Gujarat Pipavav Port Limited which had its IPO during the last week in a price band of Rs 42-48 has finalised its allotment price at Rs 46. The issue had received excellent response from all quarters and was subscribed almost 20 times.

The issue included a fresh issue of Rs 510 crs including an employee reservation of Rs 10 crs and an offer for sale of 1,17,07,369 shares.

The issue is likely to list around the 8th or 9th of September.