Patel Infrastructure Ltd - IPO

Patel Infrastructure Ltd IPO Details

Initian public offereing of up to (*) equity shares of face value of Rs.10 each (The Equity Shares) of Patel Infrastructure Ltd (The Company or the Company or the issuer) for cash at a price of Rs. (*) per equity share (including share premium of Rs. (*) per equity share) (The issue price) aggregating up to Rs.400 Crores (the Issue). The issue shall constitute (*)% of the post-issue paid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company.

Objective of issue

Investment in subsidiary, Patel Cholopuram-Thanjavur Highway Pvt Ltd for part financing of the Cholopuram-Thanjavur HAM Project. Purchase of Construction equipment. Funding incremental working capital requirement of the company. Repayment/prepayment in full of certain indebtedness. General corporate purpose.

Patel Infrastructure Ltd Contact Details

Patel Infrastructure Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - ho@patelinfra.com