With a track record of developing, financing and operating thermal power plants, Bajaj Energy Limited along with Lalitpur Power Generation Company Limited is one of the largest private-sector thermal generation companies of India. The company develops, finances and operates thermal power plants in India.
The issue size is Rs 5450 crore, out of which Rs 5150 crore is a fresh issue and rest is offer for sale.
The proceeds from the issue are proposed to be utilised towards –
- Purchase of 69,936,900 equity shares of face value of ₹ 10 each of LPGCL from BPVPL and BHSL
- General corporate purposes.
Opening Date
Closing Date
Price Band
Issue Size
Face Value
Market Lot
Listing at NSE, BSE
IPO Open Date | To be announced |
---|---|
IPO Close Date | To be announced |
Allotment Date | To be announced |
Initiation Of Refunds | To be announced |
Credit Of Shares To Demat Account | To be announced |
IPO Listing Date | To be announced |
UPI Mandate Expiry Date | To be announced |
Financial year | Total Assets in Millions | Total Income in Millions | Profit After Tax in Millions |
---|---|---|---|
FY 2018 | Rs. 34,741.55 | Rs. 8,976.25 | Rs. 416.82 |
FY 2017 | Rs. 36,840.97 | Rs. 14,058.76 | Rs. 882.50 |
FY 2016 | Rs. 35,900.48 | Rs. 14,070.99 | Rs. 1,028.35 |
A simple and smartest way to Apply in IPO online via Religare Dynami Mobile App
Individuals looking forward to participating in the initial public offering of Bajaj Energy Limited can consider the following reasons to invest in it:
Strengths | Risks | ||
---|---|---|---|
One of the largest independent power producers in Uttar Pradesh with long-term, regulated PPAs with a take-or-pay feature | LPGCL is currently involved in disputes with UPPCL relating to payment of tariffs. | ||
Successful track record of developing, financing and operating thermal power plants | Subject to contractual risks under our PPAs with our power purchasers which are government entities | ||
Well-positioned to capitalize on the growth and demand of Uttar Pradesh's power industry | Faces fuel supply risks despite being entered in long-term agreements. BEL primarily relies on coal sourced from subsidiaries of Coal India |
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An IPO also known as initial pulic offering or stock launch is a process when a private company sale its shares to public for the first time. Learn more about IPO at our knowledge centre.
A lot size is the minimum number of shares that an investor has to bid for. A lot size differs for each IPO and is fixed by the company.
IPO Price Band is the price range within which investors can bid for the shares. The minimum price is called the floor price and the maximum price is called the cap price.
Issue size is the total value of an IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.
You will receive an email on your registered email id if the IPO shares are allotted to you. Alternatively, you can also visit the registrar of the company’s official website and provide the details as asked in the allotment status section of the website.
IPOs, as such, do not have any taxes. You are taxed only when you decide to sell the IPO shares. Any monetary profit you make while selling the IPO shares is referred to as ‘capital gains’.
Capital gains tax is charged depending on how long you held the shares for. If you owned the shares for less than 12 months, it is considered as short-term capital gains and if it is over 12 months, it is referred as long-term capital gains.
Tax on short-term capital gains is 15%. It is 10% for equity gains in the long run (over 12 months). Do remember that you are taxed if the equity proceeds exceed Rs 1 lakh.