Business Standard

BCPL Railway Infrastructure Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

17.01 cr

Price Range (₹)

35

Lot Size

4000

Min Investment (₹)

1,40,000.00

Listing Exchange

BSE - SME

Open Date

05-Oct-2018

Close Date

19-Oct-2018

Listing Date

29-Oct-2018

BCPL Railway Infrastructure Ltd News

    The Shares of BCPL Railway Infrastructure Ltd have now been listed.

    BCPL Railway Infrastructure Ltd IPO Details

    Initial public offer of 48,60,000 equity shares of face value of 10/- each of BCPL Railway Infrastructure Limited (the company or the issuer) for cash at a price of 35/- per equity share including a share premium of 25/- per equity share (the issue price) aggregating to 17.01 Crores (the issue) comprising of a fresh issue of 42,00,000 equity shares aggregating to 14.70 Crores (fresh issue) and an offer for sale of 6,60,000 equity shares by selling shareholders (offer for sale) of which 2,52,000 equity shares of face value of 10/- each for cash at a price of 35/- per equity share including a share premium of 25/- per equity share aggregating to 0.88 Crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Net issue of 46,08,000 equity shares of face value of 10/- each at a price of 35/- per equity share aggregating to 16.13 Crores are hereinafter referred to as the net issue. The issue and the net issue will constitute 29.06 % and 27.55 % respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs.10 each and the issue price is 3.5 times of the face value.

    Objective of issue

    To Finance Working Capital Requirements.

    BCPL Railway Infrastructure Ltd Contact Details

    BCPL Railway Infrastructure Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - corp@bcril.com

    Website - www.bcril.com