Business Standard

RPP Infra Projects Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

48.75 cr

Price Range (₹)

75

Lot Size

80

Min Investment (₹)

6,000.00

Listing Exchange

MumbaiNSE

Open Date

18-Nov-2010

Close Date

22-Nov-2010

Listing Date

06-Dec-2010

Latest IPO News

    The Shares of RPP Infra Projects Ltd have now been listed.

    RPP Infra Projects Ltd IPO Details

    Public issue of 65,00,000 equity shares of Rs. 10 each (Equity Shares) for cash at a price of Rs. 75 per equity share aggregating to Rs. 48.75 crores, comprising of a fresh issue of 61,00,000 equity shares by R.P.P. Infra Projects Limited and an offer for sale of 4,00,000 equity shares by the promoters, (the selling shareholders). The fresh issue and the offer for sale are jointly referred to as the issue. The issue comprises of a reservation of 4,00,000 equity shares for eligible employees of Rs. 10 each (the employee reservation portion) and a net issue to the public of 61,00,000 equity shares of Rs. 10 each (the net issue). The issue will constitute 28.76% of the post issue paid-up equity capital of the company. The net issue will constitute 26.99% of the post issue paid-up equity capital of the company.Issue price : Rs. 75 per equity share of face value of Rs. 10 eachThe Issue price is 7.5 times the face value

    Objective of issue

    Funding margin requirement for working capital. Investment in capital equipment. Investments in SPVs for BOT projects. General corporate purposes.

    RPP Infra Projects Ltd Contact Details

    RPP Infra Projects Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

    Phone - 91-44-28462700

    Fax - 91-44-28460129

    Email - secretary@rppipl.com

    Website - www.rppipl.com