Godawari Power & Ispat Ltd - IPO

Godawari Power & Ispat Ltd IPO Details

Public Issue of 8,695,000 Equity Shares of face value Rs. 10/- each at a price of Rs.81 per Equity Share for cash at a premium aggregating Rs.70.43 crores (here in after referred to as the issue). Comprising of 400,000 Equity Shares of Rs. 10/- each reserved for the employees of the company and a net offer to the public of 8,295,000 Equity Shares of 10/-. The issue would constitute 35% of the post issue paid-up capital of Godawari Power & Ispat Limited.Issue Price : Rs.81 per Equity Share of Face Value Rs.10/-eachIssue price is 8.1 times the face value

Objective of issue

Phase II Expansion (Project). General Corporate Purpose.

Godawari Power & Ispat Ltd Contact Details

Godawari Power & Ispat Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - ycrao65@gmail.com

Website - www.godawaripowerispat.com, www.hiragroup.com