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.
The individual promoters of the Company are:
1. Mr. Subash Agarwal, aged 44 years, is the Chairman and Promoter of the Company.
2. Mr. Rajesh Agarwal, aged 36 years, is the Managing Director and Promoter of the Company.
3. Mr. Sunil Agarwal, aged 33 years, is the President, Chief Executive Officer and a Promoter of the Company.
4. Mr. Anil Agarwal, aged 40 years, is the Senior Vice President, Chief Operating Officer and a Promoter of the Company.
| Particulars | For the year/period ended (Rs. in Lakhs) | ||||
| 30-Jun-09 | 31-Mar-09 | 31-Mar-08 | 31-Mar-07 | 31-Mar-06 | |
| Total Income | 22,554.68 | 62,822.52 | 31,541.61 | 13,384.09 | 6,064.13 |
| Profit After Tax (PAT) | 1,890.38 | 5,118.64 | 2,683.57 | 1,055.63 | 332.18 |
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.
| Issue Open | Feb 8, 2010 - Feb 11, 2010 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 2,288,889 Eq Shares of Rs 10 (aggregating up to Rs 103.00 Cr) |
| Face Value | Rs 10 Per Equity Share |
| Issue Price | Rs 410 - Rs 450 Per Equity Share |
| Market Lot | 15 Shares |
| Min Order Quantity | 15 Shares |
| Listing At | BSE, NSE |
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
Check IPO Ratings from other stock analysts.
No. of Times Issue Subscribed (BSE + NSE) | ||||
|---|---|---|---|---|
As on Date & Time | QIB | NII | RII | Total |
Shares Offered | 1,507,317 | 251,219 | 753,659 | 2,512,195 |
Feb 11, 2010 17:00 | 49.34x | 124.53x | 18.55x | 47.62x |
| Listing Date | Wednesday, March 3, 2010 |
| BSE Script Code | 533163 |
| NSE Symbol | ARSSINFRA |
| Listing In | B |
| ISIN | INE267I01010 |
| Issue Price | Rs 450 Per Equity Share |
| Face Value | Rs 10 Per Equity Share |
|
|
|
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
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Guaranteed Save 60% to 90% Brokerage
You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.
We can help you choosing the right broker. Contact us today...
Useful Articles
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock Broker Comparison
Compare Share Brokers Side-by-Side Comparison List of Stock Brokers Broker Complaints Monitor Articles / Tutorials GlossaryDiscount Brokers
5paisa (Flat ₹10) Zerodha (Flat ₹20) ProStocks (Flat ₹15) Upstox RKSV (Flat ₹20) Trade Smart Online More Discount Brokers >>Full-service Brokers
ICICI Direct Edelweiss Broking Motilal Oswal Angel Broking Sharekhan More Full-service Brokers >>More About Brokers
Special Offers Broker Reports Top 10 Discount Brokers Top 10 Full-Service Brokers Top 20 Share BrokersTrading Platform Reviews
Zerodha Kite Review Omnesys NEST Review ODIN Review NSE NOW Review More Trading Platform Reviews >>Message Board
Stock Message BoardOptions Basics
Options Overview Benefits & Risks of Options Options Pricing More Articles... Options Trading FAQs Options Trading GlossaryBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaHistory of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc
