J Kumar Infraprojects Ltd. IPO has been issued by the company with the objectives of using the proceeds for the purchase of equipments and to meet the requirement of working capital.
The total size of the issue of J Kumar Infraprojects Ltd. IPO is 65,00,000 equity shares of about Rs. 10 each.
A short note on J Kumar Infraprojects Ltd:
J Kumar Infraprojects Ltd. is a company that is engaged in infrastructure development and civil engineering.
The main focus of J Kumar Infraprojects Ltd. is the development of residential and commercial buildings, airport runways, bridges, roads, sports complexes, flyovers, railway buildings and irrigation projects. J Kumar Infraprojects Ltd. has been active in the various regions of Maharashtra like Aurangabad, Mumbai, Vidharbha and Pune.
Authorities that have awarded contracts to J Kumar Infraprojects Ltd.
- Mumbai Rail Vikas Corporation
- Maharashtra State Road Development Corporation Limited
- Pimpri Chinchwad Municipal Corporation
- Mumbai Metropolitan Regulatory Development Authority
An overview of J Kumar Infraprojects Ltd. IPO:
J Kumar Infraprojects Ltd. IPO has been issued on 18th January 2008 and it closed on 23rd January, 2008. The company has fixed the price band of J Kumar Infraprojects Ltd. IPO between Rs. 110 and Rs. 120. The total size of the issue of J Kumar Infraprojects Ltd. IPO is 65,00,000 equity shares of about Rs. 10 each.
J Kumar Infraprojects Ltd. IPO has been listed on the National Stock Exchange of India Ltd. (NSE) and Bombay Stock Exchange Ltd. (BSE). The highest subscription amount for the retail investor in J Kumar Infraprojects Ltd. IPO is Rs. 100,000. The registrar of J Kumar Infraprojects Ltd. IPO is Karvy Computershare Private Limited. The lead manager of J Kumar Infraprojects Ltd. IPO is Anand Rathi Securities Limited.
Main objectives of J Kumar Infraprojects Ltd. IPO:
- To fund the requirement of working capital.
- To buy capital equipments.
- To meet the various corporate requirements.
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