CMM Infraprojects IPO


CMM Infraprojects IPOBusiness description from prospectus
– CMM Infraprojects is engaged in the business of construction and development of infrastructure projects in Buildings and Roads on contract basis for the last ten years. The promoters of the company are into the business for the last thirty-five years. The company is an Engineering, Procurement and Construction (EPC) company with experience in end-to-end design and construction of various projects including Housing Complex, Commercial Complex, Hospitals / Healthcare, Corporate Offices, Education Institutions, Defence Offices, Irrigation, ST Parks, IT Offices, Sports Complex, Automated and manual Car Parking, Sewerage, Highways / Roads, Bridges and Railways. It claims to have executed multiple projects with the Government(s) / PSUs / Corporates & various other organizations across different sectors and verticals across the country.

Promoters of CMM Infraprojects – Ms Laxmi Devi Mundra, Mr Kishan Mundra And Ms Samta Mundra

CMM Infraprojects IPO details

Subscription Dates 29 Sep – 4 Oct 2017
IPO Price band INR40 per share
Fresh issue 4,545,000 shares (INR18.18 crore)
Offer for sale Nil
Total IPO size 4,545,000 shares (INR18.18 crore)
Minimum bid (lot size) 3,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
CMM Infraprojects’ financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017
Total revenue 85.8 98.2 145.3 178.8 202.2
Total expenses 84.3 96.6 142.3 175.2 196.9
Profit after tax 1.1 1.1 1.9 2.3 6.2

CMM Infraprojects Limited
108, Shalimar Corporate Cente
8-B South Tukoganj
Indore-452001, Madhya Pradesh

Phone: +91 731 2516386
Email: [email protected]
Website: www.cmminfra.com

Day

Subscription (no. of times)

Day 1 0.19
Day 2 0.30
Day 3 1.66

 

Earnings Per Share (EPS): INR5.61

Price/Earnings (P/E) ratio: 7.13

Return on Net Worth (RONW): 22.67%

Net Asset Value (NAV): INR24.79 per share

Link Intime India Private Limited
C-101, 247 Park, L.B.S. Marg,
Vikhroli (West), Mumbai – 400 083
Maharashtra, India

Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email[email protected]
Website: http://www.linkintime.co.in

CMM Infraprojects IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.

IPO Opening Date: 29 September 2017

IPO Closing Date: 4 October 2017

Listing Date: 12 October 2017

Listing Price on NSE SME: INR46.5 per share (up 16.25% from IPO price)

Closing Price on NSE SME: INR42.25 per share (up 5.62% from IPO price)

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