Hg Infrastructure Ipo Gmp

Hg infrastructure ipo gmp

Hg infrastructure ipo gmp

HG Infra Engineering Ltd IPO is set to open for subscription on February 26, with a price band of Rs 263-270 per share.

Company details: H.G. Infra Engineering Ltd (HGIEL) is Jaipur, Rajasthan based an infrastructure construction, development and management company. Company focus area is road projects, including highways, bridges and flyovers.

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Company’s main business operations include providing engineering, procurement and construction (EPC) services on a fixed-sum turnkey basis and undertaking civil construction and related infrastructure projects. HGIEL has completed 13 large projects in the roads and highways sector aggregating to a total contract value of ₹16,748.94 million, which included construction, improving, widening, strengthening of two and four lane highways, construction of high level bridge and construction of earthen embankment, culverts and cart track underpasses.

HG Infra Engineering Limited IPO Details :

Issue Type: Book Built Issue IPO
Issue Size:
›  Fresh Issue of [.] Equity Shares of Rs 10 aggregating up to Rs 300.00 Cr
›  Offer for Sale of [.] Equity Shares of Rs 10 aggregating up to Rs 0.60 Cr
Face Value: Rs 10 Per Equity Share
Issue Price: Rs 263 – Rs 270 Per Equity Share
Market Lot: 55 Shares
Minimum Order Quantity: 55 Shares
Listing At: BSE, NSE

Company Promoters:

  • Mr.

    Hg infrastructure ipo gmp

    Harendra Singh

  • Mr. Vijendra Singh
  • Mr.

    Hg infrastructure ipo gmp

    Girish Pal Singh

Objects of the HG Infra Engineering Limited IPO Issue:

  • Purchasing capital equipment – INR 90 crore
  • Repayment/ prepayment of certain indebtedness – INR 115.5 crore
  • General corporate purposes

HG Infra Engineering Limited Company Financials:

Valuations

  • Earnings Per Share (EPS): Rs.

    9.87

  • Price/Earnings (P/E) ratio: Rs.

    HG Infra IPO Opens Today: Here’s All You Need To Know

    26.64 – 27.35

  • Return on Net Worth (RONW): 30.32%
  • Net Asset Value (NAV): Rs. 32.54 per share

HG Infra Engineering Ltd IPO Grey Market Price Trend as on 19 February 2018 : GMP INR

Disclaimer : We are not involve in buying and selling of IPO forms in IPO Grey market.Study the fundamentals of the company before applying for the IPO.

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Hg infrastructure ipo gmp