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ARSS Infrastructure Projects Ltd.

ARSS Infrastructure Projects Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹450
₹450
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹450
Based on GMP
Min. Investment
₹6,750
1 lot × 15 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
08 Feb 2010
Close Date
11 Feb 2010
Allotment
17 Feb 2010
Listing Date
03 Mar 2010
Exchange
NSE & BSE
Price Band
₹450
Listing Price
See chart
Allotment Status
Price Band
₹450
Per share
Face Value
₹10 per share
 
Lot Size
15 Shares
per lot
Issue Size
22,89,230 shares (aggregating up to ₹103.02 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹6,750
1 lot
Pre-IPO Holding
1,25,54,000 shares
Promoters
Post-IPO Holding
1,48,42,888 shares
Promoters
UPI Deadline
2010-02-11
Mandate
Anchor AllotmentSun, 07 Feb 2010
Basis of AllotmentWed, 17 Feb 2010
Refund InitiationThu, 18 Feb 2010
Demat CreditThu, 18 Feb 2010
Listing DayWed, 03 Mar 2010
UPI Mandate Deadline2010-02-11
Sale TypeFresh Capital
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
ARSS Infrastructure Projects Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 11 Feb 2010.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
2,288,888
100% ₹103.00
IPO Shares Offered
ARSS Infrastructure Projects Ltd. IPO total issue size: ₹103.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 2,288,888 ₹103.00
100.00%
* Based on upper price band ₹450 per share
Lot Size & Investment
Lot Size
15
Shares per Lot
Issue Price
₹450.00
Upper Band
Min Investment
₹6,750
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)230₹13,500
Retail (Max — 29 Lots)29435₹195,750
S-HNI (Min — 30 Lots)30450₹202,500
B-HNI (Min — 149 Lots)1492,235₹1,005,750
* Issue Price ₹450 × Lot Size 15 shares
IPO Schedule
Anchor
07 Feb 2010
✓ Done
IPO Open
08 Feb 2010
✓ Done
IPO Close
11 Feb 2010
✓ Done
Allotment
17 Feb 2010
✓ Done
Refunds
18 Feb 2010
✓ Done
Demat Credit
18 Feb 2010
✓ Done
Listing Day
03 Mar 2010
✓ Done
ARSS Infrastructure Projects Ltd. — Live Price LIVE
₹450.00
INR · BSE
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Issue ₹450.00 Live Price
About ARSS Infrastructure Projects Ltd.
Incorporated in 2000, ARSS Infrastructure Projects Ltd is engaged in construction of railway infrastructure, roads, highways, bridges and irrigation projects in India. ARSS have business activities in the zonal jurisdictions of East Coast Railway, South Eastern Railway, South East Central Railway, Southern Railway and North Western Railway. ARSS also engaged in the railway construction projects, which includes earthwork, major and minor bridges, supply of ballast, sleepers, laying of sleepers and rails, linking of tracks etc. ARSS have completed around 200 km rail line and about 300 km of roads and highways.ARSS Infrastructure has presence in Eastern India, particularly in the state of Orissa. However, in recent years they have pursued opportunities in other parts of India including states of Chhatisgarh, Rajasthan, Jharkhand, Haryana , Kerla, Andhra Pradesh, Assam, Maharastra and Tamil Nadu.Some of the important projects being currently executed by ARSS on standalone / joint venture basis are as follows:1. Construction, rehabilitation and widening of Cuttack - Paradeep road, Orissa, for a contract value of Rs. 20,826.77 lacs.2. Construction of Roadbed including Major and Nior Bridges, Facilities and General Electrification in connection with construction of New BG line between Haridaspur and Paradeep in East Coast Railway in the State of Orissa, for a contract value of Rs. 10,096.66 lacs.3. JSPL, Angul Project-Work Order for execution of Rail Infrastructure Work of Rs.26,100.00 lacs4. Construction of new broad gauge line, bridges, earthwork cuttings, road over bridges, road under bridges and sub ways between Salem-Karur, Chennai. The contract value for the project is Rs. 5,139.05 lacs.5. Construction of Kaushilia Dam and appurtenant works in panchkula district of Rs. 11299.19 lacs.
Objects of the Issue
1
1 Investment in joint ventures.
2
2 Funding long term working capital requirements
3
3 General corporate purpose
4
4 Public issue expenses
ARSS Infrastructure Projects Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹31,541.6
31-Mar-08
₹62,822.5
31-Mar-09
₹22,554.7
30-Jun-09
Profit After Tax (PAT)
₹2,683.6
31-Mar-08
₹5,118.6
31-Mar-09
₹1,890.4
30-Jun-09
Particulars30-Jun-0931-Mar-0931-Mar-08
Revenue from Operations 22554.68 62822.52 31541.61
EBITDA N/A N/A N/A
Profit After Tax (PAT) 1890.38 5118.64 2683.57
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A — —
PAT Margin (%) N/A — —
RoNW
34.47
Issue Structure & Shareholding
Total Shares Offered22,88,888 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding1,25,54,000 shares
Post-Issue Promoter Holding1,48,42,888 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
IDBI Capital Markets Services Ltd.
SBI Capital Markets Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much ARSS Infrastructure Projects Ltd. IPO subscribed? ▲

ARSS Infrastructure Projects Ltd. IPO is subscribed 1.00 times by Feb 11, 2010. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is ARSS Infrastructure Projects Ltd. IPO retail subscription status? ▼

The ARSS Infrastructure Projects Ltd. IPO retail category is subscribed 1.00 times as of 11 Feb 2010. The retail portion is oversubscribed.

How to subscribe ARSS Infrastructure Projects Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 08 Feb 2010 and closes 11 Feb 2010. Min investment: ₹6,750 (1 lot = 15 shares). UPI mandate: 2010-02-11.

How many times ARSS Infrastructure Projects Ltd. IPO subscribed? ▼

The ARSS Infrastructure Projects Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check ARSS Infrastructure Projects Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 17 Feb 2010. Refunds: on 18 Feb 2010.

When ARSS Infrastructure Projects Ltd. IPO will be listed? ▼

The ARSS Infrastructure Projects Ltd. IPO listing date is 03 Mar 2010, Wednesday. Listed on: NSE & BSE. Issue price: ₹450. Estimated listing: ₹450. GMP: NIL.

When ARSS Infrastructure Projects Ltd. IPO close? ▼

The ARSS Infrastructure Projects Ltd. IPO closes on 11 Feb 2010, Thursday. UPI mandate: 2010-02-11. Allotment: 17 Feb 2010. Listing: 03 Mar 2010.