ARSS Infrastructure Projects Ltd IPO (ARSS Infra IPO) Detail

Feb 8, 2010 - Feb 11, 2010

Incorporated in 2000, ARSS Infrastructure Projects Ltd is engaged in construction of railway infrastructure, roads, highways, bridges and irrigation projects in India. ARSS have business activities in the zonal jurisdictions of East Coast Railway, South Eastern Railway, South East Central Railway, Southern Railway and North Western Railway. ARSS also engaged in the railway construction projects, which includes earthwork, major and minor bridges, supply of ballast, sleepers, laying of sleepers and rails, linking of tracks etc. ARSS have completed around 200 km rail line and about 300 km of roads and highways.

ARSS Infrastructure has presence in Eastern India, particularly in the state of Orissa. However, in recent years they have pursued opportunities in other parts of India including states of Chhatisgarh, Rajasthan, Jharkhand, Haryana , Kerla, Andhra Pradesh, Assam, Maharastra and Tamil Nadu.

Some of the important projects being currently executed by ARSS on standalone / joint venture basis are as follows:

1. Construction, rehabilitation and widening of Cuttack - Paradeep road, Orissa, for a contract value of Rs. 20,826.77 lacs.
2. Construction of Roadbed including Major and Nior Bridges, Facilities and General Electrification in connection with construction of New BG line between Haridaspur and Paradeep in East Coast Railway in the State of Orissa, for a contract value of Rs. 10,096.66 lacs.
3. JSPL, Angul Project-Work Order for execution of Rail Infrastructure Work of Rs.26,100.00 lacs
4. Construction of new broad gauge line, bridges, earthwork cuttings, road over bridges, road under bridges and sub ways between Salem-Karur, Chennai. The contract value for the project is Rs. 5,139.05 lacs.
5. Construction of Kaushilia Dam and appurtenant works in panchkula district of Rs. 11299.19 lacs.

ARSS Infra IPO Details

IPO Date Feb 8, 2010 to Feb 11, 2010
Listing Date Mar 3, 2010
Face Value ₹10 per share
Price ₹410 to ₹450 per share
Lot Size 15 Shares
Total Issue Size2,288,889 shares
(aggregating up to ₹103.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

ARSS Infra IPO Reservation

QIB Shares Offered1,507,317 (60.00%)
NII (HNI) Shares Offered251,219 (10.00%)
Retail Shares Offered753,659 (30.00%)
Total Shares Offered2,512,195

ARSS Infra IPO Lot Size

The ARSS Infra IPO lot size is 15 shares.

Application Lots Shares Amount
Retail (Min) 1 15 ₹6,750
Retail (Max) 29 435 ₹195,750
Lot Size Calculator

Company Financials

ParticularsFor the year/period ended (Rs. in Lakhs)
Total Income22,554.6862,822.5231,541.6113,384.096,064.13
Profit After Tax (PAT)1,890.38 5,118.642,683.571,055.63332.18

Objects of the Issue

The objects of the Issue are to raise funds for

1. Investment in joint ventures;
2. Funding long term working capital requirement;
3. General corporate purpose;
4. Public issue expenses.

ARSS Infra IPO Subscription Status (Bidding Detail)

The ARSS Infra IPO is subscribed 47.62 times on Feb 11, 2010 5:00:00 PM. The public issue subscribed 18.55 times in the retail category, 49.34 times in the QIB category, and 124.53 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

ARSS Infrastructure Projects Ltd IPO Grading / Rating

CARE has assigned an IPO Grade 2 to ARSS Infrastructure Projects Ltd IPO. This means as per CARE, company has 'Below Average Fundamentals'. CARE assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Click here to download the CARE IPO Grading Document for ARSS Infrastructure Projects Ltd

ARSS Infra IPO Prospectus

ARSS Infra IPO Rating

Rating:Rated 3.9 stars
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ARSS Infra IPO Listing Details

Listing Date Mar 3, 2010
BSE Script Code 533163
ISIN INE267I01010
Final Issue Price ₹450 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Company Contact Information

ARSS Infrastructure Projects Ltd
Plot No. 38, Sector– A, Zone- D,
Mancheswar Industrial Estate,
Bhubaneswar-751010, Orissa.
Phone: + 91- 674-2588554 / 52
Email: ipo@arssgroup.in
Website: http://www.arssgroup.in

ARSS Infra IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

ARSS Infra IPO Analysis

ARSS Infra IPO Recommendation Summary

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ARSS Infra IPO is a main-board IPO of 2,288,889 equity shares of the face value of ₹10 aggregating up to ₹103.00 Crores. The issue is priced at ₹410 to ₹450 per share. The minimum order quantity is 15 Shares.

