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Birla Power Solutions Ltd - IPO

Issue Type

Public Issue

Issue Size (₹ Cr.)

₹ 50.4

Price Range (₹)

₹ 42

Lot Size

150

Min Investment (₹)

₹ 6,300.00

Listing Exchange

Mumbai

Open Date

24-Mar-2006

Close Date

29-Mar-2006

Listing Date

26-Apr-2006

Birla Power Solutions Ltd News

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Birla Power Solutions Ltd IPO Details

Public issue of 120,00,000 equity shares of Rs. 10/- each for cash at a premium of Rs.32/- per share (i.e. At a price of Rs.42/- per share) aggregating to Rs.50.4 Crores.The Issue Price is Rs.42/- per share is 4.2 times of the face value.

Objective of issue

Expansion of Existing Products Capacities. Set-up New Plant LPG\CNG Gensets,Inverter,Engines. To meet Margin money for Working Cap. Requirement. To meet the margin money for working capital req..

Birla Power Solutions Ltd Contact Details

Birla Power Solutions Ltd, E-2/3 Saki Vihar Rd, Ansa Indl Estate, Saki Naka Andheri-E, Mumbai - 400 072

Phone - 91-22-40430200

Fax - 91-22-28475207

Email - publicissue@birlagenset.com