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Mundra Port IPO is a book built issue of Rs 1,771.00 crores.
Mundra Port IPO bidding started from November 1, 2007 and ended on November 7, 2007. The shares got listed on BSE, NSE on November 27, 2007.
Mundra Port IPO price band is set at ₹400 to ₹440 per share. The minimum lot size for an application is 15 Shares. The minimum amount of investment required by retail investors is ₹6,600.
Bofa Securities India Limited, Axis Capital Limited, Jm Financial Limited and Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) are the book running lead managers of the Mundra Port IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Mundra Port IPO DRHP for detailed information.
IPO Date | November 1, 2007 to November 7, 2007 |
Listing Date | November 27, 2007 |
Face Value | ₹10 per share |
Price Band | ₹400 to ₹440 per share |
Lot Size | 15 Shares |
Total Issue Size | 40,250,000 shares (aggregating up to ₹1,771.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Investors can bid for a minimum of 15 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 15 | ₹6,600 |
Retail (Max) | 30 | 450 | ₹198,000 |
Lot Size Calculator |
Mundra Port and Special Economic Zone Limited is developer and operator of the Mundra Port, a leading sea port located in Kutch Gujrat. Mundra Port is Adani Group promoted company and has exclusive right to develop and operate Mundra Port and related facilities for 30 years starting from February 17, 2001. Mundra Port provides port services for bulk cargo, container cargo, crude oil cargo and value-added port services, including railway services.
Promoter of Mundra Port, Adani Group is a diversified group with around Rs 16,000 crore turnover. Incorporated in 1988, Adani Group is involve in businesses like commodities trading, coal mining, power trading, power generation, real estate development, agro processing and logistics, shipping and port operations.
In April 12, 2006 Mundra Port received approval as a developer of a multi-product SEZ at Mundra and the surrounding areas, which will be the first port based multi product SEZs in India. Mundra SEZ will provide integrated infrastructure including world-class Industrial, Business, and Social infrastructure like development of Industrial plots, Commercial and Residential buildings, Schools, Colleges, Hospital, Entertainment, Sports and Recreation facilities.
Mundra Port's income has grown at a compound annual growth rate of 51.2% from Rs. 1,676.7 million in fiscal 2004 to Rs. 5,797.4 million in fiscal 2007. Company�s net profit in fiscal 2006 was Rs. 737.5 million and in fiscal 2007 was Rs. 1,931.2 million.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for
1. Construction and development of basic infrastructure and the allied facilities in the proposed SEZ at Mundra;
2. Construction and development of a terminal for coal and other cargo at Mundra Port;
3. Contribution towards investment in Adani Petronet (Dahej) Port Private Limited;
4. Contribution towards investment in Adani Logistics Limited and
5. Contribution towards investment in Inland Container Private Limited.
The Mundra Port IPO is subscribed 115.84 times on Nov 7, 2007 5:00:00 PM. The public issue subscribed 16.19 times in the retail category, 159.60 times in the QIB category, and 156.45 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|
Listing Date | November 27, 2007 |
BSE Script Code | 532921 |
NSE Symbol | ADANIPORTS |
ISIN | INE742F01042 |
Final Issue Price | ₹440 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE |
---|
₹440.00 |
₹770.00 |
₹770.00 |
₹1,150.00 |
₹961.70 |
NSE |
---|
₹440.00 |
₹770.00 |
₹770.00 |
₹1,050.00 |
₹962.90 |
Mundra Port and Special Economic Zone Ltd
Adani House,
Near Mithakhali Six Roads,
Navrangpura, Ahmedabad 380 009 India
Phone: (91 79) 2656 5555
Email: dshah@adanigroup.com
Website: http://www.portofmundra.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: mpsezl-ipo@intimespectrum.com
Website: https://linkintime.co.in/mipo/ipoallotment.html
Mundra Port IPO is a main-board IPO of 40,250,000 equity shares of the face value of ₹10 aggregating up to ₹1,771.00 Crores. The issue is priced at ₹400 to ₹440 per share. The minimum order quantity is 15 Shares.
The IPO opens on November 1, 2007, and closes on November 7, 2007.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Mundra Port IPO opens on November 1, 2007 and closes on November 7, 2007.
Mundra Port IPO lot size is 15 Shares, and the minimum amount required is ₹6,600.
You can apply in Mundra Port 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 Mundra Port IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Mundra Port IPO allotment status.
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