1. Home
  2. IPO
  3. Title

H.G. Infra Engineering Ltd IPO

Add to Calendar 2018-02-26 12:00 AM 2018-02-28 12:00 AM Asia/Kolkata H.G. Infra Engineering Ltd IPO H.G. Infra Engineering Ltd IPO India

H.G. Infra Engineering Ltd is a jaipur based company, involved in infrastructure construction and maintenance projects. HGIEL has completed 13 projects and currently has more than 21 infrastructure projects.  

Date of establishment: H.G Infra Engineering Ltd was incorporated in 2003.

Product & Service Offering: H.G Infra takes up infrastructure projects mainly focusing on road and highway construction, bridges and flyovers.HGIEL also provide engineering, procurement and construction services . it also get involved in execution of water pipeline projects

Promoters of HGIEL: Promoters of HGIEL are  Mr. Harendra Singh, Mr. Vijendra Singh and Mr. Girish Pal Singh.

Customer segment: HGIEL has mainly public sector based clients. The clientele includes NHAI, PWD, MES & Jaipur Development Authority.

Objects of the Issue:

The offer comprises of fresh issue of Rs 300 Crores and OFS of 6,000,000 Equity shares.

Each of the Selling Shareholders will be entitled to the respective proportion of the proceeds of the Offer for Sale. Company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.

The proceeds of the Fresh Issue are proposed to be utilized by the Company for the following objects:

  • Purchasing capital equipment;

  • Repayment/ prepayment in part or in full, of certain indebtedness; and

  • General corporate purposes.

Company Financials:

Particulars

For the year/period ended (in Rs. million)
 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

  

Total Assets

5,380.18

3,753.92

2,249.66

2,148.10

2,265.99

  

Total Revenue

9,739.72

7,148.02

3,377.33

4,465.84

3,254.40

  

Profit After Tax

492.97

301.83

92.22

171.71

134.90

  

Issue Detail

  • Issue Open: Feb 26, 2018
  • Issue Close: Feb 28, 2018
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 263 - Rs 270 Per Equity Share
  • Bid Lot:55 Shares
  • Minimum Order Quantity:55 Shares
  • Listing At: BSE, NSE
  • Issue Size: • Rs 462.00 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 3,433,647 2,611,027 6,092,396 - - 12,137,070
Day 1 - Feb 26, 2018IST 0.0000 0.0400 0.2000 - - 0.1100
Day 2 - Feb 27, 2018IST 0.0000 0.0700 0.8400 - - 0.4400
Day 3 - Feb 28, 2018IST 8.3732 4.9679 3.0820 - - 4.9834

Listing Day Trading Information

- BSE NSE
Issue Price Rs 270.00 Rs 270.00
Open Rs 270.00 Rs 270.00
Low Rs 252.60 Rs 252.10
High Rs 276.00 Rs 276.00
Last Trade Rs 270.05 Rs 267.75
Volume 3,325,230 15,776,490

H.G. Infra Engineering Ltd IPO Red Herring Prospectus

H.G. Infra Engineering Ltd IPO User Rating

Votes
0

H.G. Infra Engineering Ltd IPO Life IPO Reviews

View All Review

H.G. Infra Engineering Ltd IPO IPO News & Updates

View All IPO News & Updates

Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.

Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.

Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker
View All FAQ

Latest IPO

  • Find out which all IPOs are going to hit the Stock Exchanges and probably providing an opportunity for investors to make money Read More>>

  • Investing in an IPO has always been a point of discussion amongst investors and with the recent increase in the number of companies going public, the discussion is catching more attention. While this article attempts to answer the question, let us start b Read More>>

  • Once you have invested in an IPO the next thing to concern yourself about is to have an exit strategy in order to maximize your gains. In order to have an efficient exit strategy, there are certain factors to take note on. This article will try to explain Read More>>

IPO Events Calendar

Go
Sun
Mon
Tues
Wed
Thu
Fri
Sat

IPO Updates on Facebook

Get the latest IPO updates on your Facebook feeds.
Click here to Join Us on Facebook.

Comments

Start IPO Trading through SAMCO

Don't have a Trading Account !!!
Open an account with Samco and Do IPO Trading for Just Rs 20. For more details, share your contact details with us