Bookbuilding IPO | ₹1,067 Cr | Listed at BSE, NSE | Mon, Nov 6, 2006 - Fri, Nov 10, 2006
Lanco Infratech IPO is a book build issue of ₹1,067.34 crores. The issue is entirely a fresh issue of 4.45 crore shares of ₹1,067.34 crore.
Lanco Infratech IPO bidding started from Nov 6, 2006 and ended on Nov 10, 2006. The shares got listed on the NSE and the BSE on Nov 27, 2006.
Lanco Infratech IPO is set final issue price at ₹240 per share.
Axis Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Lanco Infratech IPO RHP for detailed Information.
IPO Open
Mon, Nov 6, 2006
IPO Close
Fri, Nov 10, 2006
Issue Price
₹240 per share
Market Cap (Pre-IPO)
₹5,336.69 Cr
| IPO Date | 6 to 10 Nov, 2006 |
| Listed on | Mon, Nov 27, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹200 to ₹240 |
| Issue Price | ₹240 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 4,44,72,381 shares (agg. up to ₹1,067 Cr) |
| Fresh Issue | 4,44,72,381 shares (agg. up to ₹1,067 Cr) |
| Share Holding Pre Issue | 17,78,89,524 shares |
| Share Holding Post Issue | 22,23,61,905 shares |
| BSE Script Code / NSE Symbol | 532778 / LITL |
| ISIN | INE785C01048 |
Lanco Infratech IPO comprises a total issue size of 4,44,72,381 shares. The net offer to the public is 4,39,72,381 shares, after excluding 5,00,000 shares under a preferential allotment. Of the Net offer 2,63,83,429 (60.00%) are allocated to QIB, 43,97,238 (10.00%) allocated to NII 1,31,91,714 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 2,63,83,429 | 60.00% | 59.33% |
| NII (HNI) Shares Offered | 43,97,238 | 10.00% | 9.89% |
| Retail Shares Offered | 1,31,91,714 | 30.00% | 29.66% |
| Preferential Reservations | |||
| Employee Shares Offered | 5,00,000 | 1.12% | |
| Total Shares Offered | 4,44,72,381 | 100.00% | 100.00% |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Lanco Infratech Limited is an infrastructure development company with interests in power, construction and property development. As of March 31, 2006, the Company owned 10 power projects. As of March 31, 2006, the Company owned 33.9% of Lanco Kondapalli Power Private Limited, which owns and operates the Kondapalli Power Plant, and has agreed to acquire an additional 25.1% equity stake from Globeleq Holding (Kondapalli) Limited, by October 8, 2006. The Kondapalli Power Plant has an operating capacity of 368.1 megawatts. In the construction business, the Company is engaged in constructing power projects, transportation networks, water supply works, and commercial and residential building complexes. In the property business, has won bids to develop approximately 19.5 million square feet of saleable area, including a 100-acre integrated information technology (IT) park and township and a 21.8-acre residential development, both located in Hyderabad.
| Period Ended | 30 Jun 2006 | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|---|
| Assets | 1,261.78 | 252.05 | 162.53 | 138.45 |
| Total Income | 110.96 | 148.39 | 185.29 | 130.77 |
| Profit After Tax | 9.33 | 9.15 | 3.27 | 3.46 |
| NET Worth | 300.09 | 95.43 | 78.36 | 69.17 |
| Reserves and Surplus | 243.31 | 64.66 | 70.67 | 61.47 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in Subsidiaries - LAPPL - Lanco Amarkantak Power Plant | 255.70 |
| 2 | Investment in Subsidiaries - LGPPPL - Budhil Power Project | 39.90 |
| 3 | Investment in Subsidiaries - VIPL - Vamshi Industrial Power Project | 7.10 |
| 4 | Investment in Subsidiaries - VHEPL - Vamshi Hydro Power Project | 6.80 |
| 5 | Investment in Subsidiaries - Lanco Hills - Hyderabad Property Project | 28.10 |
| 6 | Investment in Nagarjuna Power Project | 642.30 |
| 7 | Payment for acquisition of 13.3% equity interest in Aban Power to Aban Ventures | 35.00 |
| 8 | Acquisition of 25.1% equity interest in Lanco Kondapalli to Globeleq: USD 30 million | 139.50 |
| 9 | General Corporate Purposes | |
| 10 | Issue expenses | 29.71 |
| KPI | Mar 31, 2006 |
|---|---|
| RoNW | 15.1% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 93.75% | 75% |
| Market Cap | ₹5,336.69 Cr. |
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 and underwriting commissions | 15.21 |
| 2 | Advertising and Marketing expenses | 6.00 |
| 3 | Printing and stationery | 4.00 |
| 4 | Others (Registrars fee, legal fee, listing fee etc.) | 4.50 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹240.00 | ₹240.00 |
| Open | ₹270.00 | ₹270.00 |
| Low | ₹239.55 | ₹240.00 |
| High | ₹275.00 | ₹290.00 |
| Last Trade | ₹241.40 | ₹241.40 |
Lanco Infratech IPO is a main-board IPO of 4,44,72,381 equity shares of the face value of ₹10 aggregating up to ₹1,067 Crores. The issue is priced at ₹240 per share. The minimum order quantity is .
The IPO opens on Mon, Nov 6, 2006, and closes on Fri, Nov 10, 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 Lanco Infratech IPO using UPI as a payment gateway. Zerodha customers can apply in Lanco Infratech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Lanco Infratech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Lanco Infratech IPO opens on Mon, Nov 6, 2006 and closes on Fri, Nov 10, 2006.
Lanco Infratech IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Lanco Infratech 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 Lanco Infratech IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Lanco Infratech IPO allotment status.
The Lanco Infratech IPO listing date is on Mon, Nov 27, 2006.
