Fixed Price FPO | ₹49 Cr | Listed at BSE | Fri, Jun 24, 2005 - Wed, Jun 29, 2005
Era Constructions FPO is a fixed issue price of ₹49.20 crores. The issue is entirely a fresh issue of 0.68 crore shares of ₹49.20 crore.
Era Constructions FPO bidding started from Jun 24, 2005 and ended on Jun 29, 2005. The shares got listed on the BSE on Jul 27, 2005.
Era Constructions FPO is set final issue price at ₹72 per share.
Standard Chartered Securities (India) Ltd. is the book running lead manager and Aarthi Consultants Pvt.Ltd. is the registrar of the issue.
Refer to Era Constructions FPO DRHP for detailed Information.
FPO Open
Fri, Jun 24, 2005
FPO Close
Wed, Jun 29, 2005
Issue Price
₹72 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 24 to 29 Jun, 2005 |
| Listed on | Wed, Jul 27, 2005 |
| Face Value | ₹10 per share |
| Issue Price | ₹72 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price FPO |
| Listing At | BSE |
| Total Issue Size | 68,33,932 shares (agg. up to ₹49 Cr) |
| Reserved for Private Promoter | 11,33,580 shares (agg. up to ₹8 Cr) |
| Fresh Issue | 57,00,352 shares (agg. up to ₹41 Cr) |
| Net Offered to Public | 57,00,352 shares (agg. up to ₹41 Cr) |
| Share Holding Pre Issue | 65,16,420 shares |
| Share Holding Post Issue | 1,33,50,352 shares |
| BSE Script Code | 530323 |
| ISIN | INE039E01020 |
Era Constructions FPO comprises a total issue size of 57,00,000 shares. The net offer to the public is 17,16,420 shares, after excluding 11,33,580 shares allotted on a firm basis and 28,50,000 shares under a preferential allotment. Of the Net offer 14,25,000 (50.00%) allocated to NII 14,25,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 14,25,000 | 50.00% | 25.00% |
| Retail Shares Offered | 14,25,000 | 50.00% | 25.00% |
| Preferential Reservations | |||
| Other Shares Offered | 28,50,000 | 50.00% | |
| Firm Reservations | |||
| Private Promoter Shares Offered | 11,33,580 | 19.89% | |
| Total Shares Offered | 57,00,000 | 100.00% | 100.00% |
Era Constructions (India) Ltd. is as a construction-focused company. They evolved into a key infrastructure player and is now known as Era Infra Engineering Ltd.
The company built a strong foundation in engineering and construction with decades of industry experience. The company operates across diverse segments of infrastructure development, including power projects, highways, airports, industrial complexes, and residential buildings.
It has executed projects for major clients such as government bodies, public sector undertakings, and large private enterprises, showcasing its capabilities in large-scale construction and turnkey project execution. Era has developed a reputation for quality construction, timely project delivery, and technical expertise.
With experience spanning multiple sectors and high-value contracts, the company positioned itself as a comprehensive infrastructure solutions provider, contributing to India’s development through large engineering and construction projects.
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 121.79 | 79.40 | 63.99 |
| Total Income | 159.58 | 110.88 | 101.55 |
| Profit After Tax | 5.45 | 2.89 | 2.34 |
| NET Worth | 32.19 | 24.48 | 22.05 |
| Reserves and Surplus | 22.71 | 20.18 | 17.78 |
| Total Borrowing | 37.28 | 17.93 | 13.20 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Long Term Working Capital | 32.73 |
| 2 | Plant & Machineries | 26.11 |
| 3 | Public Issue Expenses | 2.80 |
| 4 | General Corporate Purposes | 8.20 |
| Total | 69.84 |
| KPI | Mar 31, 2005 |
|---|---|
| RoNW | 16.93% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 40.44% | 28.23% |
The Era Constructions FPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 2.20 | 57,00,000 | 1,25,68,230 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees of Lead Manager, Registrar, Legal Advisor, Auditors, Tax Auditors, etc. | 0.35 |
| 2 | Printing & Stationery, Distribution, Postage, etc. | 0.30 |
| 3 | Underwriting Commission, Brokerage & Selling Commission | 1.65 |
| 4 | Advertisement & Marketing Expenses | 0.30 |
| 5 | Other Expenses (incl. Filing Fees, Listing Fees, Depository Charges, etc.) | 0.10 |
| 6 | Contingencies | 0.10 |
| Total | 2.80 |
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹72.00 |
| Open | ₹78.00 |
| Low | ₹78.00 |
| High | ₹80.00 |
| Last Trade | ₹79.10 |
Lead Manager Reports
Era Constructions FPO is a main-board FPO of 68,33,932 equity shares of the face value of ₹10 aggregating up to ₹49 Crores. The issue is priced at ₹72 per share. The minimum order quantity is .
The FPO opens on Fri, Jun 24, 2005, and closes on Wed, Jun 29, 2005.
Aarthi Consultants Pvt.Ltd. is the registrar for the FPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in Era Constructions FPO using UPI as a payment gateway. Zerodha customers can apply in Era Constructions FPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Era Constructions FPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Era Constructions FPO opens on Fri, Jun 24, 2005 and closes on Wed, Jun 29, 2005.
Era Constructions FPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Era Constructions FPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Era Constructions FPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Era Constructions FPO allotment status.
The Era Constructions FPO listing date is on .
