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Open
27 Jun to 3 Jul, 2007
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Close
27 Jun to 3 Jul, 2007
3
Allotment
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Listing
Tue, Jul 17, 2007
Price Band
₹1020 to ₹1090
Issue Size
49,00,000 shares (agg. up to ₹527 Cr)
Lot Size
5 Shares
Listing Date
Tue, Jul 17, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 30.20x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Action Construction Equipment Ltd. | Mainboard | ₹59.80 Cr | ₹130 | 1.41 | ₹193.65 | +48.96% | ₹1,003.70 (-0.28%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of Metro Coach Manufacturing Facility at Bangalore | 214.51 |
| 2 | Capital Expenditure including upgradation of current facilities | 90.00 |
| 3 | Voluntary Retirement Scheme (“VRS”) for Employees | 90.00 |
| 4 | Setting up of 5MW Wind Mill for captive consumption | 27.00 |
| 5 | Contribution for setting up R&D Centre of Excellence for Metro Coaches | 9.00 |
| 6 | Issue Expenses | 14.50 |
| 7 | General Corporate Purposes | 81.74 |
About Bharat Earth Movers FPO
Bharat Earth Movers Limited (BEML) is a leading manufacturer of mining and construction equipments in India. BEML was incorporated in 1964 as a Public Sector Undertaking (PSU) under the administrative control of Department of Defense Production and Supplies, Ministry of Defense, with headquarters at Bangalore.BEML deals in three product segments comprising Mining and Construction equipments, Defense products and Railway & Metro products. BEML is also in design and manufacturing high quality hydraulics, heavy-duty diesel engines, welding robots and heavy fabrication jobs.BEML is a Mini-Ratna (Category 1) Company under the Ministry of Defense and ranked as the first among the Fastest Growing Construction Equipment Companies in India.+ Read More
Contact Details
Bharat Earth Movers Ltd. AddressBharat Earth Movers LimitedBEML Soudha, No.23/1, 4th Main RoadSampangiramanagarBengaluru, Karnataka, 560027+91-80-2296 3142office@cs.beml.co.inVisit Website