Ramky Infra IPO : CRISIL gives 3 out of 5

by khalid on 24/09/2010 · 0 comments

Ramky Infrastructure Limited is a Hyderabad-based diversified infrastructure and waste management solutions provider. Ramky Infrastructure Limited IPO has got 3 out of 5 by CRISIL (rating agency) and this rating/grading is average for a infrastructure and waste management comapny. The grade 3 indicates that the fundamentals of the IPO are Average compared to the other listed securities in India. The company is entering into primary market with an Initial Public Offer (IPO) of Rs 530.00 crores. The IPO is opening on 21st Sep 2010 and the shares will be available for subscription up to 23rd Sep 2010. The premium of the issue will be decided through a 100% Book Building Process. The price band for the issue has been fixed at Rs 405 at the lower level and Rs 468 at the upper level.

Issue Detail:-
Issue Open : 21st Sep 2010 – 23rd Sep 2010
Issue Type : 100% Book Built Issue IPO
Issue Size : 10,947,294 Equity Shares of Rs 10 each
Issue Size : Rs. 530 Crores
Face Value : Rs 10 Per Equity Share
Issue Price : Rs. 405 – Rs. 468 Per Equity Share
Market Lot : 14 Shares
Minimum Order Quantity : 14 Shares
Listing At : BSE, NSE

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