414331064, CHQUE NO.583922,THE BANK OF RAJ.ANOOPGARH
APP.AMOUNT- 26000.00
1690. Jansi |   Link |Sep 5, 2009 12:58:26 AM
Hello, I have applied Adani Power IPO through ICICI Securities. My application No is 34517486. I have not received any refunds so for. Could you please check it?
1689. Sandeep R Dhore |   Link |Sep 4, 2009 11:34:09 AM
My Application No is 34552521 and i have still not recevid the refund kindly confirm the status
1688. VISHNU PRATAP INGHS |   Link |Sep 3, 2009 9:53:29 PM
application no 34529396

i have not received the refund of adani power ipo the simple way to refund is if you deposit the cheque in any icici bank it can be credited as all icici banks are online but you want to harasses the investor i paid the money through icici bank online all army address the post should be with registered post my mobile no 09469411592

Ref: sai/STAT/ADPL/4907/768773 Dt.: 28/08/2009

Dear Investor,

Application No: 34529396
Ref : Your e-mail Dated 24/08/2009

We are addressing this communication in response to your e-mail cited above with regard
to non-receipt of any communication in respect of the application made by you in the
PUBLIC ISSUE of the aforesaid company.

We have perused the record and regret to inform that your application was not successful
in getting allotment of shares since the issue was heavily oversubscribed. We have
accordingly issued refund order for the amount paid by you on the application and
complete particulars thereof are furnished below.

a) No. of Shares Applied :195
b) No. of Shares Allotted :NIL
c) Refund order No. :141896
d) Cheque No. :141401
e) Refund amount (Rs.) :18525
f) Date of Posting :14/08/2009
g) R L No. :141896

We hope you would have received the said refund order by now, since same has not
been returned undelivered by postal authorities.

Customer Care
Karvy Computershare Pvt Ltd
1687. JIGNESH PATEL |   Link |Sep 3, 2009 9:36:22 AM

As per your application Number - 15800509 enable to find it on karvey site so request you to contact your DP : KOTAK and query about the same as application is not submited sucessfully.