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.
The Promoters of the Company are Mr. Harendra Singh, Mr. Vijendra Singh and Mr. Girish Pal Singh.
| 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 | |
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.
| 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 |
| 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 |
No. of Times Issue Subscribed (BSE + NSE) | |||||||
|---|---|---|---|---|---|---|---|
As on Date & Time | |||||||
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 | |||
645 3.9 Rating:  Vote Here ... |
|
|
|
Link Intime India Private Ltd » Report
Link Intime India Private Ltd,
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai 400078
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: hginfra.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
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...
1
|
|
|
8
|
7
|
16
|
6
|
5
|
|
|
|
|
3
|
1
|
1
|
IPO Guru (1100+ Posts, 1400+ Likes)
Top Contributor (300+ Posts, 1300+ Likes)
IPO Mentor (700+ Posts, 3900+ Likes)
or sell at this point of time to book profit ?