Bookbuilding IPO | ₹65 Cr | Listed at BSE, NSE | Fri, Sep 29, 2006 - Fri, Oct 6, 2006
Global Vectra Helicorp IPO is a book build issue of ₹64.75 crores. The issue is a combination of fresh issue of 0.28 crore shares aggregating to ₹51.80 crores and offer for sale of 0.07 crore shares aggregating to ₹12.95 crores.
Global Vectra Helicorp IPO bidding started from Sep 29, 2006 and ended on Oct 6, 2006. The shares got listed on BSE, NSE on Oct 27, 2006.
Global Vectra Helicorp IPO is set final issue price at ₹185 per share. The lot size for an application is 30. The minimum amount of investment required by an individual investor (retail) is ₹0.00 (30 shares) (based on upper price). The lot size investment for sNII is 37 lots (1,110 shares), amounting to ₹2,05,350, and for bNII , it is 181 lots (5,430 shares), amounting to ₹10,04,550.
SBI Capital Markets Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Global Vectra Helicorp IPO RHP for detailed Information.
IPO Open
Fri, Sep 29, 2006
IPO Close
Fri, Oct 6, 2006
Issue Price
₹185 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 29 Sep to 6 Oct, 2006 |
| Listed on | Fri, Oct 27, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹175 to ₹200 |
| Issue Price | ₹185 per share |
| Lot Size | 30 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 35,00,200 shares (agg. up to ₹65 Cr) |
| Fresh Issue | 28,00,200 shares (agg. up to ₹52 Cr) |
| Offer for Sale | 7,00,000 shares of ₹10 (agg. up to ₹13 Cr) |
| Share Holding Pre Issue | 1,12,00,000 shares |
| Share Holding Post Issue | 1,40,00,200 shares |
| BSE Script Code / NSE Symbol | 532773 / GLOBALVECT |
| ISIN | INE792H01019 |
Global Vectra Helicorp IPO comprises a total issue size of 35,00,000 shares. Out of which, 17,50,000 (50.00%) are allocated to QIB, 5,25,000 (15.00%) allocated to NII 12,25,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 17,50,000 | 50.00% | NA |
| NII (HNI) Shares Offered | 5,25,000 | 15.00% | NA |
| Retail Shares Offered | 12,25,000 | 35.00% | 40,833 |
| Total Shares Offered | 35,00,000 | 100.00% |
Investors can bid for a minimum of 30 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹5,550 |
| Retail (Max) | 36 | 1,080 | ₹1,99,800 |
| S-HNI (Min) | 37 | 1,110 | ₹2,05,350 |
| S-HNI (Max) | 180 | 5,400 | ₹9,99,000 |
| B-HNI (Min) | 181 | 5,430 | ₹10,04,550 |
Global Vectra Helicorp Limited (GVHL) is an India-based offshore transportation services helicopter company. The Company provides helicopter services to oil and gas exploration, development and production companies. Global Vectra had around 12 Bell 412 helicopters each having 13 passenger seats and two pilot seats. The Company transports crew and cargo for oil and gas companies to offshore oil platforms located approximately 50 to 100 nautical miles from the coastlines of India for their exploration and production activities.
Global Vectra services its clients under contracts that contain a combination of fixed monthly rates and hourly rates. Its clients include oil and gas companies engaged in exploration and production activities in India, which include Reliance Industries Limited, British Gas India Exploration and Production Limited, and Gujarat State Petroleum Corporation Limited.
| Period Ended | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 246.21 | 45.05 | 26.88 | 7.81 |
| Total Income | 89.84 | 52.42 | 37.51 | 34.11 |
| Profit After Tax | 7.80 | -0.43 | 2.14 | 0.65 |
| NET Worth | 17.97 | 10.17 | 8.40 | 2.46 |
| Reserves and Surplus | 0.46 | 2.60 | 2.17 | 6.77 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fleet expansion | 21.20 |
| 2 | Infrastructure development - Building hangar at Juhu aerodrome, Mumbai | 0.80 |
| 3 | Conversion to AS-4 | 0.55 |
| 4 | Retirement of Debt | 1.90 |
| 5 | General corporate purposes and other expenses | |
| 6 | Cost of the Issue (borne by the Company) | 0.44 |
| KPI | Mar 31, 2005 | Mar 31, 2006 |
|---|---|---|
| RoNW | -4.24% | 45.73% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 75% |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management fee, underwriting and selling commissions | 2.03 |
| 2 | Advertising and marketing expenses | 1.21 |
| 3 | Printing and stationery | 1.41 |
| 4 | Others (Registrar’s fee, legal fee etc.) | 0.90 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹185.00 | ₹185.00 |
| Open | ₹175.00 | ₹250.00 |
| Low | ₹175.00 | ₹170.05 |
| High | ₹195.00 | ₹250.00 |
| Last Trade | ₹187.40 | ₹187.50 |
Lead Manager Reports
Global Vectra Helicorp IPO is a main-board IPO of 35,00,200 equity shares of the face value of ₹10 aggregating up to ₹65 Crores. The issue is priced at ₹185 per share. The minimum order quantity is 30.
The IPO opens on Fri, Sep 29, 2006, and closes on Fri, Oct 6, 2006.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Global Vectra Helicorp IPO using UPI as a payment gateway. Zerodha customers can apply in Global Vectra Helicorp IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Global Vectra Helicorp IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Global Vectra Helicorp IPO opens on Fri, Sep 29, 2006 and closes on Fri, Oct 6, 2006.
Global Vectra Helicorp IPO lot size is 30, and the minimum amount required for application is ₹5,550.
You can apply in Global Vectra Helicorp 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 Global Vectra Helicorp IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Global Vectra Helicorp IPO allotment status.
The Global Vectra Helicorp IPO listing date is on Fri, Oct 27, 2006.
