Bookbuilding IPO | ₹530 Cr | Listed at BSE, NSE | Tue, Sep 21, 2010 - Thu, Sep 23, 2010
Ramky Infrastructure IPO is a book build issue of ₹530.00 crores. The issue is a combination of fresh issue of 0.78 crore shares aggregating to ₹350.00 crores and offer for sale of 0.40 crore shares aggregating to ₹180.00 crores.
Ramky Infrastructure IPO bidding started from Sep 21, 2010 and ended on Sep 23, 2010. The shares got listed on BSE, NSE on Oct 8, 2010.
Ramky Infrastructure IPO price band is set at ₹450 per share. The lot size for an application is 14. The minimum amount of investment required by an retail is ₹6,552 (14 shares) (based on upper price). The lot size investment for sNII is 32 lots (448 shares), amounting to ₹2,01,600, and for bNII, it is 159 lots (2,226 shares), amounting to ₹10,01,700.
Deutsche Equities India Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Ramky Infrastructure IPO RHP for detailed Information.
IPO Open
Tue, Sep 21, 2010
IPO Close
Thu, Sep 23, 2010
Issue Price
₹450 per share
Market Cap (Pre-IPO)
₹2,573.90 Cr
| IPO Date | 21 to 23 Sep, 2010 |
| Listed on | Fri, Oct 8, 2010 |
| Face Value | ₹10 per share |
| Price Band | ₹405 to ₹468 |
| Issue Price | ₹450 per share |
| Lot Size | 14 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,17,77,777 shares (agg. up to ₹530 Cr) |
| Fresh Issue | 77,77,777 shares (agg. up to ₹350 Cr) |
| Offer for Sale | 40,00,000 shares of ₹10 (agg. up to ₹180 Cr) |
| Share Holding Pre Issue | 4,94,20,014 shares |
| Share Holding Post Issue | 5,71,97,791 shares |
| BSE Script Code / NSE Symbol | 533262 / RAMKY |
| ISIN | INE874I01013 |
Ramky Infrastructure IPO comprises a total issue size of 1,17,77,777 shares. Out of which, 70,66,667 (60.00%) are allocated to QIB, 11,77,777 (10.00%) allocated to NII 35,33,333 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 70,66,667 | 60.00% | NA |
| − Anchor Investor Shares Offered | 20,38,461 | 17.31% | NA |
| − QIB (Ex. Anchor) Shares Offered | 50,28,206 | 42.69% | NA |
| NII (HNI) Shares Offered | 11,77,777 | 10.00% | NA |
| Retail Shares Offered | 35,33,333 | 30.00% | 2,52,380 |
| Total Shares Offered | 1,17,77,777 | 100.00% |
Investors can bid for a minimum of 14 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 14 | ₹6,300 |
| Retail (Max) | 31 | 434 | ₹1,95,300 |
| S-HNI (Min) | 32 | 448 | ₹2,01,600 |
| S-HNI (Max) | 158 | 2,212 | ₹9,95,400 |
| B-HNI (Min) | 159 | 2,226 | ₹10,01,700 |
Incorporated in 1994, Ramky Infrastructure Ltd, a flagship Company of the Ramky Group is an integrated construction and infrastructure development and management company in India. Ramky Infrastructure serviced a diverse range of construction and infrastructure projects in sectors as varied as water and waste water, transportation, irrigation, industrial parks (including SEZs), power transmission and distribution, residential, commercial and retail property.
Company operates in two principal business segments: (i) a construction business which is operated by Company, and (ii) a developer business which is operated through 11 Subsidiaries and two Associates. Ramky own a large fleet of sophisticated construction equipment, including crushing plants, hot mix plants, wet mix plants, asphalt batching plants, concrete batching plants, excavators, rock breakers, graders, pavers, compactors, tower cranes, dozers, bar bending and cutting machines.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in capital equipments | 80.46 |
| 2 | To meet the working capital requirements | 700.00 |
| 3 | Repayment of loans | 50.00 |
| 4 | General corporate purposes | 69.55 |
| KPI | |
|---|---|
| RoNW | 23.22% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 84.12% | 72.68% |
| Market Cap | ₹2,573.90 Cr. |
The Ramky Infra IPO is subscribed 2.89 times on September 23, 2010 5:00:00 PM (Day 3). The public issue subscribed 0.99 times in the retail category, 4.52 times in the QIB category, and 1.45 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 4.52 | 57,12,727 | |
| NII | 1.45 | 13,08,641 | |
| Retail | 0.99 | 39,25,926 | |
| Total | 2.89 | 1,09,47,294 |
CRISIL has assigned an IPO Grade 3 to Ramky Infrastructure Ltd IPO. This means as per CRISIL company has 'Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for Ramky Infrastructure Ltd.
Ramky Infrastructure Ltd IPO, Ramky Infrastructure IPO, Ramky Infrastructure IPO Bidding, Ramky Infra IPO Allotment Status, Ramky Infrastructure drhp and Ramky Infrastructure Ltd IPO listing.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management fees | 11.79 |
| 2 | Underwriting commission, brokerage and selling commission | 2.92 |
| 3 | Registrar's fees | 0.15 |
| 4 | Advertisement and marketing expenses | 5.95 |
| 5 | Printing and distribution expenses | 1.68 |
| 6 | IPO Grading expenses | 0.06 |
| 7 | Advisors | 1.77 |
| 8 | Bankers to the Issue | |
| 9 | Others (SEBI filing fees, bidding software expenses, depository charges, listing fees, etc.) | 4.44 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹450.00 | ₹450.00 |
| Open | ₹450.00 | ₹471.55 |
| Low | ₹345.05 | ₹351.20 |
| High | ₹460.00 | ₹471.55 |
| Last Trade | ₹387.35 | ₹387.40 |
Lead Manager Reports
Ramky Infrastructure IPO is a main-board IPO of 1,17,77,777 equity shares of the face value of ₹10 aggregating up to ₹530 Crores. The issue is priced at ₹450 per share. The minimum order quantity is 14.
The IPO opens on Tue, Sep 21, 2010, and closes on Thu, Sep 23, 2010.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Ramky Infrastructure IPO using UPI as a payment gateway. Zerodha customers can apply in Ramky Infrastructure IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ramky Infrastructure IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ramky Infrastructure IPO opens on Tue, Sep 21, 2010 and closes on Thu, Sep 23, 2010.
Ramky Infrastructure IPO lot size is 14, and the minimum amount required for application is ₹6,300.
You can apply in Ramky Infrastructure IPO 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 Ramky Infrastructure IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Ramky Infrastructure IPO allotment status.
The Ramky Infrastructure IPO listing date is on Fri, Oct 8, 2010.
