Akash Infra Projects Limited IPO
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Akash Infra-Projects Ltd (AIPL) is engaged in the business of civil construction and has undertaken various government contracts for construction of roads. It is primarily into the Construction of roads, resurfacing, widening repairs of roads and Minor bridges etc.
It has proven track record of successful completion of various road projects in the state of Gujarat. It is also in the business of hospitality segment and operating and managing hotel named Pathikashram at Gandhinagar which is owned by Gujarat Government.
Objects of the Akash Infra Projects Limited IPO:
1. Long-term Working capital requirement
2. General Corporate Purpose
3. Issue related expenses
Akash Infra Projects Limited IPO Details:
Open Date: | Feb 28 2017 |
Close Date: | Mar 06 2017 |
Total Shares: | 2,040,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Type: | Fixed Price Issue IPO |
Issue Size: | 25.50 Cr. |
Lot Size: | 1000 Shares |
Issue Price: | ₹ 125 Per Equity Share |
Listing At: | NSE Emerge |
Listing Date: | Mar 15 2017 |
Promoters And Management:
1. Mr. Yoginkumar H Patel
2. Mr. Ambusinh P Gol
Lead Manager of Akash Infra Projects Limited IPO:
Registrar of Akash Infra Projects Limited IPO:
Company Address:
Akash Infra Projects Limited
2 Ground Floor, Abhishek Complex,
Opp. Hotel Haveli,
Sector 11, Gandhinagar - 382011
Phone: +91 079 23227006
Fax: +91 79 23231006
Email: ipo@akashinfra.com
Website: www.akashinfra.com
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