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Track all the latest updates and news of Indiabulls Power IPO.
November 22, 2024 9:00:00 AM
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Published by : inc42Indiabulls Power Limited IPO will list on Friday, October 30, 2009. Issue price of this IPO has been fixed at Rs 45/- per share. Indiabulls Power IPO subscribed 21.84 times(1.0913 times in retail).
IPO Listing Detail
Listing Date: Friday, October 30, 2009
BSE Script Code: 533122
NSE Symbol: IBPOW
Listing In: 'B' Group of Securities
ISIN: INE399K01017
Issue Price: Rs. 45.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share
Indiabulls Power Limited IPO allotment Status is now available online.
Indiabulls Power Limited IPO was open on Oct 12, 2009 and closed on Oct 15, 2009. IPO was oversubscribed by 21.84 times (1.0913 times in retail).
Incorporated in 2007, Indiabulls Power Limited is a power project development company. Company develops and intends to operate and maintain power projects in India. The Company is a subsidiary of IBREL (Indiabulls Real Estate), a part of the Indiabulls Group. Indiabulls Power Ltd has five thermal power projects under development, which will have a combined installed capacity of 6,615 MW.
The price band for the issue has been fixed at Rs 40/- at lower level and Rs 45/- at upper level for equity share of Rs 10/-. Indiabulls Power Ltd is entering in the capital markets with an initial public offering, IPO of 339,800,000 Equity Shares for cash, at a premium to be decided through a 100% Book Built Issue.
The issue opens on October 12, 2009, and closes for subscription on October 15, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Indiabulls Power IPO is proposed to open on October 12, 2009. The IPO application ends on October 15, 2009.
Retail investors can apply in the retail or non-institutional investor category from October 12, 2009 to October 15, 2009. The Indiabulls Power IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Indiabulls Power IPO will open for subscription on October 12, 2009. The public issue will close on October 15, 2009.
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