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Mundra Ports & SEZ IPO ( MPSEZL IPO ): MPSEZL IPO

Mundra Ports & SEZ IPO

MPSEZL IPO opening on Nov 1 2007.

For information on MPSEZL IPO ( Mundra Ports IPO ) check here for updates

Adani group promoted Mundra Port and Special Economic Zone Ltd (MPSEZL) IPO is planning to raise Rs 1,500 crore through an initial public offer to part fund the development of the port.

The company plans to hit the capital market through a public issue of 40,250,000 equity shares of Rs 10 each.

MPSEZL the developer and operator of Mundra Port, located in Kutch district of Gujarat, is primarily engaged in providing bulk cargo services, container cargo, crude oil cargo and value-added port services, including railway services between Mundra Port and Adipur.

MPSEZL is the first company from SEZ and port sector to hit the capital market. The proceeds of the issue would be utilised for the further development of Mundra port and SEZ.

“The company will raise over Rs 1,500 crore to part fund construction and development of basic infrastructure and allied facilities in the proposed SEZ and construction and development of south basin terminal for coal and other cargo at Mundra Port among others,” MPSEZL, Executive Director, Ameet Desai told reporters in Mundra.

He said the proceeds of the IPO would also be utilised in part funding Adani Petronet (Dahej) Port Private Ltd, Adani Logistic Ltd and investments in Inland Container Private Ltd,”.

13 Responses to “Mundra Ports & SEZ IPO ( MPSEZL IPO ): MPSEZL IPO”

  1. apply to Mundra Ports & SEZ IPO ( MPSEZL IPO ): MPSEZL IPO

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  2. Mundra Port and SEZ plans to raise Rs 1,500 cr via IPO

  3. Adani group-promoted Mundra Port and Special Economic Zone Ltd (MPSEZL) is planning to raise Rs 1,500 crore through an initial public offer to part fund the development of the port.

    The company plans to hit the capital market through a public issue of 40.25 million equity shares of Rs 10 each.

    MPSEZL, the developer and operator of Mundra Port, located in Kutch district of Gujarat, is primarily engaged in providing bulk cargo services, container cargo, crude oil cargo and value-added port services, including railway services between Mundra Port and Adipur.

    MPSEZL is the first company from SEZ and port sector to hit the capital market. The proceeds of the issue would be utilised for the further development of Mundra port and SEZ.

    “The company will raise over Rs 1,500 crore to part fund construction and development of basic infrastructure and allied facilities in the proposed SEZ and construction and development of south basin terminal for coal and other cargo at Mundra Port among others,” MPSEZL, Executive Director, Ameet Desai told reporters in Mundra.

    He said the proceeds of the IPO would also be utilised in part funding Adani Petronet (Dahej) Port Private Ltd, Adani Logistic Ltd and investments in Inland Container Private Ltd,”

    “Adani Petronet (Dahej) Port Private Ltd, a 74:26 joint venture between Adani group and Petronet will set up solid cargo port at an estimated cost of Rs 1,250 crore,” Desai said.

    Mundra Port has a strategic location serving the landlocked Northern India and North-Western India, which will give it huge amount of business. Land with port back-up area and infrastructure will help future expansion of the company, officials said.

    Mundra SEZ would provide integrated infrastructure encompassing all infrastructure relating to business, living, learning, as well as recreation facilities to make the zone self-sufficient.

    The SEZ would encompass industrial, business, and social infrastructure including development of industrial plots, commercial and residential buildings, schools, colleges, hospital, entertainment, sports and recreation facilities.

    “The SEZ is proposed to be developed in a land area of about 10,000 hectares in a phased manner. In phase I, 3,500 hectares of land would be developed, of this, 2,400 hectares is already in possession. The estimated project cost for Phase I is Rs 3,000 crore,” Desai said.

  4. apply mpsez ipo for listing gains

  5. mundra ports ipo
    must apply mundra port ipo …

  6. reviews about mundra ports ipo…please tell me can i apply to mundra ports ipo or not ?

  7. what are the future plans of mundra ports and sez

  8. excellant.

  9. ramesh kumar mital on November 26th, 2007 at 9:06 am

    please advise allotment status for mundra sez ipo

    1. first name: ramesh kumar mital
    application form no: 26389383
    2. first name: sandip kumar
    application form no: 26389380

  10. TRIBHUNVAN PANDEY on December 3rd, 2007 at 11:10 am

    dear sir,

    company alloted my qty 15 share but i didnt recd in my demat account aplicatin no-62877282 my DPID- IN303028 DEMAT ACCOUNT-51878824

    PLZ LET ME KNOW ASAP

  11. Application No. 5-5957090 for 225 shares(Mudra Port & SEZ Ltd.); Allotment is made for 15 shares and balance amount has been refunded.
    15 shares as allotted is not credit to our demat account till date.
    Please credit the shares immediately to our demat account and confirm the action taken at the earliest.
    Thanks in anticipation.

  12. Sir,
    I am from Nagercoil Kanyakumari District. I have applied for mundra port ipo for 2 lots (13200). I didnt get allocation. In the mean times i didnt received my refund DD. I many times tried them for reply but till date I didnt get reply from them from proper channel. Sir, please help me in this situation. Name: Arumugakumar.T
    43 C Vagayadi North Car Street, Kottar, Nagercoil. 629 002 My Mobile No. 97897 75157 My application No. 27832926 My dp id 12029800 00132896. My Refund Order no.1407494.
    please get back me sir by mail or phone. (Please your no. also)

  13. Please sir Let me Know

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