PRAKASH CONSTROWELL LTD IPO
| Issue Open: | September 19, 2011 |
| Issue close: | September 21, 2011 |
| Price Band: | Rs. 130 – Rs. 138 Per Equity Share |
| Minimum Bid Size: | 50 Equity Shares |
| Face Value: | Rs. 10 Per Equity Share |
| Issue Type: | 100% Book Building |
| Maximum Subscription Amount for Retail Investor: | Rs. 200000 |
PRAKASH CONSTROWELL LTD IPO:
Incorporated in 1996, Prakash Constrowell Ltd is a construction company engaged in the business of infrastructure development and civil construction.Prakash Constrowell is headquartered at Nasik, Maharashtra and has operations across the state of Maharashtra. Comapny has successfully executed a range of construction projects in the state of Maharashtra.Company mainly operates in the three segments of construction:1. Infrastructure development includes construction and maintenance of roads / highways, bridges, including projects on public private partnership (PPP) model, industrial parks, workshops, hospitals, educational institutions;2. Civil construction includes Government staff quarters, hostel buildings and auditoriums;3. Residential and commercial real estate construction.
PRAKASH CONSTROWELL LTD IPO Grading / Rating:
CARE has assigned an IPO Grade 2 to Prakash Constrowell Ltd IPO. This means as per CARE, company has ‘Below Average Fundamentals’.
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