Man Infraconstruction Ltd IPO : Opening on 18th Feb 2010

by khalid on 10/02/2010 · 2 comments

Man Infraconstruction Ltd is a construction company located in Mumbai. Man Infraconstruction provides construction services for port infrastructure, residential, industrial, commercial and road infrastructure projects. Man Infraconstruction plans to enter the capital market with an IPO of issue size 5625150 Equity Shares of Rs 10 each. The premium of the issue will be decided by 100% book building process. The company have executed onshore port infrastructure projects in the following ports in India: Jawaharlal Nehru Port Trust, Mundra Port, Chennai Port, Vallarpadam Port and Pipavav Port. The IPO will open on 18th Feb 2010 and will close on 22nd Feb 2010.

The proceeds of the IPO will be used by the company for purchase of capital equipment and general corporate purposes and strategic initiatives. Man Infraconstruction Ltd is a rapidly growing company which is clear from last three years data of their revenues. The companies consolidated revenues was Rs 88.14 crores in FY07 which increased to Rs 236.00 in FY08 and then Rs 594.27 in FY10.

The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Issue Details :-
Issue Period : 18th Feb 2010 – 22nd Feb 2010
Issue Type : 100% Book Building process
Issue Size : 5625150 Equity Shares of Rs. 10
Face Value : Rs. 10 Per Equity Share
Price Range : Rs 243 – Rs 252 Per Equity Share
Market Lot : shares
Minimum Order Quantity : shares
Listing At : BSE and NSE

Book Running Lead Managers for the IPO are Edelweiss Capital Limited and IDFC-SSKI Private Limited.

Registrar of the Issue :-
Link Intime India Private Ltd
Link Intime India Private Ltd,
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai 400078
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: mil.ipo@linktime.co.in
Website: http://www.intimespectrum.com

Company Contact Information :-
Registered Office :
12th Floor, Krushal Commercial Complex,
G. M. Road,
Chembur (W), Mumbai 400 089, Maharashtra.
Phone: +91 22 2526 0582
Fax: +91 22 2526 0589
Email: man.ipo@maninfra.com
Website: http://www.maninfra.com

Related Posts Plugin for WordPress, Blogger...

Leave a Comment

{ 2 comments… read them below or add one }

infopediaonlinehere March 6, 2010

another post on construction portfolio

Reply

khalid March 7, 2010

Construction companies are in queue these days to collect money from primary market as India is growing and infra construction is in full swing.

Reply

Previous post:

Next post: