Tuesday, February 9, 2010

ARSS Infrastructure Projects, Price Rs.410 to Rs.450, Issue Closes on: Feb11

ARSS Infrastructure Projects Ltd 
Price Band: Rs.410 to Rs.450
Issue Opens on: February 08, 2010 | Issue Closes on: February 11, 2010

Issue highlights 

ARSS Infrastructure Projects Ltd (ARSS) is engaged in construction activities in India and has successfully executed over 86 projects involving construction of ~ 300 km of roads and highways, 200 km of rail tracks, 10 minor and major bridges and other general civil engineering works over the span of nine years.

The company has shown continuous growth in bid capacity and pre qualification capability. Though predominantly present in Orissa, the company has pursued projects in 12 states across India. 

AS on Jan 2010, the company has strong order book of Rs 2877.53 cr including contracts worth Rs 216 cr from government of Orissa

ARSS has maintained long-term relationship with reputed clients like Railways, Govt. of Orissa, NHAI, Rail Vikas Nigam RITES, IRCON, NTPC, Vedanta etc. While 73.11% of its order book comprise of repeat order, 87.5% of current work orders are fromgovernment authorities

SBI has acquired 7.97% of share capital of ARSS infrastructure in January 2008.

Issue Opens on: February 08, 2010
Issue Closes on: February 11, 2010
Bid Lot: 15 Shares
Price Band: Rs.410 to Rs.450
Issue size: Rs.103 crore
IPO Grading 2 by Care Rating

--
Safe Harbor:
The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
 
You received this message because you are subscribed to the Google Groups "Investors Please Listen !" group.
To post to this group, send email to investorspleaselisten@googlegroups.com
To unsubscribe from this group, send email to
investorspleaselisten+unsubscribe@googlegroups.com For more options, visit this group at http://groups.google.com/group/investorspleaselisten?hl=en

No comments:

Blog Archive

Life Insurance | Health Insurance | Auto Insurance


Investors Please Listen !

 
More than 100 kinds of Insurance products from more than
20 companies under one roof.



Call: 9818269396 
investorspleaselisten@in.com
www.investorspleaselisten.blogspot.com

 

 

Safe Harbor:

The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
Powered by Olark
Advertising Learn to Invest