The book-built IPO of Rs 700.00 crore is called IL&FS Transportation. Starting on March 11, 2010, the IL&FS Transportation IPO bidding period ran until March 15, 2010. The shares were listed on March 30, 2010, on the BSE and NSE. There is a price range of 242 to 258 per share for the IL&FS Transportation IPO. For an application, a minimum lot size of 25 shares is required. Retail investors must make a minimum investment of ₹6,450.
IL&FS Transportation Networks Limited, one of the biggest private sector BOT road operators in India, was founded in 2000 and is a well-established ISO 9000:2001 surface transportation infrastructure organization. National and state highways, roads, flyovers, bridges, and other infrastructure in Andhra Pradesh, Delhi, Gujarat, Maharashtra, Karnataka, Uttar Pradesh, Kerala, and Rajasthan have all been developed, operated, and maintained by IL&FS Transportation. The company operates in the BOT road sector throughout India and has interests in a
variety of projects. Its 16 road projects total 8,875 lane km, of which 3,601 are under operation and maintenance and 5,274 are under development (of which 1,263 are under construction). The company’s completed projects include:
- North Karnataka Expressway (Belgaum-Maharashtra Border Road)
- West Gujarat Expressway (Jetpur-Rajkot Gondal Road)
- NOIDA Toll Bridge
- Vadodara – Halol Road
- Ahmedabad – Mehsana Road
- Nagpur City Bus Project
- Thiruvananthapuram City Roads (Phase I)
In addition, Company is currently developing 12 road projects in the States of Andhra Pradesh, Chhattisgarh, Jharkhand, Kerala, Rajasthan, and Maharashtra. Out of these 12 projects, six projects are currently in the construction phase and the remaining six projects are in the pre-construction phase of development.
ILFS Transportation IPO Details
| IPO Date | March 11, 2010 to March 15, 2010 |
| Listing Date | March 30, 2010 |
| Face Value | ₹10 per share |
| Price Band | ₹242 to ₹258 per share |
| Lot Size | 25 Shares |
| Total Issue Size | 27,131,782 shares (aggregating up to ₹700.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
ILFS Transportation IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹6,450 |
| Retail (Max) | 31 | 775 | ₹199,950 |
ILFS Transportation IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 12,148,761 (51.22%) | NA |
| NII (HNI) Shares Offered | 2,892,562 (12.20%) | |
| Retail Shares Offered | 8,677,686 (36.59%) | 347,107 |
| Total Shares Offered | 23,719,009 (100%) |
Objects of the Issue (ILFS Transportation IPO Objectives)
The object of the issue is:
- Funding pre-payment and repayment of a portion of debt availed by our Company; and
- General corporate purposes.
ILFS Transportation IPO Listing Details
| Listing Date | March 30, 2010 |
| BSE Script Code | 533177 |
| NSE Symbol | IL&FSTRANS |
| ISIN | INE975G01012 |
| Final Issue Price | ₹258 per share |
ILFS Transportation Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹258.00 | ₹258.00 |
| Open | ₹287.00 | ₹266.60 |
| Low | ₹270.10 | ₹266.60 |
| High | ₹295.00 | ₹299.00 |
| Last Trade | ₹273.75 | ₹274.65 |
IL&FS Transportation Networks Ltd Contact Details
IL&FS Transportation Networks Ltd
Plot No. 22, G Block,
Bandra-Kurla Complex, Bandra (East),
Mumbai 400 051, India
Phone: + 91 022 2653 3333
Email: [email protected]
Website: http://www.itnlindia.com
ILFS Transportation IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
IL&FS Transportation IPO FAQs
Q1. What is the ILFS Transportation IPO?
Ans. ILFS Transportation IPO is a main-board IPO of 27,131,782 equity shares of the face value of ₹10 aggregating up to ₹700.00 Crores. The issue is priced at ₹242 to ₹258 per share. The minimum order quantity is 25 Shares. The IPO opens on March 11, 2010, and closes on March 15, 2010.
Q2. When ILFS Transportation IPO will open?
Ans. The ILFS Transportation IPO opens on March 11, 2010 and closes on March 15, 2010.
Q3. What is the lot size of ILFS Transportation IPO?
Ans. ILFS Transportation IPO lot size is 25 Shares, and the minimum amount required is ₹6,450.
Q4. When is ILFS Transportation IPO listing date?
Ans. The ILFS Transportation IPO listing date is on March 30, 2010.
