Ashoka Buildcon IPO

roads, engineeringAshoka Buildcon Limited announced its initial public offer open on September 24, 2010 and would remain open for subscription till September 28, 2010 . “Ashoka Buildcon Ltd” raise nearly Rs 225 crore -through the initial public offering issue, The price band of the issue is Rs.297 (lower level) to Rs.324 (higher level).

Nashik based construction firm Ashoka Buildcon engage in the business to construct as well as operating bridges and roads in India. The company is the operator of greatest numbers of toll-based build, operate and transfer (BOT) projects in India.

The Firm is involve in bridges, maintenance and designing of roads, engineering , power substations, industrial constructions as well as commercial buildings for any other companies. Some other businesses of the firm includes produce and market bitumen and ready-mix concrete and collect tolls on bridges and roads owned or operated and developed by third parties.

Face Value; Rs.10
Tick Size;
Minimum Order Qty: 21
Market Lot: 21
Issue Type is 100% Book Building.

IPO Grade for Ashoka Buildcon Limited

CRISIL allocated IPO grade ‘4/5’ to the IPO of  Ashoka, this shows that the fundamentals of the issue are above average relative to other listed equities.

Good stock and best price for subscrip This stock will bull up to 450 level with in short time period by nse share tips vm.venkatesh

Conduct details

Address: Ashoka Marg, Vadala, Nashik, Ashoka Marg, Nashik, Maharashtra – 422 011
Phone number; 91 253 3011705  Fax detail;. 91 253 2422704
Email address; investors@ashokabuildcon.com
Website Url; ashokabuildcon.com

Book Running Lead Manager

Enam Securities Pvt Ltd, IDFC-SSKI Pvt Ltd and Motilal Oswal Investments Advisors are the Book Running Lead Managers for  Ashoka Buildcon ltd ipo.

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