KNR Constructions Ltd - IPO

KNR Constructions Ltd IPO Details

Public issue of 78,74,570 equity shares of Rs.10/- each for cash at a price of Rs.170 per equity share aggregating Rs.133.87 Crores (the issue), including a reservation for eligible employees of 1,40,000 equity shares (the employee Reservation portion) and a net issue to the public of 7,734,570 equity shares (the net issue) by KNR ConstructionsLimited (company/issuer). The issue would constitute 28.00% of the fully diluted post issue paid up capital of our company. The net issue would constitute 27.50% of the fully diluted post issue paid-up equity capital of our Company.Issue price is Rs.170 per equity share of face value Rs. 10/-The issue price is 17 times of the face value

Objective of issue

Purchase of Capital Equipment. Further Equity Investment in BOT Projects. Augmenting Working Capital requirements. Contrn towards Unsecured Loan Portion in BOT Proj..

KNR Constructions Ltd Contact Details

KNR Constructions Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - investors@knrcl.com, secretarial@knrcl.com

Website - www.knrcl.com