IPO Issue MEP Infrastructure Developer Ltd – Apr 2015
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.[wptabs mode=”horizontal”] [wptabtitle] Issue Details[/wptabtitle] [wptabcontent]
|IPO||MEP Infrastrucuture Developer Ltd|
|Issue Open||21 April 2015|
|Issue Close||23 April 2015|
|Issue Size||324 Cr|
|Price Band||Rs. 63 to Rs. 65|
|Retail Investor Discount||----------|
|Bid Lot||225 Equity Shares|
|Registrar||Link Intime India Pvt Ltd|
|Cheque in Favour of (Retail Investor)|
|Listing||BSE & NSE|
VRL IPO Payment Schedule for Retail Application
|No. of Shares||Amount (Rs)|
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.
- Dependence on Mumbai Entry point project
- Negative Cash Flow
MEP Infrastructure : Official Website[/wptabcontent]
[wptabtitle] Allotment & Listing Details[/wptabtitle] [wptabcontent]
Update MEP Infrastructure Developer Limitied IPO Allotment & Listing Details update after 15 days from Issue closing
MEP Infrastructure-ISIN, Script Code, Listing &[intlink id=”349″ type=”page”]Allotment[/intlink] Details in Below Table- Update shortly
7, Omkar Corner, opp Cosmos Bank ,
Tilak Road, Sadashiv Peth,
Mobile: 800 775 0904 / 77 1991 7444