Friday, January 25, 2008

SVEC Constructions Ltd IPO


Incorporated in 1985, SVEC Constructions Limited is a leading company in the construction industry in India. They executes projects for Government, public and private corporates.

SVEC Constructions has completed many contracts with various public sector undertakings, defence establishments, State and central governments. SVEC undertakes projects like the construction of major specialized public utility buildings and irrigation projects involving the use of heavy machinery besides heavy structural steel fabrication works.

    SVEC has designed, constructed and delivered some of the infrastructure projects in the country covering the following sectors of the industry:
  1. Irrigation
  2. Commercial
  3. Residential
  4. Hospitals
  5. Judicial
  6. Sports stadium
  7. Airports
  8. Industrial structures

SVEC is one of the specialists in CC lining and construction of structures for canals and in building residential/commercial buildings for Government, public and private corporates.

Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
  1. Purchase of Capital Equipment;
  2. Meeting long term working capital requirements;
  3. To meet the expenses of the Issue;
  4. For General Corporate Purpose;

SVEC Constructions Ltd IPO Information

»» Public Issue Open: February 04, 2008 to February 08, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 40,00,000 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 85/- to Rs. 95/- Per Equity Share
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager:Centrum Capital Ltd, Karvy Investor Services Ltd
»» Registrar: Karvy Computershare Pvt Ltd (Ph: +91-40-2342 0815 Email: mailmanager@karvy.com)

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