KNR Constructions Limited IPO (KNR Constructions IPO) Detail

Jan 24, 2008 - Jan 29, 2008

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:

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 Details

IPO Opening DateJan 24, 2008
IPO Closing DateJan 29, 2008
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹170 to ₹180 per equity share
Market Lot35 Shares
Min Order Quantity35 Shares
Listing AtBSE, NSE
Issue Size7,874,570 Eq Shares of ₹10
(aggregating up to ₹133.87 Cr)

KNR Constructions IPO Lot Size

The KNR Constructions IPO market lot size is 35 shares. A retail-individual investor can apply for up to 31 lots (1085 shares or ₹195,300).

ApplicationLotsSharesAmount (Cut-off)
Minimum135₹6,300
Maximum311085₹195,300

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 Subscription Status (Bidding Detail)

The KNR Constructions IPO is subscribed 1.25x times on Jan 29, 2008 17:00. The public issue subscribed 0.28x in the retail category, 1.38x in the QIB category, and 3.21x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
Total

1.25x

KNR Constructions IPO Prospectus

KNR Constructions IPO Rating

49
2.1
Rating:Rated 2.1 stars

Vote Here ...

KNR Constructions IPO Listing Date

Listing DateMonday, February 18, 2008
BSE Script Code532942
NSE SymbolKNRCON
Listing InB1
ISININE634I01011
IPO Price₹180 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹180.00
₹180.00
₹151.15
₹199.00
₹154.35
5,756,525
NSE
₹180.00
₹210.00
₹151.30
₹210.00
₹154.90
5,446,069

KNR Constructions IPO Reviews / Ratings

  • Hem Securities - Neutral
  • S P Tulsian - Avoid
  • KR Choksey Securities Ltd - Avoid
  • Business Line - Other
  • Smart Investments Ltd - Avoid
  • Manish Bhatt - Subscribe

Company Contact Information

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

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

KNR Constructions IPO Lead Manager(s)

KNR Constructions IPO FAQs

  1. What is KNR Constructions IPO?

    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 equity share. The minimum order quantity is 35 Shares.

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

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

  2. When KNR Constructions IPO will open?

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

  3. What is the lot size of KNR Constructions IPO?

    KNR Constructions IPO lot size is 35 Shares and the minimum order quantity is 35 Shares.

  4. How to apply for KNR Constructions IPO?

    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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When KNR Constructions IPO allotment?

    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.

  6. When is KNR Constructions IPO listing date?

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

KNR Constructions IPO Message Board

Ranked Members  Ranked Members

Loading...
42. ramesh |Feb 17, 2008 22:57
it will list at 145 and come down to 200
41. rajeev |Feb 17, 2008 22:23
applicant no.35398096....of shriram epc..how many shres i get....thamks in advance
40. Sher Man |Feb 17, 2008 19:06
Rel Power to be announced announce bouns share..

Market will up now

KNR will list on 200+
39. BHARAT JAIN |Feb 15, 2008 20:55
K N R CONSTRUCTION WILL LIST AT 145 AND WILL FALL TO 100
38. alok |Feb 15, 2008 16:24
this is not a good time for IPO .It will fall to 100
37. andu ka jhandu |Feb 15, 2008 15:17
the news is correct it will list @ 700+
paka news hao bhai log
36. SOMANI |Feb 14, 2008 18:59
700/- PAR KHULEGA KUSH HO JAO, PAKKI REPORT HAI..........
35. stock shock |Feb 14, 2008 16:47
listing date ???? has ne cut off applicant got refunded of 350 bucks yet ???
34. Tufanmail |Feb 12, 2008 22:27
Hurray I got 35
33. Vikram singh |Feb 12, 2008 21:09
Allotment is out....
32. vaisakh |Feb 12, 2008 19:35
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 |Feb 11, 2008 18:56
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 |Feb 10, 2008 01:00
Hi,

When is the allotment?

Thanks
AFtab
29. rakesh sharma |Feb 9, 2008 10:59
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 |Jan 30, 2008 18:45
KNR Issue is subscribed...no need of retail portion to subc. 100%. QIB is subc. more then 1x..its enough....
27. Gharsh |Jan 30, 2008 12:57
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 |Jan 30, 2008 00:58
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 |Jan 29, 2008 15:40
If In-TIME is so Bad is there a place where we can all provide complaints to SEBI
24. shree |Jan 29, 2008 11:12
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 |Jan 28, 2008 23:47
Buy this share in case you consider a long time investment







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