KNR Constructions IPO Latest News Today

KNR Constructions Limited IPO Listing Info

IPO Listing Date: Monday, February 18, 2008
BSE Script Code: 532942
NSE Symbol: KNRCON
Listing in: B1 Group of Securities
ISIN: INE634I01011
Issue Price: Rs. 180/-
Face Value: Rs 10/- Per Equity Share

KNR Constructions Limited IPO Listing Info

IPO Listing Date: Monday, February 18, 2008
BSE Script Code: 532942
NSE Symbol: KNRCON
Listing in: B1 Group of Securities
ISIN: INE634I01011
Face Value: Rs 10/- Per Equity Share
 

IPO Allotment Status is now available online for KNR Constructions Ltd IPO.

KNR Constructions Ltd IPO was open on January 24, 2008 and closed on January 29, 2008. IPO was oversubscribed by 1.25 times (0.2772 times in retail).

IPO Allotment Status is now available online for KNR Constructions Ltd IPO.

KNR Constructions Ltd IPO was open on January 24, 2008 and closed on January 29, 2008. IPO was oversubscribed by 1.25 times (0.2772 times in retail).

KNR Constructions Limited IPO oversubscribed by 1.25 times. Non Institutional category oversubscribed around 3.2059 times while Qualified Institutional Buyers (QIBs) quota oversubscribed around 1.3750 times.

Retail Individual Investors (RIIs) category oversubscribed 0.2772 times.

KNR Constructions Limited IPO - Final bid details (information from NSE Website)

Sr.No.	Category	No.of shares offered/reserved	No. of shares bid for	No. of times of total meant for the category
1	Qualified Institutional Buyers (QIBs)	3867280	5317445	1.3750
1(a)	Foreign Institutional Investors (FIIs)	1966160
1(b)	Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)	222180
1(c)	Mutual Funds	3129105
1(d)	Others	0
2	Non Institutional Investors	1160185	3719450	3.2059
2(a)	Corporates	2822120
2(b)	Individuals (Other than RIIs)	897330
2(c)	Others	0
3	Retail Individual Investors (RIIs)	2707105	750505	0.2772
3(a)	Cut Off	682710
3(b)	Price Bids	67795
4	Employee Reservation	140000	85575	0.6113
4(a)	Cut Off	1610
4(b)	Price Bids	83965

 

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 Constructions is entering in the capital markets with an initial public offering, IPO of 7,874,570 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs. 170/- at lower level and Rs. 180/- at upper level for equity share of Rs. 10/-. The issue opens on Jan 24, 2008, and closes for subscription on Jan 29, 2008. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

KNR Constructions Limited, IPO subscribed 0.09 times on its 1st day.
QIBs: 0.0431
Non Institutional: 0.4994
Retail (RIIs): 0.0005

The price band for the issue is  Rs. 170/- at lower level and Rs. 180/- at upper level for equity share of Rs. 10/-. The issue closes for subscription on Jan 29, 2008. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

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 Constructions is entering in the capital markets with an initial public offering, IPO of 7,874,570 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs. 170/- at lower level and Rs. 180/- at upper level for equity share of Rs. 10/-. The issue opens on Jan 24, 2008, and closes for subscription on Jan 29, 2008. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

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 Constructions is entering in the capital markets with an initial public offering, IPO of 7,874,570 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs. 170/- at lower level and Rs. 180/- at upper level for equity share of Rs. 10/-. The issue opens on Jan 24, 2008, and closes for subscription on Jan 29, 2008. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).