IPO | HG Infra Engineering IPO

HG Infra Engineering ipo

Details of HG Infra Engineering IPO:

IPO Open: 26-February-2018
IPO Close: 28-February-2018
IPO Size: Approx Rs. 300 Crore (Approx)
Face Value: Rs. 10 Per Equity Share
Price Band: Rs. 263 to 270 Per Share
Listing on: BSE & NSE
Retail Portion: 35%
Equity: 6,000,000 Shares

HG Infra Engineering IPO Market Lot:
Shares: Apply for 55 Shares (Minimum Lot Size)
Amount: Rs.14,850

HG Infra Engineering IPO Allotment & Listing:
Basis of Allotment: 06-March-2018
Refunds: 07-March-2018
Credit to demat accounts: 08-March-2018
Listing: 09-March-2018


Company Overview:

H.G. Infra Engineering Limited (HGIEL) is an construction company engaged primarily in execution of infrastructure sector projects like highways, roads & bridges. Military Engineering Services(MES). The company also executes other civil construction projects like extension & grading of runways, railways & land development. The company has diversified into water pipeline projects also in last few years. HGIEL was founded on 8 June, 2017 (Erstwhile known as HGIEPL which was incorporated in 2003 by our founder promoter Mr. Hodal Singh who has more than 40 years of experience in the construction sector. We are registered as grade ‘AA’ Class contractor with PWD, Rajasthan & ‘SS’ Category with Military Engineering Services(MES).

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