The book-built issue of Rs 60.00 crore is the Prakash Constrowell IPO. Starting on September 19, 2011, the Prakash Constrowell initial public offering (IPO) bidding period ran through September 21, 2011. On October 4, 2011, the shares went on sale on the BSE and NSE. The ₹130 to ₹138 pricing range for Prakash Constrowell’s IPO is decided. 50 shares is the minimum lot size required for an application. Retail investors must make a minimum investment of ₹6,900.
Prakash Constrowell operates throughout the state of Maharashtra and has its headquarters in Nasik, Maharashtra. In the state of Maharashtra, the company has successfully completed a number of construction projects. Maharashtra State’s Public Works Department, National Building Construction Corporation (NBCC), Maharashtra State Police Housing & Welfare Corporation (MSPHWC), Maharashtra State Road Transport Corporation (MSRTC), Maharashtra State Electricity Distribution Company Ltd. (MSEDCL), Maharashtra State Power Generation
Company Ltd. (MSPGCL), Indian Oil Corporation (IOC), and others are among the clients on the mailing list.
The company mainly operates in the three segments of construction:
- Infrastructure development includes construction and maintenance of roads, highways, and bridges, including projects on public-private partnership (PPP) model, industrial parks, workshops, hospitals, and educational institutions;
- Civil construction includes Government staff quarters, hostel buildings and auditoriums;
- Residential and commercial real estate construction
Prakash Constrowell IPO Details
| IPO Date | September 19, 2011 to September 21, 2011 |
| Listing Date | October 4, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹130 to ₹138 per share |
| Lot Size | 50 Shares |
| Total Issue Size | 4,347,826 shares (aggregating up to ₹60.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Prakash Constrowell IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹6,900 |
| Retail (Max) | 28 | 1400 | ₹193,200 |
Prakash Constrowell IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 2,307,692 (50.00%) | NA |
| NII (HNI) Shares Offered | 692,308 (15.00%) | |
| Retail Shares Offered | 1,615,385 (35.00%) | 32,307 |
| Total Shares Offered | 4,615,385 (100%) |
Prakash Constrowell Company Financials
| Particulars | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 | 31-Mar-08 | 31-Mar-07 |
|---|---|---|---|---|---|
| Total Income | 12,812.91 | 11,498.07 | 6,359.65 | 2,784.03 | 3,672.55 |
| Profit After Tax (PAT) | 968.68 | 748.70 | 293.98 | 311.33 | 288.89 |
Objects of the Issue (Prakash Constrowell IPO Objectives)
The object of the issue are:
- To meet working capital requirement;
- To Invest in Construction Equipments;
- To Invest in Subsidiaries;
- To meet General Corporate Purposes; and
- To meet Public Issue Expenses.
Prakash Constrowell IPO Listing Details
| Listing Date | October 4, 2011 |
| BSE Script Code | 533605 |
| NSE Symbol | SETUINFRA |
| ISIN | INE023M01027 |
| Final Issue Price | ₹138 per share |
Prakash Constrowell Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹138.00 | ₹138.00 |
| Open | ₹145.00 | ₹147.20 |
| Low | ₹112.50 | ₹112.25 |
| High | ₹245.00 | ₹245.00 |
| Last Trade | ₹229.50 | ₹230.00 |
Prakash Constrowell Ltd Contact Details
Prakash Constrowell Ltd
6/7 Falcon Plaza,
National Urdu High School Road,
Near Sarda Circle, Nasik – 422001, Maharashtra
Phone: +91 253 2590725
Email: [email protected]
Website: http://www.pclnsk.com
Prakash Constrowell IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com
Prakash Constrowell IPO FAQs
Q1. What is Prakash Constrowell IPO?
Ans. Prakash Constrowell IPO is a main-board IPO of 4,347,826 equity shares of the face value of ₹10 aggregating up to ₹60.00 Crores. The issue is priced at ₹130 to ₹138 per share. The minimum order quantity is 50 Shares. The IPO opens on September 19, 2011, and closes on September 21, 2011.
Q2. When Prakash Constrowell IPO will open?
Ans. The Prakash Constrowell IPO opens on September 19, 2011 and closes on September 21, 2011.
Q3. What is the lot size of Prakash Constrowell IPO?
Ans. Prakash Constrowell IPO lot size is 50 Shares, and the minimum amount required is ₹6,900.
Q4. When is Prakash Constrowell IPO listing date?
Ans. The Prakash Constrowell IPO listing date is on October 4, 2011.
