PNC Infratech IPO to kick-off on May 8
07/05/2015 15:25
PNC Infratech, an Indian Infrastructure development company, will launch the public offering of its equity shares on May 8. The issue will close on May 12, 2015. The Agra-based firm, which has fixed price band at Rs 355-378 per equity share, plans to raise around Rs. 488 crore at the upper end of the price band and Rs. 456 crore at the lower end. ICICI Securities and IDFC Securities are the book running lead managers to the offer. PNC Infratech Ltd is engaged in the execution of major infrastructure projects, including highways, bridges, flyovers, power transmission lines, airport runways, development of industrial areas and other infrastructure activities. They have executed projects across various states in India including Rajasthan, Punjab, Haryana, Uttarakhand, Uttar Pradesh, Delhi, Bihar, West Bengal, Assam, Madhya Pradesh, Maharashtra, Karnataka and Tamil Nadu. Company has executed 42 major infrastructure projects on an EPC basis.
07/05/2015 15:25
PNC Infratech, an Indian Infrastructure development company, will launch the public offering of its equity shares on May 8. The issue will close on May 12, 2015. The Agra-based firm, which has fixed price band at Rs 355-378 per equity share, plans to raise around Rs. 488 crore at the upper end of the price band and Rs. 456 crore at the lower end. ICICI Securities and IDFC Securities are the book running lead managers to the offer. PNC Infratech Ltd is engaged in the execution of major infrastructure projects, including highways, bridges, flyovers, power transmission lines, airport runways, development of industrial areas and other infrastructure activities. They have executed projects across various states in India including Rajasthan, Punjab, Haryana, Uttarakhand, Uttar Pradesh, Delhi, Bihar, West Bengal, Assam, Madhya Pradesh, Maharashtra, Karnataka and Tamil Nadu. Company has executed 42 major infrastructure projects on an EPC basis.
