Indosolar, Gujarat Pipavav, Avantha: India IPO Alert

Following is a table showing Indian companies selling shares through an initial public offering, or IPO, according to company filings to the Securities and Exchange Board of India.

About 39 Indian companies raised $5.4 billion in initial shares sales last year ended March 31. A total more than 85 companies have pending draft offer documents with the regulator seeking approval for share sales.

=============================================================================
Companies               Shares Offered Draft Filing Date Price      Amount
(Arrangers)                or           Offer Period    (Rupees)   (Rupees)
                         Stake Size        Demand
=============================================================================
Indosolar Ltd.            ---           Proposed        29-32   3.57 Billion*
(Enam Securities)                       Sept. 13-15
-----------------------------------------------------------------------------
Gujarat Pipavav Port Ltd. 120.4 Million@ Completed        46     5.5 Billion@
(Kotak Mahindra, IDFC     or            Aug. 26       Listing on
Capital and IDBI Capital) 28.4%         19.5 Times     Sept. 9
-----------------------------------------------------------------------------
Avantha Power &           ---           Proposed        ---     12.6 Billion*
Infrastructure Ltd. (Enam,              Oct. 11-14
Axis Bank, Citigroup,
Kotak Mahindra)
-----------------------------------------------------------------------------
Va Tech Wabag Ltd.        2.7 Million@   March 12        ---    1.25 Billion*
(Enam, IDFC Capital)      of Investors
-----------------------------------------------------------------------------
You Broadband & Cable     ---            March 30       ---      3.6 Billion*
India Ltd. (Edelweiss
Capital)
-----------------------------------------------------------------------------
Electrosteel Integrated   424.1 Million  March 25        ---         ---
Ltd. (Edelweiss, Enam,    or
SBI Capital)              18.1
-----------------------------------------------------------------------------
Ambience Ltd.             ---            Sept. 25        ---    11.3 Billion*
(JM Financial, Enam,
JPMorgan, Macquarie,
Kotak)
-----------------------------------------------------------------------------
Cantabil Retail India Ltd. ---           Sept. 26        ---    1.05 Billion*
(SPA Merchant Bankers)
-----------------------------------------------------------------------------
Future Ventures India      ---           Aug. 13         ---      7.5 Billion
Ltd. (Enam, JM Finance,
Kotak Mahindra Capital)
-----------------------------------------------------------------------------
Coal India Ltd. (Enam,    631.6 Million@ Aug. 9          ---     ----
Citigroup, Deutsche, DSP  or
Merrill, Kotak, Morgan)   10%
-----------------------------------------------------------------------------
Lodha Developers Ltd.      ---           Sept. 28        ---    27.9 Billion*
(Enam, JPMorgan, Citi,
Global Trustcap, Nomura,
Kotak, CLSA, Credit Suisse, SBI)
-----------------------------------------------------------------------------
BPTP Ltd.                 ---            Dec. 23         ---      15 Billion
(IDFC-SSKI, JPMorgan)
-----------------------------------------------------------------------------
Greatship (India) Ltd.    22.05 Million  May 12          ---      ---
(Kotak Mahindra Capital   or
and BofA Merrill)         20%
-----------------------------------------------------------------------------
Jindal Power Ltd.          ---           Dec. 29         ---     72 Billion
(JM Financial, Enam, UBS,
Deutsche Bank, Goldman,
ICICI, SBI Capital, Motilal.
-----------------------------------------------------------------------------
Sterlite Energy Ltd.       ---           Oct. 29         ---     51 Billion
(Kotak Mahindra, Enam,
JPMorgan, Morgan Stanley)
-----------------------------------------------------------------------------
Emaar MGF Land Ltd.        ---           Sept. 29        ---    38.5 Billion
(Kotak, Deutsche Bank,
UBS, Credit Suisse, HSBC,
ICICI, RBS)
-----------------------------------------------------------------------------
Sahara Prime City Ltd.     ---           Sept. 29        ---    34.5 Billion
(Enam, JM Financial)
-----------------------------------------------------------------------------
Prestige Estates Projects ---            Nov. 27         ---      12 Billion*
Ltd.
(Enam, JPMorgan,
Kotak, UBS Securities)
-----------------------------------------------------------------------------
Raheja Universal Ltd.     ---            March 29       ---     8.64 Billion*
(Kotak, Enam, Citigroup,
Morgan Stanley)
-----------------------------------------------------------------------------
Glenmark Generics Ltd.    ---            Sept. 30        ---    5.75 Billion*
(Enam Securities,
Kotak Mahindra)
-----------------------------------------------------------------------------
Reliance Infratel Ltd.    156 Million    Sept. 24        ---          ---
(JM Financial, JPMorgan,  or
Deutsche, Enam, ICICI,    10.05%
Macquarie, UBS, HSBC)
-----------------------------------------------------------------------------
Oberoi Realty Ltd.        39.6 Million   Jan. 18         ---          ---
(Kotak, Enam, JP Morgan   or
And Morgan Stanley)       12%
-----------------------------------------------------------------------------
R.P.P. Infra Projects     6.5 Million    May 17          ---      ---
Ltd.                      or
(VC Corporate Advisors)   28.8%
-----------------------------------------------------------------------------
Kumar Urban Development   ---            Sept. 30        ---     4.5 Billion*
Ltd.
(Enam Securities)
-----------------------------------------------------------------------------
Eros International Media  ---            Dec. 31         ---     3.5 Billion*
Ltd.
(Enam, Kotak, Morgan
Stanley and RBS Equity)
-----------------------------------------------------------------------------
Gujarat State Petroleum   448 Million    March 25        ---      ---
Corp. Ltd. (JM Financial, or
Enam, ICICI, Kotak, SBI)  16.7%
-----------------------------------------------------------------------------

Notes:  * Proposed maximum amount to be raised.
        # Includes option to sell more shares on demand
        @ Includes offer for sale

Source: The Securities and Exchange Board of India, National Stock Exchange of India.

To contact the reporter on this story: Paresh Jatakia in Mumbai at pareshj@bloomberg.net

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