Gammon Infrastructure IPO , GIPL IPO :GIPL IPO soon

Gammon Infrastructure IPO , GIPL IPO :GIPL IPO soon

Gammon Infrastructure Projects Ltd (GIPL), a part of Gammon India Ltd, had filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India (SEBI) for its forthcoming initial public offering .

It is expected to announce the IPO soon clearing all hurdles .

GIPL, an infrastructure development company, is currently developing roads, bridges, ports and hydro power projects and has identified the following areas for project development and infrastructure investment: urban infrastructure, airports, special economic zones, water and waste water management, railways, power transmission lines and agricultural infrastructure

As Mundra Port IPO was a huge Hit , similar activity can be expected with GIPL IPO.

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