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Open
28 Feb to 6 Mar, 2017
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Close
28 Feb to 6 Mar, 2017
3
Allotment
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Listing
Wed, Mar 15, 2017
Price Band
₹125 per share
Issue Size
20,40,000 shares (agg. up to ₹26 Cr)
Lot Size
1,000 Shares
Listing Date
Wed, Mar 15, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.88x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Mewar Hi-Tech Engineering Ltd. | SME | ₹2.34 Cr | ₹22 | null | ₹26.40 | +20.00% | ₹65.00 (-0.31%) |
| Shashijit Infraprojects Ltd. | SME | ₹3.49 Cr | ₹15 | null | ₹15.25 | +1.67% | ₹2.35 (+0.43%) |
| HEC Infra Projects Ltd. | SME | ₹5.39 Cr | ₹100 | null | ₹97.90 | -2.10% | ₹118.49 (-1.86%) |
| Dilip Buildcon Ltd. | Mainboard | ₹653.98 Cr | ₹219 | null | ₹251.75 | +14.95% | ₹408.40 (+0.33%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Long term working capital requirement | 13.00 |
| 2 | General Corporate Purpose | 2.62 |
| 3 | Company’s share of Issue related Expenses | 0.22 |
About Akash Infra-Projects IPO
Incorporated in 1999, Akash Infra-Projects Ltd (AIPL) is engaged into the business of civil construction and has undertaken various government contracts for construction of roads. It is primarily into the Construction of roads, resurfacing, widening repairs of roads and Minor bridges etc.It has proven track record of successful completion of various road projects in the state of Gujarat. It is also into the business of hospitality segment and operating and managing hotel named Pathikashram at Gandhinagar which is owned by Gujarat Government.+ Read More
Contact Details
Akash Infra-Projects Ltd. Address2 Ground Floor, Abhishek ComplexOpp.Hotel HaveliSector 11Gandhinagar, Gujarat, 382011+91-079-23227006ipo@akashinfra.comVisit Website