Man Infraconstruction Ltd - IPO

Man Infraconstruction Ltd IPO Details

Public issue of 5,625,150 equity shares of Rs. 10 each (Equity Shares) at a price of Rs. 252 per equity share for cash aggregating to Rs. 141.75 crores (The Issue) by Man Infraconstruction Limited (The Company or Issuer). Upto 225,150 equity shares of Rs. 10 each will be reserved in the issue for subscription by employees (As defined in the section Definitions and Abbreviations) at the issue price (The Employee reservation portion). The issue less the employee reservation portion shall be hereinafter referred to as the Net Issue. The issue and the net issue will constitute 11.36% and 10.91% respectively, of the fully diluted post issue paid-up capital of the company.Issue Price Rs. 252 per equity share of face value of Rs. 10 eachThe Issue Price is 25.2 times of the face value

Objective of issue

Purchase of capital equipment. General corporate purposes & strategic initiatives.

Man Infraconstruction Ltd Contact Details

Man Infraconstruction Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - investors@maninfra.com, office@mainfra.com

Website - www.maninfra.com