18 Sep 07 Supreme Infrastructure India Limited IPO – SIIL IPO
Supreme Infrastructure India Limited (SIIL), a Mumbai based infrastructure development company, is coming out with an IPO through the 100% book building process. The Supreme Infrastructure India Limited IPO (SIIL IPO) opens for subscription on Friday, september 21, 2007 and closes for subscription on the following Wednesday September 26, 2007. Supreme Infrastructure India Limited intends to use the funds raised through the IPO for funding its expansion plans and to meet its long term capital requirements. The increase in balance sheet size post IPO will also help Supreme Infrastructure India Limited (SIIL) to pre-qualify for bidding in larger construction projects. The IPO lot size of SIIL IPO is 50 shares. The price band for the Supreme Infrastructure India Limited IPO (SIIL IPO) has been fixed between Rs. 95 and Rs. 108 per share. Supreme Infrastructure India Limited (SIIL) is currently working on laying various National Highways. Supreme Infrastructure India Limited (SIIL) has also bagged the prestigious Kurla-Thane railway line expansion project which is funded by the world bank. Post IPO, the shares of Supreme Infrastructure India Limited IPO (SIIL IPO) will be listed on NSE and BSE. The lead manager for the SIIL IPO is Karvy Investor Services Ltd. The registrar for the SIIL IPO is Bigshare. For updates on the subscription / oversubscription ratio of Supreme Infrastructure India Ltd IPO and to know the IPO allotment status, refund details and listing date of Supreme Infrastructure India Ltd. IPO, do check this blog regularly.
Supreme Infrastructure India Limited IPO – SIIL IPO Prospectus
For more information, read the Draft Red Herring Prospectus of the Supreme Infrastructure India Limited IPO – SIIL IPO issue.
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