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Open
8 Mar 2007
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Close
19 Mar 2007
3
Allotment
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Listing
Wed, Apr 11, 2007
Price Band
₹72 to ₹86
Issue Size
68,60,466 shares (agg. up to ₹59 Cr)
Lot Size
70 Shares
Listing Date
Wed, Apr 11, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.03x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| C & C Constructions Ltd. | Mainboard | ₹124.28 Cr | ₹291 | null | ₹241.45 | -17.03% | (+0.00%) |
| Gayatri Projects Ltd. | Mainboard | ₹85.55 Cr | ₹295 | 15.59 | ₹298.85 | +1.31% | ₹14.86 (-0.05%) |
| Richa Knits Ltd. | Mainboard | ₹27.00 Cr | ₹30 | null | ₹30.25 | +0.83% | ₹1.65 (-2.94%) |
| Atlanta Ltd. | Mainboard | ₹64.50 Cr | ₹150 | null | ₹192.30 | +28.20% | ₹37.42 (-2.03%) |
| Unity Infraprojects Ltd. | Mainboard | ₹232.40 Cr | ₹675 | null | ₹470.90 | -30.24% | (+0.00%) |
| Patel Engineering Ltd. | Mainboard | ₹425.00 Cr | ₹440 | null | ₹419.60 | -4.64% | ₹29.59 (-2.28%) |
| D.S.Kulkarni Developers Ltd. | Mainboard | ₹151.28 Cr | ₹275 | 82.88 | ₹328.45 | +19.44% | (+0.00%) |
| Tantia Constructions Ltd. | Mainboard | ₹47.77 Cr | ₹5000 | 11.54 | ₹220.00 | -95.60% | ₹10.28 (-4.96%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Construction Equipment | 60.99 |
| 2 | General Corporate Purpose | 6.61 |
| 3 | Public Issue Expenses | 5.90 |
About Gremach Infrastructure IPO
Gremach Infrastructure Equipments & Projects Limited is in the business of providing rental of construction /earthmoving machineries to medium / large construction companies who are engaged in the business of constructing/building of roads, airports, power projects, institutional & industrial complexes, multiplexes and residential buildings and other related infrastructural activities chiefly catering to Public Sector undertakings, private sector, CPWD and various national & international government aided projects.In addition to renting Gremach owned equipments, Gremach also hire equipments owned by other parties and rent to our own clients. In the past over 65% of Gremach total rental incomes are derived from equipments, which are exclusively owned by third parties.+ Read More
Contact Details
Gremach Infrastructure Equipments & Projects Ltd. AddressGremach Infrastructure Equipments & Projects LtdP-50, Princep StreetDeo Bhawan, 3 rd FloorKolkata, West Bengal, 700017+91-33- 2236 1246ipo@gremach.comVisit Website