H.G. Infra Engineering Ltd IPO (HG Infra IPO) Detail

Feb 26, 2018 - Feb 28, 2018

Incorporated in 2003, H.G. Infra Engineering Ltd (HGIEL) is Jaipur, Rajasthan based an infrastructure construction, development and management company. Company focus area is road projects, including highways, bridges and flyovers. Company's main business operations include providing engineering, procurement and construction (EPC) services on a fixed-sum turnkey basis and undertaking civil construction and related infrastructure projects. HGIEL is also engaged in executing water pipeline projects and are currently have two water supply projects in Rajasthan.

HGIEL has completed 13 large projects in the roads and highways sector aggregating to a total contract value of ₹16,748.94 million, which included construction, improving, widening, strengthening of two and four lane highways, construction of high level bridge and construction of earthen embankment, culverts and cart track underpasses. As of now company has 21 ongoing projects in the roads and highways sector.

HGIEL is pre-qualified to bid independently on an annual basis for bids by NHAI and MoRTH. HGIEL's public sector clients include NHAI, PWD, MES and Jaipur Development Authority.

Company Promoters:

The Promoters of the Company are Mr. Harendra Singh, Mr. Vijendra Singh and Mr. Girish Pal Singh.

Company Financials:

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (in Rs. million)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	5,380.18	3,753.92	2,249.66	2,148.10	2,265.99
Total Revenue	9,739.72	7,148.02	3,377.33	4,465.84	3,254.40
Profit After Tax	492.97	301.83	92.22	171.71	134.90

Objects of the Issue:

The Offer comprises a Fresh Issue of ₹300 Cr and an Offer for Sale of up to 6,000,000 Equity Shares.

The Offer for Sale
Each of the Selling Shareholders will be entitled to the respective proportion of the proceeds of the Offer for Sale. Company will not receive
any proceeds of the Offer for Sale by the Selling Shareholders.

The Fresh Issue
The Net Proceeds of the Fresh Issue are proposed to be utilized by the Company for the following objects:
(a) Purchasing capital equipment;
(b) Repayment/ prepayment in part or in full, of certain indebtedness; and
(c) General corporate purposes.

HG Infra IPO Details

Issue Open	Feb 26, 2018 - Feb 28, 2018
Issue Type	Book Built Issue IPO
Issue Size	[.] Eq Shares of Rs 10 (aggregating up to Rs 462.00 Cr)
Fresh Issue	[.] Eq Shares of Rs 10 (aggregating up to Rs 300.00 Cr)
Offer for Sale	6,000,000 Eq Shares of Rs 10 (aggregating up to Rs [.] Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 263 - Rs 270 Per Equity Share
Market Lot	55 Shares
Min Order Quantity	55 Shares
Listing At	BSE, NSE

HG Infra IPO Tentative Date / Timetable

Bid/Offer Opens On	Feb 26, 2018
Bid/Offer Closes On	Feb 28, 2018
Finalisation of Basis of Allotment	Mar 6, 2018
Initiation of Refunds	Mar 7, 2018
Credit of Shares to Demat Acct:	Mar 8, 2018
IPO Shares Listing Date:	Mar 9, 2018

HG Infra IPO Subscription Status (Bidding Detail)

HG Infra IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	QIB	NII	RII	Total
Shares Offered	3,433,647	2,611,027	6,092,396	12,137,070
Feb 28, 2018 19:30	8.37x	4.97x	3.08x	4.98x

HG Infra IPO Prospectus

› Red Herring Prospectus

HG Infra IPO Rating

645

3.9

Rating:

Vote Here ...

HG Infra IPO Listing Date

› Listing Date: Friday, March 9, 2018
› BSE Script Code: 541019
› NSE Symbol: HGINFRA
› Listing In:
› ISIN: INE926X01010
› Issue Price: Rs 270 Per Equity Share
› Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

BSE
Rs 270.00
Rs 270.00
Rs 252.60
Rs 276.00
Rs 270.05
3,325,230

NSE
Rs 270.00
Rs 270.00
Rs 252.10
Rs 276.00
Rs 267.75
15,776,490

HG Infra IPO Reviews / Ratings

Dilip Davda's - Subscribe for Long Term
ICICI Direct - Subscribe
Capital Market Review
INDSEC Securities - Subscribe
Hem Securities - Subscribe
SPA Securities - Subscribe
IIFL - Subscribe
Choice Broking - Subscribe
Nirmal Bang - Subscribe for long term gains
Centrum Wealth Research - Subscribe for long term

Company Contact Information

H.G. Infra Engineering Ltd
3rd Floor, Sheel Mohar Plaza, A-1,
Tilak Marg, C-Scheme,
Jaipur 302 001

Phone: +91 141 4106040
Email: cs@hginfra.com
Website: http://www.hginfra.com/

HG Infra IPO Registrar

Link Intime India Private Ltd   »  Report
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: hginfra.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

HG Infra IPO Lead Manager(s)

HDFC Bank Limited » Report
SBI Capital Markets Limited » Report

Lead Manager Reports

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...

