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Open
24 Sep 2010
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Close
28 Sep 2010
3
Allotment
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Listing
Thu, Oct 14, 2010
Price Band
₹297 to ₹324
Issue Size
69,44,444 shares (agg. up to ₹225 Cr)
Lot Size
21 Shares
Listing Date
Thu, Oct 14, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 14.65x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ramky Infrastructure Ltd. | Mainboard | ₹530.00 Cr | ₹450 | null | ₹387.40 | -13.91% | ₹384.05 (-2.12%) |
| Engineers India Ltd. | Mainboard | ₹959.65 Cr | ₹290 | null | ₹320.95 | +10.67% | ₹227.66 (-1.83%) |
| Jaypee Infratech Ltd. | Mainboard | ₹2,257.61 Cr | ₹102 | null | ₹91.45 | -10.34% | (+0.00%) |
| IL&FS Transportation Networks Ltd. | Mainboard | ₹700.00 Cr | ₹258 | null | ₹274.65 | +6.45% | ₹2.14 (+0.93%) |
| Man Infraconstruction Ltd. | Mainboard | ₹141.76 Cr | ₹252 | null | ₹349.85 | +38.83% | ₹101.28 (-0.49%) |
| ARSS Infrastructure Projects Ltd. | Mainboard | ₹103.02 Cr | ₹450 | null | ₹737.45 | +63.88% | ₹54.27 (+5.00%) |
| 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 capital equipment | 14.00 |
| 2 | To meet working capital requirements. | 45.00 |
| 3 | Prepayment/ repayment of project loans of the Company | 55.00 |
| 4 | General corporate purposes. | 19.40 |
| 5 | Funding certain Subsidiaries for prepayment/ repayment of their loans | 60.00 |
| 6 | Issue Expenses | 20.60 |
About Ashoka Buildcon IPO
Incorporated in 1993, Ashoka Buildcon Limited is a Nashik, Maharashtra based construction company involve in the business of building and operating roads and bridges in India. Ashoka Buildcon is the operator of highest number of toll-based BOT (build, operate and transfer) projects in India.Company is also involve in engineering, designing and maintenance of roads, bridges, electricity substations, commercial buildings and industrial buildings for third parties. Other businesses of the company includes manufacture and sell ready-mix concrete and bitumen and collect tolls on roads and bridges owned and constructed by third parties.Ashoka Buildcon has 4 business divisions:1. BOT Division, which operates or have an interest in 21 BOT road projects across India.2. EPC Division, which is involve in activities like engineering, design, maintenance and repair of infrastructure projects for third parties.3. RMC and Bitumen Division, which sells ready-mix concrete and bitumen.4. Toll Collection Contract Division, which collects toll on roads/bridges owned and constructed by third parties.+ Read More
Contact Details
Ashoka Buildcon Ltd. AddressAshoka Marg, Vadala, NashikAshoka Marg, NashikNashik, Maharashtra, 422011+91 253 3011705investors@ashokabuildcon.comVisit Website