Man Infraconstuction IPO Price Band Fixed - Indian IPO Blog

Monday, February 15, 2010

Man Infraconstuction IPO Price Band Fixed

Man Infraconstuction Ltd. has fixed the Price Band for its upcoming IPO at Rs.243/- to Rs.252/- per equity share. Man Infraconstruction Ltd. provides construction services for port infrastructure, residential, industrial, commercial and road infrastructure projects. The IPO would remain open for subscription between Thursday, February 18, 2010 and Monday, February 22, 2010

The Objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital for the following purposes:
1. Purchase of capital equipment; and
2. General corporate purposes and strategic initiatives

The book running lead managers to the issue are IDFC - SSKI Limited and Edelweiss Capital Limited, while Link Intime India Private Limited is the Registrar to the Issue

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