The issue had large participation from marquee real money investors with interests coming from around 220 accounts leading to about 10 times oversubscription, said the company in its release today.
The issue of 10-year bond was priced at par to yield 3.00 percent which is also the lowest coupon achieved by any corporate Indian issuer in the last 5 years, informed Adani.
Intraday, shares of APSEZ made a 52-week high at Rs 492.85 per share on the BSE.
Barclays, Citigroup, DBS Bank, MUFG, and Standard Chartered were global coordinators, book-runners, and lead managers.
AICTPL is a container terminal operating company based out of Mundra, with capacity of over 3.1 million TEUs. The quay length of 1460 meters and a deep draft of 17.5 meters makes AICTPL a prime destination for transshipment cargo.
However, shares of APSEZ ended at Rs 483.75 per share, up 1.14 percent from previous close with market capitalisation
at Rs 98,285.99 crore.