Lanco Infratech Ltd - IPO

Lanco Infratech Ltd IPO Details

Public issue of 44,472,381 equity shares of Rs. 10 each for cash at a price of Rs.240 per equity share aggregating Rs. 1067.34 crores by Lanco Infratech Limited (The Company) (The Issue). The issue comprises a net issue to the public of 43,972,381 equity shares of Rs. 10 each (The Net Issue) and a reservation for eligible employees of up to 500,000 equity shares of Rs. 10 each, at the issue price. The issue would constitute 20.00% of the fully diluted post issue paid up equity capital of the company.The net issue would constitute 19.78% of the fully diluted post issue paid up equity capital of the company.Issue Price : Rs. 240/- per equity share of face value Rs. 10.00The Issue price is 24 times of the face value.

Objective of issue

Investment in various subsidiaries. Investment in Nagarjuna Power Project. Payment for acq. of equity stake in Aban Power. Payment for acq.of equity stake in Lanco Kondapall. General corporate purposes.

Lanco Infratech Ltd Contact Details

Lanco Infratech Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - complianceofficer.litl@lancogroup.com

Website - www.lancogroup.com