Business Standard

KNR Constructions Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

133.87 cr

Price Range (₹)

170

Lot Size

35

Min Investment (₹)

5,950.00

Listing Exchange

MumbaiNSE

Open Date

24-Jan-2008

Close Date

29-Jan-2008

Listing Date

18-Feb-2008

KNR Constructions Ltd News

    The Shares of KNR Constructions Ltd have now been listed.

    KNR Constructions Ltd IPO Details

    Public issue of 78,74,570 equity shares of Rs.10/- each for cash at a price of Rs.170 per equity share aggregating Rs.133.87 Crores (the issue), including a reservation for eligible employees of 1,40,000 equity shares (the employee Reservation portion) and a net issue to the public of 7,734,570 equity shares (the net issue) by KNR ConstructionsLimited (company/issuer). The issue would constitute 28.00% of the fully diluted post issue paid up capital of our company. The net issue would constitute 27.50% of the fully diluted post issue paid-up equity capital of our Company.Issue price is Rs.170 per equity share of face value Rs. 10/-The issue price is 17 times of the face value

    Objective of issue

    Purchase of Capital Equipment. Further Equity Investment in BOT Projects. Augmenting Working Capital requirements. Contrn towards Unsecured Loan Portion in BOT Proj..

    KNR Constructions Ltd Contact Details

    KNR Constructions Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - investors@knrcl.com; secretarial@knrcl.com; info@k

    Website - www.knrcl.com