HG Infra Engineering Limited will list soon at both of the Exchange i.e. Bombay Stock Exchange and National Stock Exchange. Investors can retrieve needful information like Price Band and Dates of the IPO, Company Profile, Allotment Status, Listing Dates etc. HG Infra Engineering Limited has drafted a Red Herring Prospectus and got approval for the same from the Regulatory firm Securities Board of India. HG Infra Engineering IPO is scheduled for February 26, 2018 with a price band of Rs. 263- Rs.270 per equity share. The lot size of applying HG Infra Engineering IPO is for 55 shares. One can apply via ASBA to avail the benefit of listing this IPO. The maximum application of amount for retail investor stood at Rs. 2 lacs.
Company profile:-
The company was incorporated on January 21, 2003 at Jodhpur, Rajasthan India. The company operates and deals in the field of infrastructure construction, development and management majorly focusing towards road projects, including highways, bridges and flyovers. Providing engineering, procurement and construction (“EPC”) services on a fixed-sum turnkey basis and undertaking civil construction and related infrastructure projects on item rate and lump sum basis (primarily in the roads and highway sector) are the main business operations of the firm. It has initiated to execute water pipeline projects and pipeline projects. The company is working on to undertake two water supply projects for designing, construction, operation and maintenance which is located in Rajasthan on turkey basis .Currently, the firm is focusing to complete its 21 ongoing projects which include the roads and highways sector, four civil construction projects and two water supply projects.
Positive Outlook of the Firm:-
- Focused towards roads and highways sector primarily in construction & development;
- Strong and capable business model;
- Vigorous project management and execution capabilities;
- Visible growth through its growing Order Book and improved pre-qualification credentials;
- Qualified and experienced management and working team;
Objects Of The Issue:-
Company will not get any proceeds from Offer for Sale by the selling Shareholders.
Under fresh Issue, it plans to utilize fund for the below mentioned purposes:
- For capital equipment;
- Repayment/ prepayment in part or in full, of certain indebtedness; and
- For general corporate expenses.
Summary Of Issue:
| Issue Open:- | February 26, 2018 – February 28, 2018 |
| Issue Type | 100% Book Built Issue IPO |
| Issue Size (Value) | Fresh Issue of [.] Equity Shares of Rs 10 aggregating up to Rs. 300.00 Cr
Offer for Sale of [.] Equity Shares of Rs 10 aggregating up to Rs. 0.60 Cr |
| Face Value | Rs. 10 Per Equity Share |
| Issue Price | Rs. [263-270] Per Equity Share |
| Market lots | 55 Shares |
| Minimum Order Quantity | 55 Shares |
| Listing At | BSE, NSE |
HG Infra Engineering IPO Subscription Details
| 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) | 3433647 | 0 | 0.00 |
| 2 | Non Institutional Investors (NIIs) | 2611027 | 185625 | 0.07 |
| 3 | Retail Individual Investors (RIIs) | 6092396 | 5133865 | 0.84 |
| Total | 12137070 | 5319490 | 0.44 |
Updated as on 27 Feb 2018 at 5:00 PM
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Important dates for HG Infra Infra Engineering IPO Allotment Status
- The Allotment date for HG Infra Engineering Limited IPO issue is expected on March 6, 2018.
- The amount will get unblocked on March 7, 2018.
- The Shares are expected to credit in DP accounts on March 8, 2018.
- The Shares of HG Infra Engineering Limited is likely to get listed on March 9,2018 on both BSE and NSE.
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HG Infra Engineering IPO Allotment Status
One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-
- To Check Your IPO Allotment Status
- Go to Application Status
- Select IPO as HG Infra Engineering IPO
- Enter your PAN Number or Application Id or DP Client Id.
It takes little time to fetch information so you need to be little patient.
Download “HG Infra Engineering Limited” IPO Application Form
From BSE: click here
From NSE: click here
Promoters Of the Company:-
- Mr. Harendra Singh
- MR. Vijendra Singh
- MR. Girish Pal Singh
Financials:-
| Particulars | For the year/Period ended (Rs. in Million) | ||||
| Financial Year | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 |
| Total Equity & Liabilities | 5,380.18 | 3,753.92 | 2,249.66 | 2,148.10 | 2,265.99 |
| Total Revenue | 9,739.72 | 7,148.02 | 3,377.33 | 4,465.84 | 3,254.40 |
| Total Expenses | 8,953.23 | 6,686.83 | 3,242.45 | 4,207.91 | 3,053.98 |
| Profit After Tax (PAT) | 533.34 | 353.50 | 46.38 | 108.99 | 151.41 |
Book Running Lead Managers Details:-
1) SBI Capital Markets Limited
202,Maker Tower ‘E’ Cuffe Parade
Mumbai 400 005 Maharashtra, India
Telephone: (+91 22) 2217 8300
Facsimile: (+91 22) 2218 8332
Email: hgiel.ipo@sbicaps.com
Investor Grievance E-mail: investor.relations@sbicaps.com
Website: www.sbicaps.com
Contact Person: Mr. Aditya Deshpande / Mr. Ronak Shah
SEBI Registration No.: INM000003531
2) HDFC Bank Limited
Investment Banking Group
Unit No 401 & 402, 4th Floor Tower B
Peninsula Business Park Lower Parel
Mumbai 400 013 Maharashtra, India
Telephone : (+91 22) 3395 8021
Facsimile : (+91 22) 3078 8584
Email: hginfra.ipo@hdfcbank.com
Investor Grievance Email: investor.redressal@hdfcbank.com
Website: www.hdfcbank.com
Contact Person: Mr. Rakesh Bhunatar / Mr. Kunal Datt
SEBI Registration No.: INM000011252
Registrar To The Issue:-
Link Intime India Private Limited
C-101, 1st Floor, 247 Park,
L.B.S. Marg Vikhroli (West)
Mumbai 400 083 Maharashtra, India
Telephone: +91 22 4918 6200
Facsimile: +91 22 4918 6195
E-mail: hginfra.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Ms. Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Registered Office Details:-
14, Panchwati Colony, Ratanada,
Jodhpur 342 001, Rajasthan, India
Tel: +91 291 2000307
Fax: +91 291 2515327
Corporate Office: IIIrd Floor, Sheel Mohar Plaza, A-1,
Tilak Marg, C-Scheme, Jaipur 302 001, Rajasthan, India
Tel: +91 141 4106040
Fax: +91 141 4106044
Contact Person: Ms. Ankita Mehra,
Company Secretary and Compliance Officer Tel: +91 +91 141 4106040
Fax: +91 141 4106044
E-mail: cs@hginfra.com
Website: www.hginfra.com
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