RPP Infra Projects Ltd., which listed on the exchanges today, closed at a discount of 8% on its Issue Price at Rs.68.95 on the BSE as against its Issue Price of Rs.75/- per share

The share did, however, touched an Intra-day high of Rs.80.40 in the early minutes of trade, but could not quite maintain premium over the Issue Price after the first hour of trade

RPP Infra Projects IPO was subscribed 2.97 times. The company is primarily engaged in the business of infrastructure development such as highways, roads and bridges.

The Equity Shares of RPP Infra Projects Ltd. will be listed and admitted to the dealings on the exchanges with effect from Monday, December 6, 2010 in the 'B' Group of Securities

RPP Infra Projects is primarily engaged in the business of infrastructure development such as highways, roads and bridges. RPP Infra Projects IPO was subscribed 2.97 times

RPP Infra Projects IPO Allotment Status is declared and can be checked at the link given below

Click here to check RPP Infra Projects IPO Allotment Status now!

RPP Infra Projects IPO Issue Price has been set at Rs.75/- per equity share. The price so set is at the the upper band of the price band, which was Rs.68/- to Rs.75/- per equity share.

RPP Infra Projects is primarily engaged in the business of infrastructure development such as highways, roads and bridges. RPP Infra Projects IPO was subscribed 2.97 times

QIB: 0.16 times
Non-Institutional Investors: 7.27 times
Retail: 5.60 times
Employees: 0.43 times
Overall: 2.97 times