Global Vectra Helicorp Ltd - IPO

Global Vectra Helicorp Ltd IPO Details

Public issue of 3,500,000 equity shares of Rs. 10 each for cash at a price of Rs.185 per equity share including a share premium of Rs.175 per equity share aggregating Rs.64.75 Crores comprising a fresh issue of 2,800,000 equity shares of Rs. 10 each by the company (fresh issue) and an offer for sale by Azal Azerbaijan Aviation Limited of 700,000 equity shares of Rs. 10 each (the offer for sale). The fresh issue and the offer for sale are jointly referred to as the issue. The issue would constitute 25.00% of the fully diluted post issue paid-up capital of the company.Issue Price is Rs.185 per equity share of face value of Rs. 10 each.The floor price is 18.5 times of the face value

Objective of issue

Fleet Expansion. Infra.Develop. Bldg. Hanagar at Juhu Aerodrome. Conversion to AS-4. Retirement of Debt. General Corporate Purposes and other expenses.

Global Vectra Helicorp Ltd Contact Details

Global Vectra Helicorp Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - raakesh@gvhl.net, globalhelicorp@ghvl.net

Website - www.globalhelicorp.com