ADANI POWER LIMITED IPO
Symbol - Series
APL EQ
Issue Period
July 28, 2009 to July 31, 2009
Issue Size
301,652,031 EQUITY SHARES [including Anchor investor portion upto 52,857,366 equity shares]
Issue Type
100% Book Building
Face Value
Rs. 10/-
Price Range
Rs. 90 To Rs. 100.
Tick Size
Re. 1/-
Market Lot
65 Equity Shares
Minimum Order Quantity
65 Equity Shares
Maximum Subscription Amount for Retail Investor
Rs.100000
IPO Market Timings
10.00 a.m. to 5.00 p.m.
IPO Grading
IPO Grade 3
Rating Agency
ICRA Limited
Global Co-ordinator and Book Running Lead Manager
DSP Merrill Lynch Ltd,
Book Running Lead Manager
Enam Securities Private Limited, IDFC - SSKI Limited, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, ICICI Securities Limited and SBI Capital Markets Limited
Syndicate Member
Enam Securities Private Limited, Edelweiss Securities Limited, India Infoline Limited, JM Financial Services Private Limited, Kotak Securities Limited,SBICAP Securities Limited, Sharekhan Limited and UBS Securities India Private Limited
Categories
FI, IC, VC, MF, FII, FVCI, SIDC, PF, PEF, MLA, BDFI, NIF, CO, IND, HUF, NRI , OTH EMP and DIR
No. of Cities with Bidding Centers
58
Name of the registrar
Karvy Computershare Private Limited
Address of the registrar
Karvy House, 46, Avenue 4 Street No. 1, Banjara Hills, Hyderabad 500 034.
Contact person name number and Email id
Contact Person: M. Murali Krishna Toll free no: 1-800-345-4001 Tel: (91 40) 2342 0815-28 Fax: (91 40) 2343 1551Email: adanipower.ipo@karvy.com Investor Grievance Email: adanipower.ipo@karvy.com
Prospectus
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Application Form
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Trading Member List
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IPO Grading
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Market Today

The market recovered today after last two days' slide. The BSE Sensex had lost 347.89 points or 2.29% in the previous two trading sessions. Inflation measured by the wholesale price index (WPI) declined 1.17% in the 12 months to 11 July 2009, as compared with previous week's annual decline of 1.21%, government data showed today, 23 July 2009. Inflation has been declining for the sixth straight time in the 12 months to 11 July 2009 In a move that my boost sentiment, foreign institutional investors (FIIs) and the non-resident Indians (NRIs) have been allowed to invest in Indian Depository Receipts (IDR), according to the operational guidelines issued by the Reserve Bank of India on Wednesday, 22 July 2009. FIIs, including the Securities & Exchange Board of India (Sebi) approved sub-accounts of the FIIs registered with Sebi and NRIs may invest, purchase, hold and transfer IDRs of eligible companies resident outside India and issued in the Indian capital market, subject to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000. India's infrastructure sector output grew 6.5% in June 2009 from a year earlier, higher than an unrevised 2.8% in May 2009, government data released today, 23 July 2009 showed. During April-June 2009 period, the output rose 4.8%, compared with 3.5% in the same period last year. The infrastructure sector accounts for 26.7% of India's industrial output.

Market Up

BSE 30-share Sensex was up 383.99 points or 2.69%. Finance
Secretary Ashok Chawla's comments that the government's record
market borrowing programme would not pressure bond yields and
interest rates further bolstered bulls. Revival of the annual
monsoon this month also underpinned sentiment.

Auto, IT, power, FMCG, healthcare stocks rose. But Index
heavyweight Reliance Industries pared gains. India's largest IT
firm by sales TCS rose ahead of Q1 June 2009 result. The market
breadth, indicating the overall health of the market, was strong.
All the sectoral indices on BSE were in green.

India's monsoon has revived this month after a dismal start last
month. Rainfall in the week to 10 July was 6% more than the
long-term average. For the 1 June-15 July period it was 27% below
normal, improving from a deficit of 36% up to 8 July.

The weather office has also forecast widespread rainfall in the
next five days in most regions of India where more than two-thirds
of the people live in villages and 60% of the farm land depends on
the annual rains. The weak start to the vital June-September
monsoon rains had stoked fears of crop failure, encouraging the
government to ban wheat exports and prepare contingency plans.
While the monsoon rains have picked up, progress has been uneven,
causing floods in some areas and drought in some districts which
are not major crop producers.