This entry is part 8 of 8 in the series IPO

mep toll
MEP Infrastructure Developer Ltd
  is coming up with a further Public Offer  (IPO) of its shares between 21 April 2015  to 23 April 2015.

The price band of issue is Rs. 63 (Floor Price) to Rs. 65 (Cap Price).

The minimum application size and bid lot  225 Equity Shares and in multiples of 225 Equity Shares thereof.

Issue Details

IPOMEP Infrastrucuture Developer Ltd
Issue Open21 April 2015
Issue Close23 April 2015
Issue Size 324 Cr
Price BandRs. 63 to Rs. 65
Retail Investor Discount----------
Bid Lot225 Equity Shares
RegistrarLink Intime India Pvt Ltd
Cheque in Favour of (Retail Investor)
NRI (Retail)-----NA-----
Listing BSE & NSE
IPO GradeN/A

VRL IPO Payment Schedule for Retail Application  

No. of SharesAmount (Rs)
22514625
45029250
67543875
90058500
112573125
135087750
1575102375
1800117000
2025131625
2250146250
2475160875
2700175500
2925190125

Company Profile

About MEP Infrstructure Business:

MEP Infrastructure developer Ltd is an established and leading player in tolling operations in the road infrastructure sector, with a pan india prsence. It has focus on pure toll collection projects as well as OMT projects, which involve maintenance obligations in addition to toll collection on operational roads constructed by third parties.

The company commenced its business with collection of toll at the five Mumbai Entry Points in December 2002, which it undertook for a period of eight years.

Some of the significant toll collec ttion projects completed by it include :

  • Project for colle ction of toll at five five mumbai entry points where they currently operate an OMT contract pursant to a re-award
  • Project for collection of toll at Chalthan toll plaza, Gujarat
  • Project for collection of toll at the toll plazas located at Ahmedabad, AUDA Ring Road, Nadiad, Anand and Vadodara on the Ahmedabad – Vadodara Expressway, Gujarat
  • Project for collection of toll for the Rajiv Gandhi Sea Link, Mumbai
  • Project for collection of toll at chirle toll plaza and Karanjade toll plaza  Maharastra
  • Project for collection of toll at the toll  plazas on Hanumangarh -Kishangarh road, Rajasthan.

Risk Factor 

  • Dependence on Mumbai Entry point project
  • Negative Cash Flow

MEP Infrastructure : Official Website

 

 Allotment & Listing Details

Update MEP Infrastructure Developer Limitied IPO Allotment & Listing Details update after 15 days  from Issue closing

 Registrar Link 

 

 

MEP Infrastructure-ISIN, Script Code, Listing &[intlink id=”349″ type=”page”]Allotment[/intlink] Details in Below Table- Update shortly

 

Collection Center @ Pune

7, Omkar Corner, opp Cosmos Bank ,

Tilak Road, Sadashiv Peth,

Pune 411030

Mobile:  800 775 0904 / 77 1991 7444