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A2Z Maintenance & Engineering Services Ltd. Logo

A2Z Maintenance & Engineering Services Ltd. IPO

Closed Bookbuilding IPO NSE & BSE Fresh Capital-cum-Offer for Sale
← Back to GMP
Issue Price ₹410
GMP —
Lot Size 15
Face Value ₹10
Issue Size 19,407,750 shares (aggregating up to ₹776 Cr)
Subscription —

IPO Timeline

Open Date8-Dec-10
Close Date10-Dec-10
Allotment-
Refund Initiation-
Demat Credit-
UPI Mandate Deadline10-Dec-10
Listing Date23-Dec-10

Category-wise Subscription

Shares offered, bid & amount
CategorySub (x)OfferedBid ForAmt (Cr)*
QIB — 9,653,874 (50%) — ₹39,581 Cr
NII (HNI) — 2,896,163 (15%) — ₹11,874 Cr
Retail — 6,757,713 (35%) — ₹27,707 Cr
Employee — 100,000 (1%) — ₹41 Cr
Σ  Total—19,407,750 (100%)—₹795,718 Cr

Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.

Issue Details

Issue Price / Price Band₹410
Face Value₹10
Lot Size15 shares
Issue Size19,407,750 shares (aggregating up to ₹776 Cr)
Issue TypeBookbuilding IPO
Listing ExchangeNSE & BSE
Sale TypeFresh Capital-cum-Offer for Sale
Script Code—
Fresh Issue16,876,569 shares (aggregating up to ₹675 Cr)
Offer for Sale2,531,181 shares of ₹10 (aggregating up to ₹101 Cr)
Net Offer to Public—
Amount In₹ Crore
Stock Price History · BSE
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Minimum Investment (Lot-wise)

CategoryLotsSharesAmount (₹)
Retail (Min)115₹6,150
Retail (Max)13195₹79,950
S-HNI (Min)14210₹86,100
B-HNI (Min)671,005₹412,050
Retail1 lot(s)15 shares₹6,000
S-HNI34 lot(s)510 shares₹204,000
B-HNI167 lot(s)2,505 shares₹1,002,000

Shareholding Pattern

Pre-Issue Shareholding57,301,125 shares%
Post-Issue Shareholding74,177,694 shares%
Reserved for Market Maker—

Financial Statements Amount in ₹ Crore

Metric 31-Mar-10 31-Mar-09 31-Mar-08
Revenue 1,225 724 481
Profit After Tax 99 59 50

Valuation & Key Ratios

ROE—
ROCE—
RONW24%
PAT Margin—
EBITDA Margin—
Debt/Equity—
P/BV—
Pre EPS—
Post EPS—
Pre P/E—
Post P/E—

Grey Market Premium (GMP)

— Current GMP

GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.

Objects of the Issue

  • 1 Investment in three biomass (bagasse)-based power cogeneration projects of 15 MW each in the State of Punjab – 68.03
  • 2 Investment in five biomass-based power generation projects of 15 MW each in the State of Rajasthan – 120.00
  • 3 Investment in subsidiaries; – 169.67
  • 4 Repayment of a loan granted by L&T Infrastructure Finance Company Limited (“L&T Infrastructure Finance”) to the Company – 41.67
  • 5 Working capital requirements; and – 125.00
  • 6 General corporate purposes. – 112.82

Company Overview

Incorporated in 2002, A2Z Maintenance & Engineering Services Ltd is an engineering, procurement and construction ("EPC") company in India and providing services to the power transmission and distribution sector. They are diversifying this business to provide EPC services to power generation companies and companies in other sectors, including road and telecommunications.

Company is also involved in other businesses that include the following:

1. Generating power from renewable energy sources (the "Renewable Energy Generation business");
2. Providing municipal solid waste management services (the "MSW business");
3. Providing facility management services (the "FMS business"); and
4. Developing information technology ("IT") solutions for power utilities (the "Power IT Solutions business").

Company Information

AddressO-116, 1st Floor, DLF Shopping Mall, Arjun Marg DLF Phase-1, Gurgaon - 122001, Haryana, India Gurgaon, Haryana