Find HG Infra IPO Latest Update

Useful Articles

HG Infra IPO Review / Comments

344. unkill bacardi Apr 11, 2018 13:30

I have one lot ...is it ok to hold further lets say six months ?

or sell at this point of time to book profit ?

343. G S KAUSHIK Apr 9, 2018 10:28

1 |

SHARE HOLDING OF M F IN HG INFRA

RELIANCE MUTUAL 1.96
ADITYTA BIRLA 1.62
SBI MUTUAL 1.07
L& T MUTUAL FUND 1.53
HDFC MUTUAL FUND 1.27

RELIANCE SECURITIES GIVE TARGET 375

342. Solution of Queries Apr 5, 2018 12:38

IPO Guru (1100+ Posts, 1400+ Likes)

Doing well , today CMP 317 in NSE

342.1. Tin Tu Apr 5, 2018 14:32

hi sir,
m nt knowing when to sell this shares???
i mean should i hold r will it rise again???

341. ipo madness Mar 26, 2018 07:47

Keep eye on this share for just next 15 days.

340. sonal patel Mar 18, 2018 18:45

Top Contributor (300+ Posts, 1300+ Likes)

Those who have not sold the SHARE and are waiting. ENJOY 300 Target ACHIVE

339. Cool Sunshine Mar 16, 2018 21:29

8 |

Dear All,

There was a news released to the media day before yesterday evening that HG Infra has won a new contract.

That news is the only reason of sudden rise from 253.

339.1. Cool Sunshine Mar 16, 2018 22:13

7 |

The news appeared in other online website as well and appeared in moneycontrol at 2:15 pm and the link is below:

https://www.moneycontrol.com/news/business/stocks/hg-infra-engineering-up-8-on-epc-order-win-worth-rs-187cr-2528755.html

Now go to yesterday charts and see when the stock price of this share started rising, you all will be able to correlate.

338. Cool Sunshine Mar 9, 2018 11:42

16 |

Each IPO is an opportunity to learn more and more. Sharing few points to think about.....

- Forward looking, thinking , statements, marketing, promotion alone cannot jack-up the IPO listing price.

- Analysis is good and valuation calculation has value......but IPO listing doesn''t depend ONLY on the analysis and valuation otherwise all analyst would have been billionaires.

- If someone promises 40-50% from an IPO listing, be cautious as it could be a trap to entice un-suspecting small buyers to subscribe the issue and thus generating some initial demand for the IPO.

- Generally, KNOWN DEVIL is better than UNKNOWN ANGEL, unless unknown angel is guaranteed to be an angel at reasonable cost. Whenever in doubt ....... known devil is more trustworthy.

- A good company doesn''t always mean blockbuster IPO listing. The company may have a good value but more important thing is value and potential at WHAT COST and prevailing global and local macros and sentiments at the time of listing.

- IPO is not a guaranteed listing gain instrument.

Load more comments (3 replies)

338.4. Cool Sunshine Mar 16, 2018 21:24

6 |

@vendetta

Where were u when it went to 253 with the issue price of 270. In hiding....in hibernation where were u and now resurfacing again when against a news the stock is up.

Suggest u and your cronies stop attacking unnecessary. If I go back and dig up your so called predictions/recommendations in different IPOs.......not even 50% will be correct but I don''t need to do it. It doesn''t matter to me whether you are right or wrong but it seems you and some other IDs have been so obsessed with my knowledge and messaging that whatever happens you will come back and attack.

BTW, I don''t care your shit.,,,,I can keep giving your shit in your mouth and face,,,,,,but un-necessary forum will get dirtied by your shit.

Whatever happens your attacks are not going to de-motivate me anyway in sharing my knowledge. If my knowledge was not valuable, I would not have been attacked by people like u and your cronies. So continue, I will feel more and more motivated only....

338.5. Cool Sunshine Mar 16, 2018 21:40

5 |

@vendetta

Below is one example of your shit which you have been doling in the forum.....

Look your 3 days old posting for Saraveshwar Foods. You predicted .........that there could be flat kind of listing. Now the everybody knows what kind of listing Saraveshawar Foods had. Let me tell the forum that there are people in this forum who have lost their full year IPO earnings just by applying in Saraveshwar Foods

This is just one example to let the forum know , the reality of people like you who keep attacking other genuine forum members.

