Page 2 - Ircon
Govt to sell up to 16% stake in IRCON via OFS, issue opens Wednesday
The floor price is Rs 88 per share
 "Govt to sell up to 16% stake in IRCON via OFS, issue opens Wednesday")
Ircon marks 27% growth in Q4 profit at Rs 122 cr, turnover at Rs 1,788 cr
Earnings per share increased to Rs 13.02 in Q4 FY20 as compared to Rs 10.16 in Q4 FY19, it said in a statement late on Friday after the closing of market hours
 "Ircon marks 27% growth in Q4 profit at Rs 122 cr, turnover at Rs 1,788 cr")
32 firms show interest in redevelopment of four railway stations
Nagpur, Gwalior, Amritsar, Sabarmati may see Rs 1,300-crore investment
 "32 firms show interest in redevelopment of four railway stations")
Ircon International, BEML sign pact to explore opportunities overseas
The pact aims at promoting supply of BEML manufactured rolling stock as well as construction equipment for railway projects outside India
 "Ircon International, BEML sign pact to explore opportunities overseas")
Ircon's top agenda: Rs 13,000-crore rail projects to better coal traffic
The Indian Railways has lined up 84 projects with an investment of Rs 98,980 crore to help coal evacuation
 "Ircon's top agenda: Rs 13,000-crore rail projects to better coal traffic")
Ircon to raise funds by issuing fresh equity, diluting govt's stake to 75%
The government, which holds 89.18 per cent stake in Ircon International, is required to bring it down to 75 per cent under the Sebi's minimum public shareholding norms
 "Ircon to raise funds by issuing fresh equity, diluting govt's stake to 75%")
Ircon's Rs 4.7-bn IPO opens Sep 17, Rs 10 discount for retail investor
Price band is Rs 470-475 in only second PSU offer this fiscal; Centre to offload 10% stake
 "Ircon's Rs 4.7-bn IPO opens Sep 17, Rs 10 discount for retail investor")