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| Man Infraconstruction files DRHP for proposed IPO |
| Announcement / Corporate Oct 14, 2009, 18:12 IST |
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Man Infraconstruction Limited has filed the DRHP for its proposed 100% Book Built Public Issue of 5,625,150 Equity Shares of Face Value of Rs.10 each.
Man Infraconstruction has been promoted by Parag Shah and Mansi Shah and is headquartered in Mumbai. The company provides construction services for port infrastructure, residential, industrial, commercial and road infrastructure projects.
The Book Running Lead Managers to the proposed IPO are IDFC-SSKI Ltd. and Edelweiss Capital Ltd.
"Man Infraconstruction Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, a public issue of its equity shares and has filed a Draft Red Herring Prospectus with the Securities and Exchange Board of India (“SEBI”). The Draft Red Herring Prospectus is available on the website of SEBI at www.sebi.gov.in and on websites of the Book Running Lead Managers at www.idfcsski.com and www.edelcap.com
Any potential investor should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the Red Herring Prospectus, which may be filed with the Registrar of Companies in future including the section titled “Risk Factors”. Potential investors should not rely on the Draft Red Herring Prospectus filed with SEBI.
This announcement has been prepared for publication in India and may not be released in the United States. This announcement does not constitute an offer of securities for sale in any jurisdiction, including the United States, and any securities described in this announcement may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933 or an exemption from such registration.”
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