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KNR Constructions Limited IPO (KNR Constructions IPO) Detail

January 24, 2008 - January 29, 2008

KNR Constructions IPO is a book built issue of Rs 133.87 crores.

KNR Constructions IPO bidding started from January 24, 2008 and ended on January 29, 2008. The shares got listed on BSE, NSE on February 18, 2008.

KNR Constructions IPO price band is set at ₹170 to ₹180 per share. The minimum lot size for an application is 35 Shares. The minimum amount of investment required by retail investors is ₹6,300.

Axis Bank Limited is the book running lead manager of the KNR Constructions IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to KNR Constructions IPO RHP for detailed information.

KNR Constructions IPO Details

IPO Date January 24, 2008 to January 29, 2008
Listing Date February 18, 2008
Face Value ₹10 per share
Price Band ₹170 to ₹180 per share
Lot Size 35 Shares
Total Issue Size7,874,570 shares
(aggregating up to ₹133.87 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

KNR Constructions IPO Lot Size

Investors can bid for a minimum of 35 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 35 ₹6,300
Retail (Max) 31 1085 ₹195,300
Lot Size Calculator

About KNR Constructions Limited

Incorporated in 1995, KNR Constructions Limited is an infrastructure project development company providing engineering, procurement and construction services across various fast growing sectors namely roads & highways, irrigation and urban water infrastructure management.

KNR's project execution strength primarily is in road transportation engineering projects namely construction and maintenance of roads, highways, flyovers and bridges. Presently they are executing 24 contracts spread across various states in the country. KNR's clients are governmental agencies like the NHAI, and public works department under the State Governments of Andhra Pradesh, Madhya Pradesh, Karnataka, Tamil Nadu and Uttar Pradesh.

Some of the major projects completed by KNR:

Four laning of NH-24 from Km.27.643 to 48.638 and construction of Hapur Bypass in Uttar Pradesh.
Rehabilitation and upgrading of Surat (Gujrat).
Widening to 4 lanes and Rehabilitation of Existing 2-lane carriageway of Krishnagiri- Vaniyambadi in the State of Tamil Nadu.
Widening to 4/6 lanes and strengthening of the existing 2-lane carriageway in the state of Andhra Pradesh.
Major Maintenance Works under Uttar Pradesh State Road from Azamgarh to Ghazipur.

Objects of the Issue (KNR Constructions IPO Objectives)

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for
1. Further Equity investment in BOT projects;
2. Purchase of capital equipment;
3. For meeting working capital requirement;
4. For General Corporate Purpose.


KNR Constructions IPO Subscription Status (Bidding Detail)

The KNR Constructions IPO is subscribed 1.25 times on January 29, 2008 5:00:00 PM. The public issue subscribed 0.28 times in the retail category, 1.38 times in the QIB category, and 3.21 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

CRISIL IPO Grade:

KNR Constructions Limited IPO has been graded by CRISIL Limited as CRISIL IPO GRADE 3/5, indicating that the fundamentals of the issue are average, in relation to other listed equity securities in India.

KNR Constructions IPO Prospectus

KNR Constructions IPO Rating

49
2.1
Rating:Rated 2.1 stars
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KNR Constructions IPO Listing Details

Listing Date February 18, 2008
BSE Script Code 532942
NSE Symbol KNRCON
ISIN INE634I01011
Final Issue Price ₹180 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹180.00
₹180.00
₹151.15
₹199.00
₹154.35
NSE
₹180.00
₹210.00
₹151.30
₹210.00
₹154.90

Check IPO Performance…

KNR Constructions Limited Contact Details

KNR Constructions Limited
6-3-635, 3rd Floor,
Akash Ganga, Khairathabad,
Hyderabad 500 004, India
Phone: +91-40-23323435
Email: ipo@knrcl.com
Website: http://www.knrcl.com

KNR Constructions IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: knr.ipo@intimespectrum.com
Website: https://linkintime.co.in/initial_offer/public-issues.html

KNR Constructions IPO - Buy or Not

KNR Constructions IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 2 1 3
Members 0 0 0

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KNR Constructions IPO FAQs

KNR Constructions IPO is a main-board IPO of 7,874,570 equity shares of the face value of ₹10 aggregating up to ₹133.87 Crores. The issue is priced at ₹170 to ₹180 per share. The minimum order quantity is 35 Shares.

The IPO opens on January 24, 2008, and closes on January 29, 2008.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The KNR Constructions IPO opens on January 24, 2008 and closes on January 29, 2008.

