Gujarat Pipavav Port Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 70,937,465 (59%) | — | ₹34,050 Cr |
| NII (HNI) | — | 11,822,911 (10%) | — | ₹567 Cr |
| Retail | — | 35,468,732 (29%) | — | ₹17,025 Cr |
| Employee | — | 2,173,913 (2%) | — | ₹104 Cr |
| Σ Total | — | 120,403,021 (100%) | — | ₹577,935 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 130 | ₹6,240 |
| Retail (Max) | 13 | 1,690 | ₹81,120 |
| S-HNI (Min) | 14 | 1,820 | ₹87,360 |
| B-HNI (Min) | 67 | 8,710 | ₹418,080 |
Financial Statements Amount in ₹ Crore
| Metric | 31-Mar-10 | 31-Dec-09 | 31-Dec-08 |
|---|---|---|---|
| Revenue | 57 | 224 | 198 |
| Profit After Tax | 28 | 118 | 68 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Prepayment of loans of the Company – 1074.95
- 2 Investment in Capital Expenditure – 92.73
- 3 Investment in Capital Equipment – 33.86
- 4 General corporate purposes – 63.83
Company Overview
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.