Gujarat Pipavav Port IPO opening on Aug 23, 2010 - Indian IPO Blog

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Tuesday, August 17, 2010

Gujarat Pipavav Port IPO opening on Aug 23, 2010

Gujarat Pipavav Port Limited (GPPL), the developer and operator of APM Terminals Pipavav, located in the Saurashtra region of Gujarat, is coming up with an IPO, which would be open for subscription between August 23, 2010 and August 26, 2010

Gujarat Pipavav Port Limited (GPPL) has the exclusive right to develop and operate APM Terminals Pipavav and related facilities until September 2028. Kotak Mahindra Capital, IDFC Capital and IDBI Capital would be the Book Running Lead Managers to the Issue

The Objects to the Issue are:
(a) Prepayment of loans;
(b) Investment in capital expenditure;
(c) Investment in capital equipment; and
(d) General Corporate Purposes

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