
✓
Open
8 Feb 2010
✓
Close
11 Feb 2010
3
Allotment
—
✓
Listing
Wed, Mar 3, 2010
Price Band
₹410 to ₹450
Issue Size
22,89,230 shares (agg. up to ₹103 Cr)
Lot Size
15 Shares
Listing Date
Wed, Mar 3, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 51.27x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| MBL Infrastructures Ltd. | Mainboard | ₹102.60 Cr | ₹180 | null | ₹206.55 | +14.75% | ₹25.45 (-1.93%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in joint ventures. | 5.00 |
| 2 | Funding long term working capital requirements | 86.00 |
| 3 | General corporate purpose | 3.72 |
| 4 | Public issue expenses | 8.28 |
About ARSS Infrastructure IPO
Incorporated in 2000, ARSS Infrastructure Projects Ltd is engaged in construction of railway infrastructure, roads, highways, bridges and irrigation projects in India. ARSS have business activities in the zonal jurisdictions of East Coast Railway, South Eastern Railway, South East Central Railway, Southern Railway and North Western Railway. ARSS also engaged in the railway construction projects, which includes earthwork, major and minor bridges, supply of ballast, sleepers, laying of sleepers and rails, linking of tracks etc. ARSS have completed around 200 km rail line and about 300 km of roads and highways.ARSS Infrastructure has presence in Eastern India, particularly in the state of Orissa. However, in recent years they have pursued opportunities in other parts of India including states of Chhatisgarh, Rajasthan, Jharkhand, Haryana , Kerla, Andhra Pradesh, Assam, Maharastra and Tamil Nadu.Some of the important projects being currently executed by ARSS on standalone / joint venture basis are as follows:1. Construction, rehabilitation and widening of Cuttack - Paradeep road, Orissa, for a contract value of Rs. 20,826.77 lacs.2. Construction of Roadbed including Major and Nior Brid
Contact Details
ARSS Infrastructure Projects Ltd. AddressPlot No.38Sector A, Zone-DMancheswar Industrial EstateBhubaneshwar, Odisha, 751010+ 91- 674-2588554 / 52ipo@arssgroup.inVisit Website