IPO Issue Details
Issue Price / Price Band₹258 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size25 Shares per Lot
Total Issue Size2,71,31,782 shares (aggregating up to ₹700.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 11 Mar 2010
Subscription CloseMon, 15 Mar 2010
Anchor AllotmentWed, 10 Mar 2010
Basis of AllotmentSun, 21 Mar 2010
Initiation of RefundsMon, 22 Mar 2010
Credit of Shares to DematMon, 22 Mar 2010
Listing DateTue, 30 Mar 2010
UPI Mandate Deadline2010-03-15
Application & Investment Details
Retail — Min (1 Lots)₹6,450 — 25 shares
Retail — Max (13 Lots)₹83,850 (13 Lots)
HNI — Min (156 Lots)₹10,06,200 — 3,900 shares
Pre-IPO Promoter Holding17,14,14,794 shares
Post-IPO Promoter Holding19,42,67,732 shares
Fresh Issue Shares2,28,52,938 shares (aggregating up to ₹589.61 Cr)
Offer for Sale Shares42,78,844 shares of ₹10 (aggregating up to ₹110.39 Cr)
About IL&FS Transportation Networks Ltd.
Incorporated in 2000, IL&FS Transportation Networks Limited is an established ISO 9000:2001 surface transportation infrastructure company, and one of the largest private sector BOT road operators in India.IL&FS Transportation has been involved in the development, operation and maintenance of national and state highways, roads, flyovers and bridges in Andhra Pradesh, Delhi, Gujarat, Maharashtra, Karnataka, Uttar Pradesh, Kerala and Rajasthan. Company have a pan-India presence in the BOT road sector and have interests in a diverse project portfolio consisting of 16 road projects, comprising approximately 8,875 Lane kms, which includes 3,601 Lane kms under operation and maintenance and 5,274 Lane kms under development (of which 1,263 Lane kms under construction).Company's completed projects include:1. North Karnataka Expressway (Belgaum Maharashtra Border Road)2. West Gujarat Expressway (Jetpur Rajkot Gondal Road)3. NOIDA Toll Bridge4. Vadodara - Halol Road5. Ahmedabad - Mehsana Road6. Nagpur City Bus Project7. 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.
Objects of the Issue
IL&FS Transportation Networks Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding pre-payment and repayment of a portion of debt availed by the Company;
589.606
2
2 General corporate purposes
29.450
Shareholding & Lock-in
Pre-IPO Promoter Holding
17,14,14,794 shares
Post-IPO Promoter Holding
19,42,67,732 shares