KNR Constructions IPO : KNR IPO soon
KNR Constructions IPO : KNR IPO soon
CRISIL assigned IPO Grade 3/5 to the proposed initial public offer of KNR Constructions (KNRCL).
The KNR-Patel JV has won 10 road construction projects so far. These include two BOT annuity projects as a part of NHDP Phase II, the combined value of which is Rs 9.6 billion. As of September 2007, KNRCL`s order book stood at Rs 16.25 billion, of which the roads sector constituted 89%.
