AJR Infra & Tolling Ltd - IPO

AJR Infra & Tolling Ltd IPO Details

Public issue of 16,550,000 equity shares of Rs.10 each for cash at a price of Rs. 167 per equity share (including a share premium of Rs. 157 per equity share) aggregating Rs. 276.39 Crores (the issue) by Gammon Infrastructure Projects Limited (the Company or the Issuer). The issue comprises a net issue of 14,895,000 equity shares to the public and a reservation of 1,655,000 equity Shares for eligible employees. The issue would constitute 11.45% of the post issue paid-up equity capital of the company. The Net issue would constitute 10.30% of the post issue paid-up equity capital of the company.Price band: Rs.167/- per equity share of face value Rs.10The Issue Price is 16.7 times of the face value.

Objective of issue

To Contr. to a part of Investment required KBICL. To Contr. to a part of Investment Required GICL. To Contr. to a part of Investment required SHPVL. Infusion of Funds into MNEL. General Corporate Purposes. Repayment of Loan to GIL.

AJR Infra & Tolling Ltd Contact Details

AJR Infra & Tolling Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - compliances@ajrinfra.in

Website - www.ajrinfra.in