Maytas Infra Limited IPO (Maytas IPO) Detail

Sep 27, 2007 - Oct 4, 2007

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:

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.

Issue Detail:

  »»  Issue Open: Sep 27, 2007 - Oct 4, 2007
  »»  Issue Type: 100% Book Built Issue IPO
  »»  Issue Size: 8,850,000 Equity Shares of Rs. 10
  »»  Issue Size: Rs. 327.45 Crore
  »»  Face Value: Rs. 10 Per Equity Share
  »»  Issue Price: Rs. 320 - Rs. 370 Per Equity Share
  »»  Market Lot: 18 Shares
  »»  Minimum Order Quantity: 18 Shares
  »»  Listing At: BSE, NSE

Company name has been changed to 'IL&FS Engineering and Construction Company Ltd'

Issue Subscription Detail / Current Bidding Status

Number of Times Issue is Subscribed (BSE + NSE)
As on Date & TimeQIBNIIRIITotal
Shares Offered / Reserved
Day 1 - Sep 27, 2007 17:00 IST0.00000.00000.00100.0000
Day 2 - Sep 28, 2007 17:00 IST1.10830.00000.00260.6700
Day 3 - Oct 1, 2007 17:00 IST3.32490.01080.10642.0300
Day 4 - Oct 3, 2007 17:00 IST9.35030.07710.36725.7300
Day 5 - Oct 4, 2007 17:00 IST99.409435.844415.417767.8600

Maytas IPO Prospectus

Maytas IPO Rating

Rating:Rated 3.6 stars

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Maytas IPO Listing Date

  •   ›  Listing Date: Thursday, October 25, 2007
  •   ›  BSE Script Code: 532907
  •   ›  NSE Symbol: MAYTASINFR
  •   ›  Listing In: B1 Group
  •   ›  ISIN: INE369I01014
  •   ›  Issue Price: Rs. 370.00 Per Equity Share
  •   ›  Face Value: Rs. 10.00 Per Equity Share

Listing Day Trading Information

Issue Price:Rs. 370.00
Open:Rs. 480.00
Low:Rs. 480.00
High:Rs. 637.70
Last Trade:Rs. 614.30
Rs. 370.00
Rs. 515.75
Rs. 515.00
Rs. 642.00
Rs. 613.35

Maytas IPO News Alerts

  1. Thursday, October 25, 2007 12:00:00 AM
    Maytas Infra Limited IPO - Listing
  2. Monday, October 22, 2007 5:58:00 AM
    Maytas Infra Limited IPO listing date & info
  3. Tuesday, October 16, 2007 9:43:00 AM
    Maytas Infra Limited IPO Allotment
  4. Tuesday, October 16, 2007 12:00:00 AM
    Maytas Infra Limited IPO - Allotment
  5. Thursday, October 4, 2007 12:00:00 AM
    Maytas Infra Limited IPO - Close
  6. Thursday, September 27, 2007 12:00:00 AM
    Maytas Infra Limited IPO - Open
  7. Sunday, September 23, 2007 10:08:00 PM
    Maytas Infra Limited IPO opening on Sept 27

Company Contact Information

Maytas Infra Limited
6-3-1186/5/A, III Floor,
Amogh Plaza, Begumpet,
Hyderabad 500 016, India
Phone: +91 40 2340 8100
Fax: +91 40 2340 1107

Maytas IPO Registrar

Karvy Computershare Private Limited   »  Report
   Karvy House, 46, Avenue 4, Street No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Fax: +91-40-23311968

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Maytas IPO Review / Comments

294. Bhavesh modi  Jan 3, 2008 10:56:12 AM IST Reply
this is my favorat Stock.
293. chandrashekar  Nov 23, 2007 1:28:35 PM IST Reply
hi, i have not recieved the refund amount kindly do the needful
292. Girish nagpal  Nov 22, 2007 11:46:51 AM IST Reply
i think there are ghafla in allotment
291. yahoo  Nov 17, 2007 9:50:56 PM IST Reply
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  Nov 16, 2007 2:36:08 PM IST Reply
this is another L&T. hold it for long......

isse behtar stock nahi milega

it will be 2500 in one year
289. kk  Oct 27, 2007 10:26:46 AM IST Reply
hold it for diwali, it goes 900rs. enjoy gaining
288. Arya  Oct 26, 2007 9:15:40 AM IST Reply
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  Oct 26, 2007 9:13:12 AM IST Reply
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  Oct 25, 2007 7:04:24 PM IST Reply
i did not get my REfund right now, what can i do now
plz help
285. Mani  Oct 25, 2007 6:05:06 PM IST Reply
Gr8 Listing... Hold for long term
284. Rajeev  Oct 25, 2007 4:44:25 PM IST Reply
Maytas IPO has silenced those who had adviced to Sell the share on Listing. Happy investing guys.
283. JD  Oct 25, 2007 4:11:24 PM IST Reply
Good stock for long term hold to get good return......Today was just trailor will reach 800 soon.
282. MASTER  Oct 25, 2007 3:43:32 PM IST Reply
281. mahaveer jain  Oct 25, 2007 3:27:41 PM IST Reply
donot sale in any rate.ur.on every 2000 in year
280. KarvyInvst  Oct 25, 2007 2:32:24 PM IST Reply
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  Oct 25, 2007 1:38:04 PM IST Reply
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  Oct 25, 2007 1:26:34 PM IST Reply
enjoyed the listing of 230+ premium is very rewarding.
277. Raghu  Oct 25, 2007 11:18:37 AM IST Reply
Don't sell Maytas shares, it will see 800+ very shortly!!!
276. anand narain prasad  Oct 25, 2007 12:20:58 AM IST Reply
to sanjay patel kindly book profit on the listing day and repurchage on monday/tuesday
275. ANAND  Oct 25, 2007 12:17:59 AM IST Reply
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 .
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