Ramky Infra IPO : files DRHP with SEBI
Ramky Infrastructure is a Hyderabad-based diversified infrastructure and waste management solutions provider. The company has filed a Draft Red Herring Prospectus (DRHP) with market regulator SEBI to float its maiden IPO. The company wants to raise money from primary market with an IPO of Rs 530 crores through the equity shares of face value Rs 10, with a premium decided by the 100% book building process. The company expect to come up with the book building process by June.
The IPO is aimed at diluting part of the promoters’ holdings and also part of some of the investors such as the IL&FS, which owns up to 5.5% of the company equity. Of the Rs 530 crore, the primary issue will amount to Rs 350 crore and the secondary share issue Rs 180 crore.
The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Book running lead managers to the issue are Enam Securities and Deutsche Equities.
Related posts:
- RPP Infra IPO : Files DRHP With SEBI RR Infra Projects Ltd was earlier known as RPP Constructions...
- Ind-Barath Power Infra (IBPIL) IPO : Files DRHP With SEBI Ind-Barath Power Infra (IBPIL) is a power generation company having...
- One97 Communications Limited IPO : Files DRHP with SEBI One97 is India’s largest and most widely deployed telecom application...
- Tunip Agro Limited IPO : Files DRHP With SEBI Tunip Agro Limited is Mumbai based quality food products company...
- SKS Microfinance IPO : Files DRHP with SEBI SKS Microfinance is India’S largest microfinance lender. The company is...
Related posts brought to you by Yet Another Related Posts Plugin.
Activity