IRCON International Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 4,702,578 (47%) | — | ₹22,337 Cr |
| NII (HNI) | — | 1,410,774 (14%) | — | ₹6,701 Cr |
| Retail | — | 3,291,805 (33%) | — | ₹15,636 Cr |
| Employee | — | 500,000 (5%) | — | ₹238 Cr |
| Σ Total | — | 9,905,157 (100%) | — | ₹470,495 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹14,250 |
| Retail (Max) | 13 | 390 | ₹185,250 |
| S-HNI (Min) | 14 | 420 | ₹199,500 |
| B-HNI (Min) | 67 | 2,010 | ₹954,750 |
Financial Statements Amount in Crore
| Metric | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue | 4,212 | 3,301 | 2,909 |
| Profit After Tax | 412 | 384 | 393 |
| Total Assets | 12,778 | 9,231 | 8,139 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- –
Company Overview
Incorporated in 1976, Delhi based IRCON International Limited is a government company (under the Ministry of Railways) engaged in the business of engineering and construction. The company specializes in major infrastructure projects including highways, railways, bridges, flyovers, electrical and mechanical works, development of commercial, residential and industrial areas. It was ranked 248 in the list of 250 of top 250 global contractors by USA based Engineering News Record (ENR).
IRCON is headquartered in Delhi and has 26 project offices, 5 regional offices in India and 5 overseas project offices in Sri Lanka, Bangladesh, Malaysia, South Africa, and Algeria.
The company has 1,175 full-time employees on its payroll.
Competitive Strengths of the company-
1. Diversified business across many countries
2. Strong Financial performance with a robust credit profile
3. Strong order book of Rs 223,871.7 million as on Dec 31st, 2017.
4. Continuously expanding footprint within and beyond India