The IPO opens on Feb 8, 2010, and closes on Feb 11, 2010.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The ARSS Infra IPO opens on Feb 8, 2010 and closes on Feb 11, 2010.

ARSS Infra IPO lot size is 15 Shares and the minimum order quantity is .

You can apply in ARSS Infra 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 ARSS Infra IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the ARSS Infra IPO allotment status.

The ARSS Infra IPO listing date is on Mar 3, 2010.
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ARSS Infra IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members



506. Jaypal |   Link |Apr 1, 2010 6:42:35 PM
RAMA, yah mara papad walay ko,today i have sold my 500 shares at the rate of 1000, bought at 743,net profit rs.125000, suna hi tumhary very strong Nhpc, NTPC shares tumhari chaddhi tak utaar chukay hi, kooday aur heray ke park karna sekho.
505. Saint |   Link |Mar 24, 2010 11:30:26 AM
Hi Gem IPO Finder

Any predictions about Texmo Pipes. Can we enter again as it has fallen from ~160 to 110...around 60% fall in few days ? will it go up again ? What is your thoughts on this ?
504. gemm ipoo finderr |   Link |Mar 17, 2010 3:24:26 PM
Please dont buy based on my recommendation. I just speculate and write something... Sometimes it becomes correct.. that is all!!!!!!
503. gem ipo finder |   Link |Mar 17, 2010 3:13:32 PM
arss's whole gmp at listing time rose today
my target of 1000 in arss now stand achieved
similarly man 390 for this week and 400++ in coming days stays for now
502. IMRAN |   Link |Mar 14, 2010 10:43:30 AM
gem ipo finder Congr8's to addive invester & accived tgt good luck for NEXT IPO
501. IMRAN |   Link |Mar 14, 2010 10:40:39 AM
Hi friends Exit 15 shares @ 798 abhi kuch din koi mov aane ka chance nahi lagraha aur market mein bhi koi khash movmeant nahi hai kuch new IPO mein applay karte hai aur Profit booking stock market mein jaruri hai
500. Rama |   Link |Mar 5, 2010 2:26:03 PM
EXIT ARSS counter completely.
499. MEHUL SHAH |   Link |Mar 4, 2010 6:59:06 PM
Rocking on Day 2 also. Sold 15 @820/- Today.
Still holding 15.
498. IPO BULL |   Link |Mar 4, 2010 2:43:36 PM
497. biren |   Link |Mar 4, 2010 2:37:39 PM
Congrates Ravi Banglore!

Your tgt 822 is achieved.

496. biren |   Link |Mar 4, 2010 2:26:38 PM
where is it toWords!

Neha You?
Prince You?
Gem IPo finder You?
Any one ?
495. J.K |   Link |Mar 4, 2010 1:46:19 PM
Our 800 target just achevied, all folish persons who pridect arss 500 or 550 or veak co. Ka muh kala hogaya, arss udesa ke star co. Hi eps 100 hi.
494. Rama |   Link |Mar 4, 2010 12:53:34 PM
Get out of A(R)SS stock. It is only speculative issue.
Remember what happened to sel manufacturing, resurgere mines, pyramid saimira, austral coke, alkali metals, emmbi etc....
ARSS will be one more addition to this list after six months!!!!!!
Investors be CAREFUL.
493. CA NITIN |   Link |Mar 4, 2010 10:46:07 AM
Advised all
to get out of this IPO
now very speculative, going donw

492. neha |   Link |Mar 4, 2010 8:41:35 AM
all are giving congrulation to shreedhar and GEM IPO FINDER, but i would like to add one more mame in it

it is

mr. s.p.tulsiam !!!!!!!

he was right in predicting ARSS(thank god he is right atleaset in 1 IPO out of 10)
491. Kiran |   Link |Mar 4, 2010 8:23:39 AM
I was also unlucky to get the allotment
So I have purchased yesterday @ 675
Please advice if it can cross 800/850 in next few days
I plan to keep very small quantity for long term
Will book profit as per your directions
Pls guide
490. vipin goyal |   Link |Mar 3, 2010 10:15:40 PM
Thanks n best wishes to GEM IPO FINDER n SREEDHAR in predicting ARSS.although i was not alloted any share but i could make rs 1700 through daytrading only bcoz of ur assessment n prediction. Thanks a lot.............
489. GEM IPO FINDER |   Link |Mar 3, 2010 8:48:36 PM
488. toshniwal |   Link |Mar 3, 2010 8:28:15 PM
Congrats GEM IPO
What a perfect pridection u have made.
Share touching 750+ was remarkable guess.
How Man Infra will behave so that we can earn better.
Plz don't forget to advise regd. Man Infra
487. sridhar |   Link |Mar 3, 2010 8:18:22 PM
Thanx Gem for ur valueble coments on Arss,

& for IPO Bull too.........................

Bye see u next for DQ Ent