ASHOKA BUILDCON LIMITED IPO
Issue Open: September 24, 2010
Issue close: September 28, 2010
Price Band: Rs. 297 - Rs. 324 Per Equity Share
Minimum Bid Size: 21 Equity Shares
Face Value: Rs. 10 Per Equity Share
Issue Type: 100% Book Building
Maximum Subscription Amount for Retail Investor: Rs. 100000
ASHOKA BUILDCON LIMITED
IPO :
Incorporated in 1993, Ashoka Buildcon Limited is a Nashik, Maharashtra based construction company involve in the business of building and operating roads and bridges in India. Ashoka Buildcon is the operator of highest number of toll-based BOT (build, operate and transfer) projects in India.Company is also involve in engineering, designing and maintenance of roads, bridges, electricity substations, commercial buildings and industrial buildings for third parties.
IPO Grading / Rating:
CRISIL has assigned an
IPO Grade 4 to Ashoka Buildcon Limited
IPO. This grade indicates that the fundamentals of the
IPO are
'Above Average' relative to other listed equity securities in India.