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Open
31 Jan to 5 Feb, 2008
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Close
31 Jan to 5 Feb, 2008
3
Allotment
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Listing
Mon, Feb 25, 2008
Price Band
₹185 to ₹220
Issue Size
5,10,57,666 shares (agg. up to ₹945 Cr)
Lot Size
30 Shares
Listing Date
Mon, Feb 25, 2008
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.20x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shriram EPC Ltd. | Mainboard | ₹150.00 Cr | ₹300 | null | ₹286.50 | -4.50% | ₹6.12 (-0.33%) |
| KNR Constructions Ltd. | Mainboard | ₹133.87 Cr | ₹170 | null | ₹154.90 | -8.88% | ₹122.57 (-1.25%) |
| J.Kumar Infraprojects Ltd. | Mainboard | ₹71.50 Cr | ₹110 | null | ₹103.35 | -6.05% | ₹499.40 (+2.01%) |
| BGR Energy Systems Ltd. | Mainboard | ₹438.53 Cr | ₹480 | null | ₹901.45 | +87.80% | ₹293.50 (-0.51%) |
| Maytas Infra Ltd. | Mainboard | ₹327.45 Cr | ₹370 | null | ₹613.35 | +65.77% | ₹27.57 (-4.13%) |
| Supreme Infrastructure India Ltd. | Mainboard | ₹37.54 Cr | ₹108 | null | ₹175.10 | +62.13% | ₹80.01 (-0.11%) |
| Roman Tarmat Ltd. | Mainboard | ₹50.78 Cr | ₹175 | null | ₹319.20 | +82.40% | ₹48.30 (-0.68%) |
| C & C Constructions Ltd. | Mainboard | ₹124.28 Cr | ₹291 | null | ₹241.45 | -17.03% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in Subsidiary, IDAA | 90.00 |
| 2 | Prepayment and repayment of existing loans of the Company and the Subsidiaries the Company | 236.00 |
| 3 | Prepayment and repayment of existing loans of the Subsidary, Aryan Toll Road Private Limited | 40.00 |
| 4 | Prepayment and repayment of existing loans of the Subsidary, Modern Road Makers Private Limited | 75.00 |
| 5 | Prepayment and repayment of existing loans of the Subsidary, Thane Ghodbunder Toll Road Private Limited | 207.00 |
| 6 | Prepayment and repayment of existing loans of the Subsidary, NKT Road & Toll Private Limited | 25.00 |
| 7 | Prepayment and repayment of existing loans of the Subsidary, Ideal Road Builders Private Limited | 40.00 |
| 8 | Prepayment and repayment of existing loans of the Subsidary, Mhaiskar Infrastructure Private Limited | 100.00 |
| 9 | General corporate purposes | 30.25 |
| 10 | Issue related expenses | 101.32 |
| Total | 944.57 |
About IRB Infrastructure Developers IPO
Incorporated in 1998, IRB Infrastructure Developers Limited is in infrastructure development business which involves construction, development and operation of infrastructure development projects.IRB Infrastructure Developer is an established infrastructure company in the roads sector in India and have a large portfolio of completed and operational BOT projects in the Indian road infrastructure sector. IRB's construction business complements infrastructure development business and involves engineering, procurement and construction work for construction projects on a contractual basis, including in the roads sector.IRB is one of the leading Private Developers in the Western India & having large number of operating toll road projects. IRB has executed Road Construction works on BOT and funded basis for the Clients like MORST&H, NHAI, MSRDC, PWD, World Bank, Asian Development Bank, of around 1200 kms length, so far. IRB executed one of the early BOT Project viz. 'Thane Bhiwandi By-Pass Road' & the prestigious 'Mumbai - Pune Expressway & NH 4 BOT Project'.+ Read More
Contact Details
IRB Infrastructure Developers Ltd. Address3rd Floor, IRB ComplexChandivli FarmAndheri (East)Mumbai, Maharashtra, 400072+91-22 6640 4220ipo@irb.co.inVisit Website