Monday, January 21, 2008

IRB Infrastructure IPO opening on Jan 31

Hi Friends,

Incorporated in 1998, IRB Infrastructure Developers Limited is in infrastructure development business which involves construction, development and operation of infrastructure development projects.

IRB Infrastructure Developer is an established infrastructure company in the roads sector in India and have a large portfolio of completed and operational BOT projects in the Indian road infrastructure sector. IRB's construction business complements infrastructure development business and involves engineering, procurement and construction work for construction projects on a contractual basis, including in the roads sector.

IRB Infrastructure is entering in the capital markets with an initial public offering, IPO of 51,057,666 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs. 185/- at lower level and Rs. 220/- at upper level for equity share of Rs. 10/-. The issue opens on January 31, 2008 and closes for subscription on February 05, 2008. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

IRB Infrastructure Developers Limited IPO Information, IRB Infrastructure IPO Allotment Status, IRB IPO reviews and IRB Infrastructure IPO Listing Date. Click on the below link to to find more detail about IRB Infra IPO:

Good Luck!