08 May 07 Brahamputra Consortium Limited IPO
Infrastructure and construction company, Brahamputra Consortium Limited is all set to tap the Indian capital markets through an IPO issue. Brahamputra Consortium Limited has filed the draft red herring prospectus with SEBI and is now awaiting SEBI approval for its IPO. Brahamputra Consortium Limited will offer 4.2 million equity shares at a price which will be decided through a 100% book building IPO process. Brahamputra Consortium Limited has an order book of over 730 crores. This gives Brahamputra Consortium Limited a good earnings visibility. With interest rates rising, companies from capital intensive sectors like real estate, infrastructure and construction are looking to tap the capital market for funds. This is evident from the vast number of IPO’s from construction and real estate companies that are lined up and will hit the market in the coming few months.
For updates on the subscription / oversubscription ratio of Brahamputra Consortium Limited IPO and to know the allotment status and listing date of Brahamputra Consortium Limited IPO, do check this blog regularly.
Brahamputra Consortium Limited IPO Prospectus
For more information, read the IPO prospectus of the Brahamputra Consortium Limited IPO Issue which will be uploaded here in the coming few days.
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