Issue Price
₹48
Per Share
GMP
NIL
Grey Market
Est. Listing
₹48
Expected Price
Min. Application
₹12,480
2 lots × 130 shares
Gujarat Pipavav Port is the developer and operator of APM Terminals Pipavav, India's first private sector port, which has multi-cargo and multi-user operations. GPPL have the exclusive right to develop and operate APM Terminals Pipavav and related facilities until September 2028 pursuant to the Concession Agreement with GMB and the GoG.Gujarat Pipavav Port promoted by APM Terminals, one of the largest container terminal operators in the world with a global network of 50 terminals in 34 countries and five continents. In the year ended December 31, 2009, APM Terminals handled 31.0 million TEUs and had revenues of over US$ 3.00 billion.GPPL is principally engaged in providing port handling and marine services for: (1) container cargo, (2) bulk cargo, and (3) LPG cargo. In addition, they operate a CFS and also generate revenue from land-related and infrastructure activities.
Gujarat Pipavav Port Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 120,403,021 | 100.00% | ₹577.93 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 130 | ₹6,240 |
| Retail (Max) | 2 | 260 | ₹12,480 |
| sNII (Min) | 33 | 4,290 | ₹205,920 |
| bNII (Min) | 161 | 20,930 | ₹1,004,640 |
| Particulars | 31-Mar-10 | 31-Dec-09 | 31-Dec-08 |
|---|---|---|---|
| Revenue from Operations | 56.77 | 224.49 | 198.45 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 27.76 | 117.66 | 67.60 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |