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Gayatri Projects IPO is a book build issue .
Gayatri Projects IPO bidding started from Sep 26, 2006 and ended on Sep 29, 2006. The shares got listed on BSE on Oct 17, 2006.
Gayatri Projects IPO price band is set at ₹295.00 per share . The lot size for an application is 20. The minimum amount of investment required by an retail is ₹5,500 (20 shares). The lot size investment for sNII is 34 lots (680 shares), amounting to ₹2,00,600, and for bNII, it is 170 lots (3,400 shares), amounting to ₹10,03,000.
Almondz Global Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Gayatri Projects IPO RHP for detailed Information.
| IPO Date | September 26, 2006 to September 29, 2006 |
| Listing Date | October 17, 2006 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹275 to ₹295 per share |
| Issue Price Final | ₹295 per share |
| Lot Size | 20 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE |
| Share Holding Pre Issue | 90,00,000 shares |
| Share Holding Post Issue | 1,00,00,000 shares |
Gayatri Projects IPO opens on September 26, 2006, and closes on September 29, 2006.
| IPO Open Date | Tue, Sep 26, 2006 |
| IPO Close Date | Fri, Sep 29, 2006 |
| Tentative Listing Date | Tue, Oct 17, 2006 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Sep 29, 2006 |
Investors can bid for a minimum of 20 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 20 | ₹5,900 |
| Retail (Max) | 33 | 660 | ₹1,94,700 |
| S-HNI (Min) | 34 | 680 | ₹2,00,600 |
| S-HNI (Max) | 169 | 3,380 | ₹9,97,100 |
| B-HNI (Min) | 170 | 3,400 | ₹10,03,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Gayatri Projects Limited (GPL), formerly Andhra Coastal Construction Private Limited, is engaged in the execution of civil works.
The Company provides engineering, procurement, construction and project management services for various infrastructure projects. GPL has executed various projects in different sectors of infrastructure like highway, irrigation projects, mass excavation, ports, airports and industrial civil works. The Company has constructed about 644 kilometers of the highways and 1113 kilometers of irrigation canals. GPL has executed 21 irrigation projects, seven projects for construction of dams and reservoir, nine highway and runway projects, eight site leveling projects and three industrial projects. The Company has completed projects, such as construction of five packages of Narmada Main Canal comprising of the 50.60 kilometers and Upper Krishna Project comprising of 44 kilometers.
The Company Gayatri IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Investment in Special Purpose Vehicle (SPV) company for execution BOT/BOOT Project | 20.00 |
| 2 | Repayment of Debt | 7.17 |
| 3 | Issue Expenses | 2.33 |
| Listing Date | October 17, 2006 |
| BSE Script Code | 532767 |
| NSE Symbol | GAYAPROJ |
| ISIN | INE336H01015 |
| Final Issue Price | ₹295 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹295.00 |
| Open | ₹333.00 |
| Low | ₹293.40 |
| High | ₹348.00 |
| Last Trade | ₹298.85 |
Gayatri Projects Ltd.
Gayatri Projects Limited,
G-2, Mangal Adesh Society, 4th Road, T.P.S III,
Santacruz (East), Mumbai – 400 055, India.
Mumbai, Maharashtra
Phone: +91 22 26131827
Email: publicissue@gayatri.co.in
Website: http://www.gayatri.co.in
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: gayatri.ipo@karvy.com
Website: https://ipostatus.kfintech.com/
Gayatri Projects IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at ₹295 per share. The minimum order quantity is 20.
The IPO opens on September 26, 2006, and closes on September 29, 2006.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in Gayatri Projects IPO using UPI as a payment gateway. Zerodha customers can apply in Gayatri Projects IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Gayatri Projects IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Gayatri Projects IPO opens on September 26, 2006 and closes on September 29, 2006.
Gayatri Projects IPO lot size is 20, and the minimum amount required for application is ₹5,900.
You can apply in Gayatri Projects IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Gayatri Projects IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Gayatri Projects IPO allotment status.
The Gayatri Projects IPO listing date is on Tuesday, October 17, 2006.
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