Gammon Infrastructure Projects Limited is offering part-payment facility. Part-payment facility to retail investors and non-institutional investors. Pay Rs 50 per equity share with the application form and the balance to be paid by the due date. CARE has given grade 4 to it.
Gammon Infrastructure Projects Limited is giving part-payment facility to retail investors and non-institutional investors. Retail investors and Non-institutional investors just have to pay Rs 50 per equity share with the application form and the the balance to be paid by the due date.
Dear All's Forage it, due to you can see that excising infra companies share market prices, it going down and down, God knows when it will stop, so keep avoid to enter this IPO
* Gammon Infrastructure Projects Limited is offering part-payment facility. * Part-payment facility to retail investors and non-institutional investors. * Pay Rs 50 per equity share with the application form and the balance to be paid by the due date. * CARE has given grade 4 to it.
Sorry Extremer , plz dont apply 4 this IPO...just rt now i got 2 know after reading msgs from other members that they had build the flyover which collapsed in Hyd ....My human instinct suggets not 2 go 4 this IPO ....though I'm not directly related 2 the sufferers, still then I cant betray them ...
Pl do not apply for this IPO, even if it is good for u all. As this company did not help or do any thing towards the died people in Hyderabad. I know u guys will get many IPO s to invest. Pl avoid this issue to give a harmony to the died people in right way. thanks every body. Great guys takes great decesion.
Thanks for the people thinking about this company’s shoddy work done to the flyover they are constructing in Hyderabad. By reading the posts, I feel that people still have moral values and I hope they will keep it up. After all money doesn’t bring you everything, and we should remember that we cannot eat money. These buggers with political connections in state government are able to bury the case and no action was taken against any one. Even though I am no where related to the people died in that tragic incident we all should stand together and let the cheaters know that people are watching. It’s the people who can make the difference and not the politicians.
Hi, I am regular investor in IPO and I am influenced by the posts here quoting that Gammon had done nothing for people who died due to their negligence. I fully agreed though I don’t have any connection with those died; that I must not apply to this IPO if this is reason. They can't take care of our money if they are not able to care of their work. I think good investor has a moral and I will NOT apply in this IPO.
it is very surprising that the RHP of the Company is not getting downloaded from the web site of SEBI& SSKI, the lead manager. I wonder what is there to hide from investors . There is confusion about EPS, Basis of Issue Price etc. Could some one inform me, if they have downloaded the RHP ?
The company has very bad creditials in its pocket.
1. Flyover in Hyderabad - No official of the company had come out to help the injured people by the flyover. They just shyed away. Proper compensation was not paid to the victims.
2. SEBI has barred the company from accessing the capital markets due to charges that the Gammon was routing the company’s funds to subscribe to its rights issue.
3. The companys hunger to grab money from the public can be assessed by comming to market immediately after the expiry of the ban.
This is not a good costruction company which do not have any moral values. Gammon started construction of a bridge in hyderabad and it collapsed on poor people. We should not invest in these companies. They do similar type of distruction to stock holders also...Be careful in investing these type of companies.