Business description from prospectus – RKEC Projects is a construction company primarily engaged in the business of Civil Construction such as construction of Highways, roads and bridges. During the last decade, it has undertaken and successfully completed many construction projects in India covering states of Andhra Pradesh, Tamil Nadu, Gujarat, Odisha, Rajasthan and Maharashtra. In addition to these, it has expanded presence to three more states, Kerala, Uttar Pradesh and Manipur, with ongoing projects.
The company’s core business is designing and undertaking construction projects such as Bridges, Ports, dams, high-rise structures, airports, cross water, roads, highways, Oil and gas Pipelines, complexes and environmental structures across India. It has attained good reputation among our clients because of track record, experienced members and a proven strength on delivery norms across its all spectrum of services. The company has entered into projects for diverse range of clients including Defence sector, Railways, Ports, Adani Port, Vedanta Ltd, IVRCL Limited, Rashtriya Ispat Nigam Limited and ESSAR.
Promoters of RKEC Projects – Radhakrishna Garapati
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RKEC Projects IPO details |
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| Subscription Dates | 25 – 28 September 2017 |
| IPO Price band | INR45 per share |
| Fresh issue | 6,378,000 shares (INR28.70 crore) |
| Offer for sale | Nil |
| Total IPO size | 6,378,000 shares (INR28.70 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
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RKEC Projects’ financial performance (in INR crore) |
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| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | ||
| Total revenue | 81.3 | 58.6 | 71.7 | 113.5 | 200.1 | |
| Total expenses | 77.1 | 55.5 | 68.7 | 108.3 | 180.0 | |
| Profit after tax | 2.8 | 1.1 | 2.0 | 3.2 | 13.1 | |
RKEC Projects Limited
Door No. 10-12-1, Rednam Alcazar, 3rd Floor
Opp: SBI Main Branch, Old Jail Road, Rednam Gardens,
Visakhapatnam, Andhra Pradesh -530020
Phone: +91Â 8912574517
Email: [email protected]
Website: www.rkecprojects.com
| Day |
Subscription (no. of times) |
| Day 1 | 0.72 |
| Day 2 | 0.93 |
| Day 3 | 1.59 |
| Day 4 | 18.22 |
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Earnings Per Share (EPS): INR6.80
Price/Earnings (P/E) ratio: 6.62
Return on Net Worth (RONW): 33.59%
Net Asset Value (NAV): INR20.24 per share
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072
Phone:Â +91 22Â 4043 0200Â
Fax:Â +91 22Â 2847Â 5201
Email:Â [email protected]
Website:Â www.bigshareonline.com
RKEC Projects IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
IPO Opening Date: 25 September 2017
IPO Closing Date: 28 September 2017
Listing Date: 9 October 2017
Listing Price on NSE SME: INR54 per share (up 20% from IPO price)
Closing Price on NSE SME:Â INR54 per share (up 20% from IPO price)
anyone willing to sell his applcation @10000 plz conatact me
8863805714
this rate is only on confirm allotmnt
this is the last chance i m ready to buy plz drop me msg if u want to sell
Kk