Business Standard

ARSS Infrastructure Projects Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

103.00 cr

Price Range (₹)

450

Lot Size

15

Min Investment (₹)

6,750.00

Listing Exchange

MumbaiNSE

Open Date

08-Feb-2010

Close Date

11-Feb-2010

Listing Date

03-Mar-2010

ARSS Infrastructure Projects Ltd News

    The Shares of ARSS Infrastructure Projects Ltd have now been listed.

    ARSS Infrastructure Projects Ltd IPO Details

    Public issue of 22,88,888 equity shares of Rs.10/- each (equity shares) of ARSS Infrastructure Projects Limited (ARSS or The Company or The Issuer) for cash at a price of Rs. 450 per equity share (including a share premium of Rs. 440 per equity share) aggregating upto Rs. 103.00 Crores (Issue). The issue will constitute 18.23% of the pre issue and 15.42% of the post issue fully paid up equity capital of the company.Issue Price: Rs. 450 per equity share of face value Rs. 10 eachThe issue price is 45 times of the face value.

    Objective of issue

    Investment in Joint Ventures. Funding long term working capital requirements. General corporate purpose.

    ARSS Infrastructure Projects Ltd Contact Details

    ARSS Infrastructure Projects Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - response@arssgroup.in; cs@arssgroup.in

    Website - www.arssgroup.in