CMM Infraprojects Limited IPO

Add to Calendar 2017-09-29 12:00 AM 2017-10-04 12:00 AM Asia/Kolkata CMM Infraprojects Limited IPO CMM Infraprojects Limited India

For the last ten years, CMM Infra Projects Ltd is into the business of construction and development of infrastructure projects in Buildings and Roads on contract basis.

Date of establishment: CMM Infraprojects Limited was incorporated in 1979

 

Product & Service Offering: They design and construct various Housing Complex, Commercial Complex, Hospitals / Healthcare, Corporate Offices, Education Institutions, Defence Offices, Irrigation, ST Parks, IT Offices, Sports Complex, Automated and manual Car Parking, Sewerage, Highways / Roads, Bridges and Railways.

Promoters of CMM Infraprojects ltd.: Ms. Laxmi Devi Mundra, Mr. Kishan Mundra and Ms. Samta Mundra are the promoters of CMM Infraprojects Limited.

 

Customer segment: Their clients include Government / PSUs / Corporates & various other organizations across.

 

Objects of the Issue: The objects of the Offer is to:-
-     To Finance expansion Project
-     To Finance General corporate expense

Company Financials:

CMM Infraprojects financial performance (in INR crore)

   

FY2013

FY2014

FY2015

FY2016

FY2017

Total Assets

 

46.08

65.10

72.67

102.93

106.31

Total revenue

 

85.8

98.2

145.3

178.8

202.2

Total expenses

 

84.3

96.6

142.3

175.2

196.9

Profit after tax

 

1.1

1.1

1.9

2.3

6.2

Issue Detail

  • Issue Open: Sep 29, 2017
  • Issue Close: Oct 04, 2017
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 40 Per Equity Share
  • Bid Lot:3000 Shares
  • Minimum Order Quantity:3000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 18.18 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Day 0 - Sep 29, 2017IST 414,000 402,000 27,000 - - 843,000
Day 1 - Oct 03, 2017IST 474,000 543,000 366,000 - - 1,383,000
Day 2 - Oct 04, 2017IST 975,000 2,868,000 3,768,000 - - 7,611,000

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 40.00
Open - Rs 46.50
Low - Rs 38.65
High - Rs 48.00
Last Trade - Rs 42.25
Volume - 1,998,000

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