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Open
20 Nov 2007
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Close
23 Nov 2007
3
Allotment
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Listing
Fri, Dec 14, 2007
Price Band
₹50 to ₹60
Issue Size
85,00,000 shares (agg. up to ₹51 Cr)
Lot Size
100 Shares
Listing Date
Fri, Dec 14, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.84x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Bhagwati Banquets & Hotels Ltd. | Mainboard | ₹92.00 Cr | ₹40 | null | ₹49.05 | +22.62% | ₹8.67 (-0.12%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To purchase capital equipments comprising construction and infrastructure equipments for execution of projects | 5.01 |
| 2 | Acquisition of land and land development rights and Real Estate Development | 17.50 |
| 3 | Investment in BOT/BOOT projects and Joint Ventures | 12.00 |
| 4 | To meet the long term working capital requirements of the Company | 12.04 |
| 5 | To meet General Corporate Expenses | 5.48 |
| 6 | Expenses of the public issue | 4.98 |
About Kaushalya Infrastructure IPO
Incorporated in 1992, Kaushalya Infrastructure Development Corp Ltd (KIDCO) is in the business of Construction & infrastructure development and Hotel industry. KIDCO's infrastructure development projects involving construction and maintenance of roads and highways, construction of bridges, erection of transmission lines, electrification projects, as well as commercial and residential complexes. KIDCO has completed several major projects and has catered to a wide range of clients in Eastern India including NPCC Ltd, WBSRDA, Mackintosh Burn Ltd., Energy Power Department, Govt. of Sikkim, Westinghouse Saxby Farmer Ltd., Engineering Projects (I) Ltd, RCD of Jharkhand, PWD of West Bengal, Jharkhand, Chattrishgarh and Sikkim.KIDCO also runs a hotel (Hotel Kaushalya Heritage) in Jhargram, West Bengal. Jhargram is an important tourist destination because of its magnificent forests of Sal, Piyal and Mahua. Hotel complex is on 2.49 Acres of Land and has 10 AC Rooms & 1 Non AC rooms.+ Read More
Contact Details
Kaushalya Infrastructure Development Corp.Ltd. AddressKaushalya Infrastructure Dev Corp LtdHB 170, Sector IIISalt LakeKolkata, West Bengal, 700106+91 33 2358 3694info@kaushalyainfrastructure.comVisit Website