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Maytas Infra Limited IPO (Maytas IPO) Detail

September 27, 2007 - October 4, 2007

Maytas IPO is a book built issue of Rs 327.45 crores.

Maytas IPO bidding started from September 27, 2007 and ended on October 4, 2007. The shares got listed on BSE, NSE on October 25, 2007.

Maytas IPO price band is set at ₹320 to ₹370 per share. The minimum lot size for an application is 18 Shares. The minimum amount of investment required by retail investors is ₹6,660.

Bofa Securities India Limited, Jm Financial Limited and Kotak Mahindra Capital Company Limited are the book running lead managers of the Maytas IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Maytas IPO RHP for detailed information.

Maytas IPO Details

IPO Date September 27, 2007 to October 4, 2007
Listing Date October 25, 2007
Face Value ₹10 per share
Price Band ₹320 to ₹370 per share
Lot Size 18 Shares
Total Issue Size8,850,000 shares
(aggregating up to ₹327.45 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Maytas IPO Lot Size

Investors can bid for a minimum of 18 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 18 ₹6,660
Retail (Max) 30 540 ₹199,800
Lot Size Calculator

About Maytas Infra Limited

Incorporated in 1988, Maytas Infra Limited is in the business of construction and infrastructure development. Maytas business areas involve construction as a contractor on a contract basis and Infrastructure Development which involves identifying, sourcing, developing, and operating projects in infrastructure sectors.

Maytas construction business mainly focuses in irrigation, roads and bridges projects. Maytas recently entered in infrastructure business with airports, seaports, rail based systems, oil and gas-pipelines, refineries and petro chemicals, water and water treatment, power generation, transmission and distribution industrial construction projects.

Objects of the Issue (Maytas IPO Objectives)

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
1. Investment in Associate companies:
     A. Bangalore Elevated Tollway Limited for the construction of the elevated highway project of the Bangalore-Hosur section of National Highway-7;
     B. KVK Nilachal Power Private Limited for developing,
constructing and commissioning a 300 MW coal-based power plant in Orissa; and
     C. SV Power Private Limited for setting up a 56 MW coal washery reject based power plant and a 2.5 million metric tonne per annum coal washery at Korba District, Chhattisgarh;
2. Purchase of construction equipment and
3. Other project related investments and commitments.


Maytas IPO Subscription Status (Bidding Detail)

The Maytas IPO is subscribed 67.86 times on October 4, 2007 5:00:00 PM. The public issue subscribed 15.42 times in the retail category, 99.41 times in the QIB category, and 35.84 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Company name has been changed to 'IL&FS Engineering and Construction Company Ltd'

Maytas IPO Prospectus

Maytas IPO Rating

232
3.6
Rating:Rated 3.6 stars
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Maytas IPO Listing Details

Listing Date October 25, 2007
BSE Script Code 532907
NSE Symbol IL&FSENGG
ISIN INE369I01014
Final Issue Price ₹370 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹370.00
₹480.00
₹480.00
₹637.70
₹614.30
NSE
₹370.00
₹515.75
₹515.00
₹642.00
₹613.35

Check IPO Performance…

Maytas Infra Limited Contact Details

Maytas Infra Limited
6-3-1186/5/A, III Floor,
Amogh Plaza, Begumpet,
Hyderabad � 500 016, India
Phone: +91 40 2340 8100
Email: cs@maytasinfra.com
Website: http://www.maytasinfra.com/

Maytas IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: maytasipo@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/

Maytas IPO FAQs

Maytas IPO is a main-board IPO of 8,850,000 equity shares of the face value of ₹10 aggregating up to ₹327.45 Crores. The issue is priced at ₹320 to ₹370 per share. The minimum order quantity is 18 Shares.

The IPO opens on September 27, 2007, and closes on October 4, 2007.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Maytas IPO opens on September 27, 2007 and closes on October 4, 2007.

Maytas IPO lot size is 18 Shares, and the minimum amount required is ₹6,660.

