Business Standard

Setubandhan Infrastructure Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

60.00 cr

Price Range (₹)

138

Lot Size

50

Min Investment (₹)

6,900.00

Listing Exchange

MumbaiNSE

Open Date

19-Sept-2011

Close Date

21-Sept-2011

Listing Date

04-Oct-2011

Setubandhan Infrastructure Ltd News

    The Shares of Setubandhan Infrastructure Ltd have now been listed.

    Setubandhan Infrastructure Ltd IPO Details

    Public issue of 43,47,826 equity shares of Rs. 10 each of Prakash Constrowell Limited (PCL or The Company or The Issuer) for cash at a price of Rs. 138 per equity share (including a share premium of Rs. 128 per equity share) aggregating to Rs. 60.00 crores (The Issue). The issue will constitute 34.59% of the fully diluted post issue paid up capital of the company.Issue Price: Rs. 138 per equity share of face value of Rs. 10/- each.The issue price is 13.8 times the face value.

    Objective of issue

    To meet working capital requirement. To invest in Construction Equipments. To invest in subsidiaries. To meet general corporate purposes.

    Setubandhan Infrastructure Ltd Contact Details

    Setubandhan Infrastructure 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 - info@prakashconstro.com; investorgrievance@prakash

    Website - www.prakashconstro.com