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Open
6 Nov 2006
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Close
10 Nov 2006
3
Allotment
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Listing
Mon, Nov 27, 2006
Price Band
₹200 to ₹240
Issue Size
4,44,72,381 shares (agg. up to ₹1,067 Cr)
Listing Date
Mon, Nov 27, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 11.61x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2006 | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|---|
| Assets | 1,261.78 | 252.05 | 162.53 | 138.45 |
| Total Income | 110.96 | 148.39 | 185.29 | 130.77 |
| Profit After Tax | 9.33 | 9.15 | 3.27 | 3.46 |
| NET Worth | 300.09 | 95.43 | 78.36 | 69.17 |
| Reserves and Surplus | 243.31 | 64.66 | 70.67 | 61.47 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Gayatri Projects Ltd. | Mainboard | ₹85.55 Cr | ₹295 | 15.59 | ₹298.85 | +1.31% | ₹14.86 (+1.38%) |
| 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% | ₹37.97 (-0.45%) |
| 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% | ₹30.29 (-2.23%) |
| 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% | ₹10.81 (-4.05%) |
| B.L.Kashyap & Sons Ltd. | Mainboard | ₹200.02 Cr | ₹685 | 41.38 | ₹973.30 | +42.09% | ₹59.19 (-2.61%) |
| Sadbhav Engineering Ltd. | Mainboard | ₹53.65 Cr | ₹185 | 20.03 | ₹320.65 | +73.32% | ₹8.15 (-0.73%) |
| GVK Power & Infrastructure Ltd. | Mainboard | ₹256.54 Cr | ₹310 | null | ₹315.85 | +1.89% | ₹2.48 (-1.58%) |
| Punj Lloyd Ltd. | Mainboard | ₹642.11 Cr | ₹700 | 30.67 | ₹1,057.80 | +51.11% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in Subsidiaries - LAPPL - Lanco Amarkantak Power Plant | 255.70 |
| 2 | Investment in Subsidiaries - LGPPPL - Budhil Power Project | 39.90 |
| 3 | Investment in Subsidiaries - VIPL - Vamshi Industrial Power Project | 7.10 |
| 4 | Investment in Subsidiaries - VHEPL - Vamshi Hydro Power Project | 6.80 |
| 5 | Investment in Subsidiaries - Lanco Hills - Hyderabad Property Project | 28.10 |
| 6 | Investment in Nagarjuna Power Project | 642.30 |
| 7 | Payment for acquisition of 13.3% equity interest in Aban Power to Aban Ventures | 35.00 |
| 8 | Acquisition of 25.1% equity interest in Lanco Kondapalli to Globeleq: USD 30 million | 139.50 |
| 9 | General Corporate Purposes | |
| 10 | Issue expenses | 29.71 |
About Lanco Infratech IPO
Lanco Infratech Limited is an infrastructure development company with interests in power, construction and property development. As of March 31, 2006, the Company owned 10 power projects. As of March 31, 2006, the Company owned 33.9% of Lanco Kondapalli Power Private Limited, which owns and operates the Kondapalli Power Plant, and has agreed to acquire an additional 25.1% equity stake from Globeleq Holding (Kondapalli) Limited, by October 8, 2006. The Kondapalli Power Plant has an operating capacity of 368.1 megawatts. In the construction business, the Company is engaged in constructing power projects, transportation networks, water supply works, and commercial and residential building complexes. In the property business, has won bids to develop approximately 19.5 million square feet of saleable area, including a 100-acre integrated information technology (IT) park and township and a 21.8-acre residential development, both located in Hyderabad.+ Read More
Contact Details
Lanco Infratech Ltd. AddressLanco Infratech LimitedLanco House, 141, Avenue 8, Road 2Banjara HillsHyderabad, Telangana, 500034+91 40 235 40695krishnakumar@lancogroup.comVisit Website