HG Infra Engineering IPO to open on Feb 26 20/02/2018

HG Infra Engineering IPO to open on Feb 26
20/02/2018
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HG Infra Engineering Ltd said it will launch its Rs 462 crore initial public offering on 26 February, said the media reports. HG Infra has set a price band of Rs263-270 per share for the IPO. The offer will close on 28 February. The proceeds from the fresh issue will be utilized for purchasing equipment, repayment of debt and meeting general corporate expenses. SBI Capital Markets Ltd and HDFC Bank Ltd are managing the HG Infra share sale.

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