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MEP Infrastructure Developers Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹63
Per Share
GMP
NIL
Grey Market
Est. Listing
₹63
Expected Price
Min. Application
₹28,350
2 lots × 225 shares
IPO Issue Details
Issue Price / Price Band₹63 per share (Fixed Price)
Face Value₹65 Per Share
Lot Size225 Shares per Lot
Total Issue Size5,10,74,941 shares (aggregating up to ₹324.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 21 Apr 2015
Subscription CloseThu, 23 Apr 2015
Anchor AllotmentMon, 20 Apr 2015
Basis of AllotmentWed, 29 Apr 2015
Initiation of RefundsThu, 30 Apr 2015
Credit of Shares to DematThu, 30 Apr 2015
Listing DateWed, 06 May 2015
UPI Mandate Deadline2015-04-23
Application & Investment Details
Retail — Min (1 Lots)₹14,175 — 225 shares
Retail — Max (13 Lots)₹184,275 (13 Lots)
HNI — Min (15 Lots)₹2,12,625 — 3,375 shares
Pre-IPO Promoter Holding11,14,94,250 shares
Post-IPO Promoter Holding16,25,69,191 shares
About MEP Infrastructure Developers Ltd.

Incorporated in 2011, MEP Infrastructure Developers Ltd is engaged in tolling operations of the road infrastructure sector, with a pan-India presence. Company focus on pure toll collection projects as well as OMT projects, which involve maintenance obligations in addition to toll collection on operational roads (including highways) constructed by third parties.They have completed 68 projects, with an aggregate of 122 toll plazas and 783 lanes, and have an overall experience of over 12 years in this business across 12 states in India. Some of the significant toll collection projects completed by them include project for collection of toll at:1. Five Mumbai Entry Points where they currently operate an OMT contract pursuant to a re-award;2. Chalthan toll plaza, Gujarat;3. Toll plazas located at Ahmedabad, AUDA Ring Road, Nadiad, Anand and Vadodara on the Ahmedabad Vadodara Expressway, Gujarat;4. Rajiv Gandhi Sea Link, Mumbai, Maharashtra;5. Chirle toll plaza and Karanjade toll plaza, Maharashtra; and6. Toll plazas on Hanumangarh, Kishangarh road, Rajasthan.MEP Infra currently operate 23 toll collection projects with an aggregate of 40 toll plazas, five OMT projects covering 2,530.04 lane kilometres with an aggregate of 15 toll plazas and one BOT project covering 42.02 lane kilometres with five toll plazas. These ongoing projects are located across nine states in India.

Objects of the Issue

MEP Infrastructure Developers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Repayment / pre-payment, in full or in part, of certain loans availed by the Subsidiary, MIPL
262.08
2
2 General corporate purposes
40.37
Shareholding & Lock-in
Pre-IPO Promoter Holding 11,14,94,250 shares
Post-IPO Promoter Holding 16,25,69,191 shares
Check AllotmentCheck Status →
MEP Infrastructure Developers Ltd. — Live Price LIVE
₹63.00
INR · BSE
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Issue ₹63.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹63
GMPNIL
Est. Listing₹63
Lot Size225 shares
Min Amount₹28,350
Listing Date06 May 2015
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹63
Listing Date06 May 2015
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 51,074,941 100.00% ₹321.77 Cr
* Based on ₹63.00 (upper price band)
Lot Size & Investment Details
Lot Size
225
Shares
Issue Price
₹63.00
Per Share
Min Investment
₹14,175
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 225 ₹14,175
Retail (Max) 13 2,925 ₹184,275
sNII (Min) 15 3,375 ₹212,625
bNII (Min) 71 15,975 ₹1,006,425
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars31-Oct-1431-Mar-1431-Mar-13
Revenue from Operations 1141.52 1240.13 1302.07
EBITDA N/A N/A N/A
Profit After Tax (PAT) 98.16 120.56 92.94
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹63
Face Value ₹65 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW -79.77%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
MEP Infrastructure Developers Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹65 Per Share
Script Code
N/A
Address
A 412, boomerang, Chandivali Farm Road, Andheri (East), Mumbai 400 072 Andheri, Maharashtra
Book Running Lead Managers
IDBI Capital Markets Services Ltd.
Book Running Lead Manager (BRLM)
Dam Capital Advisors Ltd.
Book Running Lead Manager (BRLM)