Avantha Power & Infrastructure Ltd IPO

Part of the Avantha Group, Avantha Power & Infrastructure Ltd is a well-known Indian conglomerate promoted by Mr. Gautam Thapar. Avantha Power & Infrastructure Ltd is a power generation company with 191 MW of operational thermal power capacity, 2,400 MW of generating capacity under various stages of implementation and 1,320 MW of generating capacity under planning spread across India.


Company's power plants and gas fired plant are located at Ballarpur (Maharashtra), Bhigwan (Maharashtra), Yamuna Nagar (Haryana), Sewa (Orissa) and Malanpur (Madhya Pradesh).

Company Promoters:

The individual Promoter of the Company is Mr. Gautam Thapar and the corporate Promoters of the Company are Crompton Greaves, BILT, BPHL, SICL, SFSL and AHL.

Objects of the Issue:

The objects of the Issue are to:

1. part finance the construction and development of Chhattisgarh Power Project Phase I;
2. part finance the construction and development of Madhya Pradesh Power Project Phase I; and
3. fund expenditure for general corporate purposes.

Issue Detail:

»» Issue Open:
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: Equity Shares of Rs.
»» Issue Size: Rs. 1,250.00 Crore
»» Face Value: Rs. Per Equity Share
»» Issue Price: Rs. - Rs. Per Equity Share
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE, NSE