Jaiprakash Power Ventures Ltd - IPO

Jaiprakash Power Ventures Ltd IPO Details

Public offer of 180000000 equity shares of Rs 10 each of Jaiprakash Hydro-Power Ltd (JHPL) (the company) through offer for sale by Jaiprakash Associates (JAL) (the selling shareholder), at a price of Rs 32 per equity share for cash aggregating Rs 576 crore (hereinafter referred to as the offer). The offer includes reservation of 10% of the offer size for employees and directors of the company and JAL and a further 10% of the offer size for the shareholders of JAL and Jaypee Hotels Ltd. The offer would constitute 36.66% of the fully diluted post offer paid-up capital of the company.

Objective of issue

Offer for sale by the selling shareholders..

Jaiprakash Power Ventures Ltd Contact Details

Jaiprakash Power Ventures Ltd, 46,Avenue 4, Street No 1, Banjara Hills, Hyderabad - 500034

Phone - 91-040-23431546/49

Fax - 91-40-23431551

Email - jpvl.investor@jalindia.co.in

Website - www.jppowerventures.com