KNR Constructions IPO lot size is 35 Shares, and the minimum amount required is ₹6,300.

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

The KNR Constructions IPO listing date is on February 18, 2008.
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KNR Constructions IPO Message Board

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42 Comments

42. ramesh |   Link |  Bookmark |February 17, 2008 10:57:11 PM
it will list at 145 and come down to 200
41. rajeev |   Link |  Bookmark |February 17, 2008 10:23:30 PM
applicant no.35398096....of shriram epc..how many shres i get....thamks in advance
40. Sher Man |   Link |  Bookmark |February 17, 2008 7:06:07 PM
Rel Power to be announced announce bouns share..

Market will up now

KNR will list on 200+
39. BHARAT JAIN |   Link |  Bookmark |February 15, 2008 8:55:21 PM
K N R CONSTRUCTION WILL LIST AT 145 AND WILL FALL TO 100
38. alok |   Link |  Bookmark |February 15, 2008 4:24:10 PM
this is not a good time for IPO .It will fall to 100
37. andu ka jhandu |   Link |  Bookmark |February 15, 2008 3:17:14 PM
the news is correct it will list @ 700+
paka news hao bhai log
36. SOMANI |   Link |  Bookmark |February 14, 2008 6:59:12 PM
700/- PAR KHULEGA KUSH HO JAO, PAKKI REPORT HAI..........
35. stock shock |   Link |  Bookmark |February 14, 2008 4:47:38 PM
listing date ???? has ne cut off applicant got refunded of 350 bucks yet ???
34. Tufanmail |   Link |  Bookmark |February 12, 2008 10:27:23 PM
Hurray I got 35
33. Vikram singh |   Link |  Bookmark |February 12, 2008 9:09:33 PM
Allotment is out....
32. vaisakh |   Link |  Bookmark |February 12, 2008 7:35:19 PM
KNR allotment is out. I got e-mail from Intime that I have been alloted 35 shares. Also they have credited back Rs.350/- since the issue price is at lower band. But listing price god knows.
31. Jit |   Link |  Bookmark |February 11, 2008 6:56:46 PM
TODAY I GOT REFUND OF ENTIRE AMOUNT I.E RS.18900/-. APPLIED FOR 105 SHARES. WHAT HAPPENS???? IS IT GET CAN CANCELED?? WHAT EVER HAPPENS THANK GOD..JAAN CHUTI..YAAR..
30. Aftab |   Link |  Bookmark |February 10, 2008 1:00:07 AM
Hi,

When is the allotment?

Thanks
AFtab
29. rakesh sharma |   Link |  Bookmark |February 9, 2008 10:59:33 AM
hi
knrcl is a 40 year old company in pure infra space.
its good investment for 3 to 6 months range.

the market was acting crazy
knr did not extend date
nor did it reduce price.
it did not use any nefarious ways to get subscription ! the market knows all these facts.

when the going gets tough only the tough get going.

28. praveen |   Link |  Bookmark |January 30, 2008 6:45:58 PM
KNR Issue is subscribed...no need of retail portion to subc. 100%. QIB is subc. more then 1x..its enough....
27. Gharsh |   Link |  Bookmark |January 30, 2008 12:57:35 PM
Buy Surya chakra (BSE532874)

Good share - will reach 60 when Rel Power get listed

It is hitting upper circuit since Mr Tulsiyann Recommendation daily

(As per Mr Tulsiyan) - Nice future

Buy it. Good share in power sector
26. Fandoo |   Link |  Bookmark |January 30, 2008 12:58:03 AM
This IPO will be withdrawn in a day or two...
else KNR has to extend end date of IPO bcoz retail not fully subscribed...

so wait for extension of IPO date OR refund of your money...

SAVE ur money friends.

25. Tiger shankar |   Link |  Bookmark |January 29, 2008 3:40:53 PM
If In-TIME is so Bad is there a place where we can all provide complaints to SEBI
24. shree |   Link |  Bookmark |January 29, 2008 11:12:26 AM
INTIME SPECTRUM is worst register. they won't reply to the E-mails or they won't pick up their phone if you call them. I have a experince with them from fast three month.

I have applied for JYOTHI LAB IPO still I am waiting for the REFUND.Actulyy they alloted my share to some body by mistyping the DEMAT Account. they are horribul register.
23. Prakash |   Link |  Bookmark |January 28, 2008 11:47:13 PM
Buy this share in case you consider a long time investment