Mundra Port Ipo apply for listing price of Rs700
Gray Market price : Rs720
The issue comprises of a net issue of 40,100,000 equity shares to the public and a reservation of 150,000 equity shares for eligible employees. The issue and the net issue will constitute 10.05% and 10.01%, respectively, of the fully diluted post issue paid-up capital of the company.

The price band has been fixed between Rs 400 to Rs 440 per equity share. The issue will open on November 1, 2007 and will close on November 7, 2007.

The objects of the issue are to part financing of construction and development of basic infrastructure and the allied facilities in the proposed SEZ at Mundra; construction and development of a terminal for coal and other cargo at Mundra Port; contribution towards investment in Adani Petronet (Dahej) Port Private Limited; contribution towards investment in Adani Logistics Limited; contribution towards investment in Inland Conware Private Limited and general corporate purposes.

The company presently has 15,665 acres of land available and 16,688 acres of additional land are at various stage of being transferred to the company, thus aggregating 32,353 acres for Port and SEZ