Archive for the 'Infrastructure' Category

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 […]

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 […]

J Kumar Infra IPO : J Kumar Infraprojects IPO soon

J Kumar Infra IPO : J Kumar Infraprojects IPO
J Kumar Infraprojects has filed papers with the Securities and Exchange Board of India to raise funds through initial public offer.
The company plans to come out with an offering of 65 lakh equity shares of Rs 10 each for cash at a price to be decided […]

Punj Lloyd - Punj Lloyd Group bags Rs 1272 crore LTA Project in Singapore

Punj Lloyd Ltd has informed  that Sembawang Engineers and Constructors Pte Ltd, a wholly owned subsidiary of the Company has won a major contract worth Rs 1272 crore for architectural, civil and structural work at the proposed Bayfront MRT station in Marina Bay in Singapore. The contract has been awarded by Land Transport Authority of […]

Simplex Infrastructure bags 580 Crores Order

Simplex Infrastructures, one of the largest infrastructure solutions providers, bagged a contract from DP World for Rs 500 crores for ICTT Kochi Phase 1A.
Recently, Simplex won two contracts aggregating Rs 680 crores. The first contract was for the design and construction of eastern freeway from museum to Anil Panjarapole link road and the second contract […]

China Rail IPO : China Rail plans $5.5-b IPO

China Railway Group, the world’s third-largest construction contractor by revenue, plans to raise up to $5.5 billion from its Hong Kong and Shanghai IPO amid booming railway investment in China, sources said Monday.
China earmarked more than 5 trillion yuan ($673 billion) for transport infrastructure spending in its five year plan for 2006 through 2010, including […]

Simplex Infrastructures secures two contracts aggregating Rs 680 crores

Simplex Infrastructures Ltd has informed that the Company has bagged two contracts aggregating Rs 680.00 crores for design and construction of Eastern Freeway from Museum to Anil Panjarapole Link Road and for design and construction of Fly Over on Dr. Babasaheb Ambedkar Road under Package II.

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Kaushalya Infrastructure Development Corporation KIDC IPO : KIDC IPO opens on 20 Nov

Kaushalya Infrastructure Development Corporation KIDC IPO : KIDC IPO opens on 20 Nov
Kaushalya Infrastructure Development Corporation (KIDCO) today said it plans to raise up to Rs 51 crore through an initial public offer (IPO) to buy land and equipment as well as for investing in various projects.
The Kolkata-based company would issue 85 lakh shares in […]

KIDCO IPO : KIDCO IPO opens on November 20

KIDCO IPO : KIDCO IPO opens on November 20
Kaushalya Infrastructure Development Corporation ( KIDCO ) has fixed the price band for its upcoming issue at Rs 50 to 60 per share. The company will tap the capital markets with an initial public issue of 85 lakh equity shares of Rs 10 each at a premium […]

IVRCL Acquires an Oil & Gas E&P Company ALCOR

IVRCL Infrastructures & Projects Ltd has informed  that the Company has entered into a Share Purchase Agreement on November 11, 2007 to acquire 100% shares of Alkor Petroo Ltd (Alkor)- an unlisted Oil and Gas E&P Company.
Alkor had five exploration blocks in the Republic of Yemen and Arab Republic of Egypt along with Gujarat State […]