.
29. v for vendetta Mar 13, 2018 10:02:03 AM IST Reply

Sarveshwar Foods Ltd IPO
There could be a flat kind of listing, I urge all allottee to have patience and hold the stock for medium term. Please dont panic on listing day. Remember its only our panic and fear brings down the share prices as we tend to sell it at any price.

337. P M Mar 16, 2018 17:56

IPO Guru (1100+ Posts, 1000+ Likes)

Today Makes another New All time HIGH --- 304.00

336. Sushilskg Mar 16, 2018 07:37

Aniket sir pls advice 1 yr view and your target as you have already sold your bought share.

336.1. Aniketiaf Mar 16, 2018 15:57

2 |

IPO Mentor (700+ Posts, 3900+ Likes)

Yes! I sold as I bought @ 258.
But...
If you can...
You must hold for one year for a target of 360+
Thanks.

336.2. Aniketiaf Apr 9, 2018 11:56

2 |

IPO Mentor (700+ Posts, 3900+ Likes)

It's about 340 today itself.

335. P M Mar 15, 2018 16:21

IPO Guru (1100+ Posts, 1000+ Likes)

Today Makes New All time HIGH --- 294.25

334. Sushilskg Mar 15, 2018 16:03

Expert pls advice hg infra 1 month target??

333. Aniketiaf Mar 9, 2018 04:48

9 |

IPO Mentor (700+ Posts, 3900+ Likes)

Good morning to all.
Best wishes to all allottee of H G Infra.
At least 5% listing gain should must be there.

Load more comments (1 replies)

333.2. Aniketiaf Mar 9, 2018 14:29

IPO Mentor (700+ Posts, 3900+ Likes)

@ harikrishnasara,
Not allotted with any of my 4 a/c.
But added a few @ 258 in today''s trade for short to medium term.
Thanks

333.3. Aniketiaf Mar 15, 2018 15:01

4 |

IPO Mentor (700+ Posts, 3900+ Likes)

Sold H G INFRA @ 292
BOUGHT @ 258

332. Sushilskg Mar 15, 2018 14:05

What is target of hg infra to exit from now?..expert pls advice.

331. Multiplyurmoney Mar 9, 2018 19:40

It will pick up soon unless market nosedives. Nothing to worry.

https://m.economictimes.com/markets/stocks/news/hg-infra-makes-tepid-debut-lists-at-issue-price-of-rs-270/articleshow/63227935.cms

330. AjayKMali Mar 9, 2018 10:58

3 |

Lucky, did not get allotment.

329. P M Mar 9, 2018 10:14

IPO Guru (1100+ Posts, 1000+ Likes)

Current Order Book
===============
NSE - Offer Price ------------------- 273.60 ============= BSE - Offer Price ----------------- 273.35
NSE - Total Bid Quantity -------- 2815695 ============ BSE - Total Bid Quantity -------- 893789
NSE - Total Offer Quantity ------ 4314983 ============ BSE - Total Offer Quantity ----- 1222970

328. guptahitz Mar 9, 2018 09:49

1 |

Finally touched 270+.

327. harit Mar 9, 2018 09:21

1 |

IPO Mentor (900+ Posts, 1400+ Likes)

252.** Quote lowest
So many recommendations
So much potential
But results???
Disclosure::
I sold 8 application for 250 fix

Load more comments (1 replies)

327.2. harit Mar 9, 2018 09:26

1 |

IPO Mentor (900+ Posts, 1400+ Likes)

Now 263 good

327.3. harit Mar 9, 2018 09:43

1 |

IPO Mentor (900+ Posts, 1400+ Likes)

270 looking greens

326. Bhallal dev Mar 9, 2018 09:26

1 |

IPO Mentor (500+ Posts, 1200+ Likes)

Retailers lose money due to their greed of some 5 - 10 rs.
Members lose money due to the posting of wrong highly inflated GMP by some FAKu type so called experts.
I am sure about coming IPOs also list in discount.
Just 25 rs. discount on issue price of 1200+ in HAL is a joke on poor retailors.

326.1. guptahitz Mar 9, 2018 09:43

1 |

I think majority of the investors rely on others research while investing. so, this will always be the case. It is not just about IPO but also true for secondary market.

325. P M Mar 9, 2018 09:38

IPO Guru (1100+ Posts, 1000+ Likes)

Current Order Book
===============
NSE - Offer Price ------------------- 265.10 ============= BSE - Offer Price ----------------- 265.20
NSE - Total Bid Quantity -------- 1031403 ============ BSE - Total Bid Quantity -------- 197763
NSE - Total Offer Quantity ------ 1290068 ============ BSE - Total Offer Quantity ----- 246732

Name		Phone
Email		City
State
Are you a day trader?