LIVE MARKET TRACKER :   BSE SENSEX        |    NSE NIFTY    
GLOBAL MARKETS :  NASDAQ      |    FSI London      |    NIKKEI Japan  
  USD GBP EUR CAD AUD INR
USD -
GBP -
EUR -
CAD -
AUD -
INR -
Indian-Commodity  :  IPO  :  Dilip Buildcon to hit capital markets to raise around Rs 664 crore

Dilip Buildcon to hit capital markets to raise around Rs 664 crore (28-Jul-2016)

Dilip Buildcon is coming out with a 100% book building initial public offering (IPO) of 30,320,730 equity shares of face value of Rs 10 each in a price band Rs 214 - Rs. 219 per equity share. The issue will open August 01, 2016 and will close on August 03, 2016.

The Net Proceeds from the Fresh Issue will be utilized for the prepayment or scheduled repayment of a portion of term loans availed by the Company; to meet working capital requirements; and General corporate purposes.

The issue will open for subscription on August 1, 2016 and will close on August 3, 2016. The Book running lead managers to the issue are Motilal Oswal Investment Advisors and Centrum Capital (India), while the compliance officer for the issue is Abhishek Shrivastava.

The core business of the company is undertaking construction projects across India in the roads and irrigation sectors. They specialize in constructing state and national highways, city roads, culverts and bridges. As a result of the natural growth of their road construction business, as well as the recent government support to the infrastructure sector and rising opportunities in new business areas, they recently expanded into the irrigation and urban development businesses.


Top News Today
Reliance Nippon Life Insurance's total premium rises to Rs 4,042 crore in FY18
(23-Apr-2018)

Reliance Nippon Life InsuranceReliance Capital's subsidiary -- Reliance Nippon Life Insurance Company has reported a the total premium of Rs 4,042 crore ($622 million) in FY18. The renewal premium rose to Rs 3,154 crore ($485......click on news to read complete article.

Gujarat Ambuja Exports starts commercial operations of first phase of green field plant
(23-Apr-2018)

Gujarat Ambuja Exports starts commercial operations of first phase of green field plantGujarat Ambuja Exports has commenced the commercial operations of first phase of its 1000 MT per day green field Maize processing plant set up at Chalisgaon in Maharashtra. This marks the completion of......click on news to read complete article.

KPIT partners with Indian Government to support first Smart India Hackathon 2018
(23-Apr-2018)

KPIT partners with Indian Government to support first Smart India Hackathon 2018KPIT Technologies has partnered with the Indian Government to support the first Smart India Hackathon 2018 - Hardware Edition. KPIT, which brings expertise in developing clean, green and intelligent technologies......click on news to read complete article.

International Stock News
Asian markets trade mostly in red in early deals on Monday
(23-Apr-2018)

Asian markets trade mostly in red in early deals on MondayMost of the Asian equity indices are trading lower in the early deals on Monday, following the negative lead from Wall Street on Friday as technology stocks declined. Investors are cautious as they kept......click on news to read complete article.

US markets closed lower on Friday
(21-Apr-2018)

US markets closed lower on FridayThe US markets closed lower on Friday, as weakness in technology and consumer staples shares offset the latest batch of corporate earnings, which largely continued to beat expectations. The selling pressure......click on news to read complete article.

US markets closed lower on Friday
(21-Apr-2018)

US markets closed lower on FridayThe US markets closed lower on Friday, as weakness in technology and consumer staples shares offset the latest batch of corporate earnings, which largely continued to beat expectations. The selling pressure......click on news to read complete article.

 

     
  
Recent IPO News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.