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Jupiter Wagons Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 172.41

Price Range (₹)

₹ 127

Lot Size

55

Min Investment (₹)

₹ 6,985.00

Listing Exchange

MumbaiNSE

Open Date

30-Sep-2010

Close Date

05-Oct-2010

Listing Date

18-Oct-2010

Jupiter Wagons Ltd News

Price Performance

1 Week-4.35
1 Month21.60
3 Month3.56
6 Month-20.56
1 Year63.46
3 Year1196.61

Jupiter Wagons Ltd IPO Details

Public issue of 13,575,831 equity shares of face value of Rs. 10 each (Equity Shares) consisting of a fresh issue of 12,047,244 equity shares by Commercial Engineers & Body Builders Co Limited (The Company or Issuer) at a price of Rs. 127 per equity share for cash aggregating to Rs. 153.00 crores (Fresh Issue) and an Offer for Sale of 1,528,587 equity shares by New York Life Investment Management India Fund (FVCI) II LLC and Commercial Automobiles Private Limited (The Selling Shareholders) at a price of Rs. 127 per equity share for cash aggregating to Rs. 19.41 crores (Offer for Sale). The Fresh Issue and Offer for Sale are hereinafter referred to collectively as the Issue. The issue will constitute 24.71% of the fully diluted post issue paid-up capital of the company, being less than 25% of the post issue capital.The face value of the equity shares is Rs. 10 each.The issue price: Rs. 127 per equity share. The issue price is 12.7 times of the face value.

Objective of issue

Capital expenditure for the Railway Project. Prepayment of Identified Loan Facilities. General corporate purposes.

Jupiter Wagons Ltd Contact Details

Jupiter Wagons Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

Phone - 91-040-44655185/44655000

Fax - 91-040-23420814/23420857

Email - cs@jupiterwagons.com

Website - www.jupiterwagons.com