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ARSS Infrastructure IPO IPO

Mainline8 Feb 201011 Feb 2010
Open
8 Feb 2010
Close
11 Feb 2010
3
Allotment
Listing
Wed, Mar 3, 2010
Price Band
₹410 to ₹450
Issue Size
22,89,230 shares (agg. up to ₹103 Cr)
Lot Size
15 Shares
Listing Date
Wed, Mar 3, 2010
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Live Subscription

CategorySubscription (times)
Total51.27x

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
MBL Infrastructures Ltd.Mainboard₹102.60 Cr₹180null₹206.55+14.75%₹25.45 (-1.93%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Investment in joint ventures.5.00
2Funding long term working capital requirements86.00
3General corporate purpose3.72
4Public issue expenses8.28

About ARSS Infrastructure IPO

Incorporated in 2000, ARSS Infrastructure Projects Ltd is engaged in construction of railway infrastructure, roads, highways, bridges and irrigation projects in India. ARSS have business activities in the zonal jurisdictions of East Coast Railway, South Eastern Railway, South East Central Railway, Southern Railway and North Western Railway. ARSS also engaged in the railway construction projects, which includes earthwork, major and minor bridges, supply of ballast, sleepers, laying of sleepers and rails, linking of tracks etc. ARSS have completed around 200 km rail line and about 300 km of roads and highways.ARSS Infrastructure has presence in Eastern India, particularly in the state of Orissa. However, in recent years they have pursued opportunities in other parts of India including states of Chhatisgarh, Rajasthan, Jharkhand, Haryana , Kerla, Andhra Pradesh, Assam, Maharastra and Tamil Nadu.Some of the important projects being currently executed by ARSS on standalone / joint venture basis are as follows:1. Construction, rehabilitation and widening of Cuttack - Paradeep road, Orissa, for a contract value of Rs. 20,826.77 lacs.2. Construction of Roadbed including Major and Nior Brid

Contact Details

ARSS Infrastructure Projects Ltd. AddressPlot No.38Sector A, Zone-DMancheswar Industrial EstateBhubaneshwar, Odisha, 751010+ 91- 674-2588554 / 52ipo@arssgroup.inVisit Website