IPO Dilip Buildcon Ltd Aug 2016
IPO Dilip Buildcon Ltd is coming up with a further Public Offer (IPO) of its shares between 1 Aug 2016 to 3 Aug 2016. Fresh Issue of shares aggregating upto Rs. 430 Crores and offer for sale of 1,02,27,273 Equity Shares (223.98 Crores).
The price band of issue is Rs. 214 to Rs. 219.
The minimum application size and bid lot 65 Equity Shares and in multiples of 65 Equity Shares thereof.
|IPO||Dilip Buildcon Ltd|
|Issue Open||1 Aug 2016|
|Issue Close||3 Aug 2016|
|Issue Size||218.86 to 223.98 Cr|
|Price Band||Rs. 214 to Rs. 219|
|Maximum Bid Amount||200000 (2 Lakh)|
|Bid Lot||65 Equity Shares & in multiple thereof|
|Cheque in Favour of (Retail Investor)|
|Face Value||Rs. 10 Per Equity Share|
|Listing||BSE & NSE|
IPO Dilip Buildcon Ltd Business:
Incorporated in 2006, Dilip Buildcon Ltd is Bhopal, MP based Engineering, Procurement and Construction (EPC) contractor focused on road projects in India.
Company’s core business is undertaking construction projects across India in the roads and irrigation sectors. Dilip Buildcon is specialize in constructing state and national highways, city roads, culverts and bridges. Company is expanded into the irrigation and urban development businesses.
In last 5 years Dilip Buildcon completed the construction of 51 road projects in the states of Madhya Pradesh, Gujarat, Himachal Pradesh, Rajasthan and Maharashtra with an length of 5,858.49 lane kms. Company is owner of the one of the largest fleets of construction equipment in India with over 6,604 vehicles. Company is also one of the largest employer in construction sector with around 18,000 employees.
Dilip Buildcon’s Competitive Strengths:
1. One of the Leading Road-focused EPC Contractor
2. Efficient business model
3. Excellent execution track record through strong operating systems and controls
4. Strong financial performance and credit profile
5. Visible growth through a robust order book and excellent pre-qualification credentials
6. Experienced management and promoters
The promoters of the company are Dilip Suryavanshi, Seema Suryavanshi, Devendra Jain and Suryavanshi Family Trust.
Allotment & Listing Details
Dilip Buildcon Ltd -ISIN, Script Code, Listing & Allotment Details in Below Table-
7, Omkar Corner, opp Cosmos Bank ,
Tilak Road, Sadashiv Peth,
Mobile: 77 1991 7444