Issue Price
₹475
Per Share
GMP
NIL
Grey Market
Est. Listing
₹475
Expected Price
Min. Application
₹28,500
2 lots × 30 shares
Incorporated in 1976, Delhi based IRCON International Limited is a government company (under the Ministry of Railways) engaged in the business of engineering and construction. The company specializes in major infrastructure projects including highways, railways, bridges, flyovers, electrical and mechanical works, development of commercial, residential and industrial areas. It was ranked 248 in the list of 250 of top 250 global contractors by USA based Engineering News Record (ENR).IRCON is headquartered in Delhi and has 26 project offices, 5 regional offices in India and 5 overseas project offices in Sri Lanka, Bangladesh, Malaysia, South Africa, and Algeria.The company has 1,175 full-time employees on its payroll.Competitive Strengths of the company-1. Diversified business across many countries2. Strong Financial performance with a robust credit profile3. Strong order book of Rs 223,871.7 million as on Dec 31st, 2017.4. Continuously expanding footprint within and beyond India
IRCON International Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 9,905,157 | 100.00% | ₹470.49 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹14,250 |
| Retail (Max) | 13 | 390 | ₹185,250 |
| sNII (Min) | 15 | 450 | ₹213,750 |
| bNII (Min) | 71 | 2,130 | ₹1,011,750 |
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 4212.40 | 3301.35 | 2908.64 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 411.58 | 383.98 | 393.11 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 12778.22 | 9231.41 | 8139.41 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |