Business Standard

IRB Infrastructure Developers Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

944.57 cr

Price Range (₹)

185

Lot Size

30

Min Investment (₹)

5,550.00

Listing Exchange

MumbaiNSE

Open Date

31-Jan-2008

Close Date

05-Feb-2008

Listing Date

25-Feb-2008

IRB Infrastructure Developers Ltd News

    The Shares of IRB Infrastructure Developers Ltd have now been listed.

    IRB Infrastructure Developers Ltd IPO Details

    Public issue of 5,10,57,666 equity shares of Rs. 10 each (equity shares) of IRB Infrastructure Developers Limited (IRB or the company or the issuer) for cash at a price of Rs.185/- per equity share aggregating to Rs.944.57 Crores (issue). 1,25,000 equity shares will be reserved in the issue for subscription by eligible employees (as specifically defined herein in the section definitions and abbreviations) at the issue price (employee reservation portion). The issue less the employee reservation portion shall be hereinafter referred to as the net issue. The issue will constitute 15.36% of the fully diluted post-issue equity share capital of the company.Issue Price is Rs.185/- per equity share of face value Rs. 10 each.The issue price is 18.5 times the face value

    Objective of issue

    Investment in Subsidiary. Prepayment & Repayment of Existing Loans. General Corporate Purposes.

    IRB Infrastructure Developers Ltd Contact Details

    IRB Infrastructure Developers Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

    Phone - 91-040-44655185/44655000

    Fax - 91-040-23420814/23420857

    Email - grievances@irb.co.in; info@irb.co.in

    Website - www.irb.co.in