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Open
21 Apr 2015
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Close
23 Apr 2015
3
Allotment
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Listing
Wed, May 6, 2015
Price Band
₹63 to ₹65
Issue Size
5,10,74,941 shares (agg. up to ₹324 Cr)
Lot Size
225 Shares
Listing Date
Wed, May 6, 2015
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.08x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment / pre-payment, in full or in part, of certain loans availed by the Subsidiary, MIPL | 262.08 |
| 2 | General corporate purposes | 40.37 |
About MEP Infrastructure IPO
Incorporated in 2011, MEP Infrastructure Developers Ltd is engaged in tolling operations of the road infrastructure sector, with a pan-India presence. Company focus on pure toll collection projects as well as OMT projects, which involve maintenance obligations in addition to toll collection on operational roads (including highways) constructed by third parties.They have completed 68 projects, with an aggregate of 122 toll plazas and 783 lanes, and have an overall experience of over 12 years in this business across 12 states in India. Some of the significant toll collection projects completed by them include project for collection of toll at:1. Five Mumbai Entry Points where they currently operate an OMT contract pursuant to a re-award;2. Chalthan toll plaza, Gujarat;3. Toll plazas located at Ahmedabad, AUDA Ring Road, Nadiad, Anand and Vadodara on the Ahmedabad Vadodara Expressway, Gujarat;4. Rajiv Gandhi Sea Link, Mumbai, Maharashtra;5. Chirle toll plaza and Karanjade toll plaza, Maharashtra; and6. Toll plazas on Hanumangarh, Kishangarh road, Rajasthan.MEP Infra currently operate 23 toll collection projects with an aggregate of 40 toll plazas, five OMT projects covering 2,530.04 l
Contact Details
MEP Infrastructure Developers Ltd. AddressA 412, boomerangChandivali Farm RoadAndheri (East)Mumbai, Maharashtra, 400072(91 22) 6120 4800cs@mepinfra.comVisit Website