You can apply in Maytas IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Maytas IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Maytas IPO allotment status.

The Maytas IPO listing date is on October 25, 2007.
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Maytas IPO Message Board

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294 Comments

294. Bhavesh modi |   Link |  Bookmark |January 3, 2008 10:56:12 AM
this is my favorat Stock.
293. chandrashekar |   Link |  Bookmark |November 23, 2007 1:28:35 PM
hi, i have not recieved the refund amount kindly do the needful
292. Girish nagpal |   Link |  Bookmark |November 22, 2007 11:46:51 AM
i think there are ghafla in allotment
291. yahoo |   Link |  Bookmark |November 17, 2007 9:50:56 PM
recently got a project o f airport in karnataka that is the reason for this surge in price.keep it for a price of 370 i.e. 370 for face value of re. 1. thank you.
290. shareking |   Link |  Bookmark |November 16, 2007 2:36:08 PM
this is another L&T. hold it for long......

isse behtar stock nahi milega

it will be 2500 in one year
289. kk |   Link |  Bookmark |October 27, 2007 10:26:46 AM
hold it for diwali, it goes 900rs. enjoy gaining
288. Arya |   Link |  Bookmark |October 26, 2007 9:15:40 AM
They are into diversified sectors. And have good relations between the political parties, hence, expect many projects in the pipeline. This will surely increase there order book.

Hold it for long term even, and every dip is a buy oppurtuinity.
287. Arya |   Link |  Bookmark |October 26, 2007 9:13:12 AM
After hearing to the promoters statement, about 100% growth in this financial year again, taking this into view we can surely expect 3digit mark by the end of the year.
286. gagan |   Link |  Bookmark |October 25, 2007 7:04:24 PM
i did not get my REfund right now, what can i do now
plz help
285. Mani |   Link |  Bookmark |October 25, 2007 6:05:06 PM
Gr8 Listing... Hold for long term
284. Rajeev |   Link |  Bookmark |October 25, 2007 4:44:25 PM
Maytas IPO has silenced those who had adviced to Sell the share on Listing. Happy investing guys.
283. JD |   Link |  Bookmark |October 25, 2007 4:11:24 PM
Good stock for long term hold to get good return......Today was just trailor will reach 800 soon.
282. MASTER |   Link |  Bookmark |October 25, 2007 3:43:32 PM
BUZZING STOCK FOR TODAY. I SALE IN 600/-
AT THAT TIME 630/-. WOWWWWWWW.
281. mahaveer jain |   Link |  Bookmark |October 25, 2007 3:27:41 PM
donot sale in any rate.ur.on every dro.target 2000 in year
280. KarvyInvst |   Link |  Bookmark |October 25, 2007 2:32:24 PM
Hi All,
Internal news has confirmed that Maytas will go extreme levels like Unitech and reach heights. The year end target is 3450. If u have it its goldmine then. Buy in good quatities now. I brought 4500 shares at 574.
279. Gangu |   Link |  Bookmark |October 25, 2007 1:38:04 PM
Sold Half my Mayatas @601 and remaining put at a SL of 575. Enjoyed.. See you guys and gals at Religare next.
278. New commer |   Link |  Bookmark |October 25, 2007 1:26:34 PM
enjoyed the listing of maytas.rs. 230+ premium is very rewarding.
277. Raghu |   Link |  Bookmark |October 25, 2007 11:18:37 AM
Don't sell Maytas shares, it will see 800+ very shortly!!!
276. anand narain prasad |   Link |  Bookmark |October 25, 2007 12:20:58 AM
to sanjay patel kindly book profit on the listing day and repurchage on monday/tuesday
275. ANAND |   Link |  Bookmark |October 25, 2007 12:17:59 AM
market is going to fall on the tomorrow so book profit and purchage this on the lower price or keep the liquidity free as the RELIANCE is going to launch the minting money share.
one thing specially i would like to say that keep away from the rumour and believe in yourself and rest assured that all good share on the long term profile are profitable , so be invester not trader .