A2Z Maintenance & Engineering IPO : Listing on 23rd Dec 2010

by khalid on 23/12/2010 · 0 comments

A2Z Maintenance & Engineering Limited has informed the share market (BSE/NSE) that the shares of its recent IPO will list on 23rd Dec 2010. The IPO was open between 8th Dec 2010 to 10th Dec 2010. The price band was Rs 400 to Rs 410 and the Issue Price was fixed at the lower level of price band, Rs 400 per equity share. The company had entered into primary market with an Initial Public Offer (IPO) of Rs Rs. 675.00 Crore. A2Z Maintenance & Engineering Services is a Gurgaon-based engineering and construction company. Started in 2002 as a facility management services company, A2Z has evolved into an engineering, procurement and construction services provider to the power transmission and distribution companies.

IPO Listing Detail :-
Listing Date: 23rd Dec 2010
BSE Scrip Code : 533292
NSE Symbol : A2ZMES
Listing In : ‘B’ Group of Securities
ISIN : INE619I01012
Issue Price : Rs. 400.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

The IPO proceeds would be used to fund the company’s several projects across the renewable energy and waste management. The company diversified itself into waste management and plans to scale up this business after the IPO.

The Book running lead managers to the issue are DSP Merrill Lynch Limited, Enam Securities Private Limited, ICICI Securities Limited, IDFC-SSKI Private Limited, SBI Capital Markets Limited and YES Bank Limited.

Registrar of the Issue : Link Intime India Private Limited, Mumbai.

Stay tuned to BelltheBull Blog for more on A2Z Engineering IPO !

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