Adani Power on Friday said it has received shareholders' approval for its Rs 3,264-crore delisting proposal. Adani Power had announced for voluntary delisting last month and had already received the board of directors approval for the same. In case of delisting of Adani Power shares, given the low valuations due to market correction in March 2020, it can be considered as an attempt by the promoters to … Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. Adani Power board approves delisting of shares. Hello, I have applied Adani Power IPO through ICICI Securities. INVESTMENT WATCH. Company has S R B C & Co. LLP as its auditors. Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. Dear 1706. poonam j. patel / 1705. Near Vaishno Devi Circle. Adani Power has four thermal power projects under various stages of development, with a combined installed capacity of 6,600 MW. All other things being equal, higher the dividend yield of the stock, the better it is for investors. The IPO opens on Jul 28, 2009, and closes on Jul 31, 2009.. KFintech Private Limited is the registrar for the IPO. about 7 mins 57 sec ago. Mirae Asset Emerging Bluechip Fund Direct-Growth, ICICI Prudential Bluechip Fund Direct-Growth. You can apply in Adani Power IPO online using either UPI or ASBA as payment method. The Adani Power board on June 3 will also discuss the appointment of a merchant banker registered with SEBI for carrying out due diligence as required in terms of Regulation 8(1A)(ii) of the SEBI Delisting Regulations.    Rangareddi, Telangana India - 500 032. 10(6) of SEBI (SAST) Regulations, 2011, All figures in Rs Cr, unless mentioned otherwise, Company has used Rs 2328.11 cr for investing activities which is an YoY increase of 136.54%. Check Day by Day Subscription Details (Live Status), Adani Power Limited Last month, Adani Power had issued a notice for voluntary delisting of equity shares of the company from BSE Limited and National Stock Exchange of India Limited. Shares of Adani Power on the BSE on Friday closed at Rs 36.40, higher by 0.97 per cent from its previous close. Stock generated 28.05% return as compared to S&P BSE Power which gave investors -11.31% return over 3 year time period. Benefits: No need to visit the Customer Care Center to register for the service or replenishment of the balance. (Source: Consolidated Financials). (Source: Consolidated Financials). Adani Power has lost 39% of its market value so far in 2020. The Adani Power IPO is subscribed 21.64x times on Jul 31, 2009 17:00. Get detailed Adani Power stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. Announcements made in the month of May by Vedanta and Adani Power livened the debate on whether delisting the stock at a time of distress in asset markets can extend an undue advantage to the promoters. NEERA SHARMA / 1704. Earlier last week, the company had told bourses that one of its promoters, Adani Properties Private Ltd, has proposed volunteer delisting of the company shares. The Adani group announced its intention to delist its power utility last week, following Anil Agarwal announcing the delisting plans of Vedanta. Adani Power IPO is a main-board IPO of 301,652,031 equity shares of the face value of ₹10 aggregating up to ₹3,016.52 Crores. We can help you save between 60% to 90% brokerage fee & taxes. Adani Power's board at its meeting held on 22 June 2020 approved voluntary delisting of shares of the company from the stock exchanges. |, Day by Day Subscription Details (Live Status), Adani Power IPO Application Form Download, DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd), Adani Power IPO Basis of Allotment Document, 3 Easy steps to trade in F&O (Equity Future Derivatives) at BSE, NSE, HUF Account Basics Explained (Bank, Demat and Trading Account), Indian Railway Finance Corporation Limited. The minimum order quantity is 65 Shares. Price to Book represents the ratio of current market price of a stock to its book value per share. Could you please check it? The Adani Power IPO opens on Jul 28, 2009 and closes on Jul 31, 2009. For Electricity Duty exemption/refund Application, pl check www.maharashtra.gov.in (Notification No 201906211139336010) Phone: 1-800-3454001 The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital: 1. Website: https://karisma.kfintech.com/. ... (APPL) — late last month. In addition they are also planning to develop two thermal power projects at Dahej and Kawai with a combined installed capacity of 3,300 MW. Book value represents the value arrived at by subtracting the total liabilities from the total assets of the company. It is also the 1 year high and low of the security. Let's reshape it today, Hunt for the brightest engineers in India, Company has posted a profit of Rs 2228.05 cr in Sep 30, 2020 quarter after 3 consecutive quarter of losses. The company had suffered a … This means as per ICRA, company has average fundamentals. The week that was in 10 stocks: HDFC Bank slumps; Adani Power, Tata Chemicals, airlin.. This is a ratio of market capitalisation of a company’s stock to its annual sales. The board of Adani Power has taken on record the delisting proposal letter and has appointed Vivro Financial Services Private as the merchant banker, reported the Economic Times. 12.20 AM Dec 16th. Adani Power Ltd. stock last traded price is 54.10, Adani Power Ltd. share price moved up by 0.37% from its previous close of Rs 53.95. The company has announced the floor price of a share at Rs 33.82 to buy 96.53 crore shares with the public for about Rs 3,264 crore. Adani Power Ltd. stock last traded price is 54.15. Kutch, Gujarat, India. Promoters of the …