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September 17, 2018 - September 19, 2018

Issue Highlights

Issue opens: Monday, September 17, 2018
Issue closes: Wednesday, September 19, 2018
Price Band: Rs. 470/- to Rs. 475/-
Bid Lot: 30 Equity Shares and multiple thereof
Issue Size: 99,05,157 Equity Shares through Offer for Sale by President of India through Ministry of Railways, GOI. (Rs.461.75/- crs @ lower price band & Rs.466.70/- crs @ upper price band).
Employee Reservation: 5,00,000 Equity Shares (Rs.23/- crs @ lower price band & Rs.23.25/- crs @ upper price band)
Retail & Employee Discount: Rs.10/- per share
Registrar: Karvy Computershare Private Limited

Issue Structure

QIB: 50% of the offer
NIB: 15% of the offer
Retail: 35% of the offer
Listing: NSE & BSE
e-Form Link: e-Forms

Company Profile

IRCON INTERNATIONAL LIMITED commenced in 1976 is an integrated Indian engineering and construction company, specializing in major infrastructure projects, including, railways, highways, bridges, flyovers, tunnels, aircraft maintenance hangars, runways, EHV sub-stations, electrical and mechanical works, commercial and residential properties, development of industrial areas, and other infrastructure activities. Company provide EPC services on a fixed-sum turnkey basis as well as on an item-rate basis for various infrastructure projects. Company also execute on build, operate and transfer mode in various projects in order to meet the requirements of its bids. In 2016, Company was ranked number 248 in the list of the top 250 international contractors by Engineering News Record (ENR) of the United States. Company is headquartered in Saket, New Delhi and Company has an overseas office in Malaysia. Additionally, have 26 project offices in India and abroad (including in Sri Lanka, Bangladesh, South Africa and Algeria) and five regional offices to support and manage its business operations. Company has also received several awards, including Dun and Bradstreet Infra Awards 2017 in Construction and Infrastructure Development (Railways), India Pride Award 2017-2018 (Central PSU) and the Governance Now 5th PSU Awards for Consistent Growth.

For More Details, Please Contact
pmo@eurekasec.com +91 33 6628 0000 Extn-161
Samit: 9051172648 / Shashi: 9836000117
Michael: 9836000115 / Vijay: 9830600222

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