@dev, yes it might have affected by 5 times. One thing is sure where there is Pantomath & if company prospect is good, it gets good response from investors.
RKEC Projects Limited - Graphical display of bids received *
(* indicates bids position and not necessarily the subscription to the issue– bids received on the Exchange platform only)
As on 28-Sep-2017 17:45:00 IST Cumulative Demand (no. of shares in lakhs)
Bid Price (Rs.) Note: Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.
Total Issue Size 6378000 Total Bids Received 116202000 Total Bids Received at Cut-off Price 3564000 No. of times issue is subscribed 18.22
.......................A Over View of RKEC..... RKEC Projects Ltd is a Construction Company, over 32 years old, specialized in the business of Civil and Defence Construction such as construction of Buildings, Highways, Marine Works and bridges. During the last decade, the company has undertaken and successfully completed many construction projects in India covering states of Andhra Pradesh, Tamil Nadu, Gujarat, Odisha, Rajasthan and Maharashtra. In addition, the company has expanded our presence to three more states, Kerala, Uttar Pradesh and Manipur, with our ongoing projects. The Company has so far completed 81 Projects, worth over Rs 1049 Crores and currently handling Seven Projects amounting to Rs 705 Crores. The Company achieved a Turn Over of Rs 200 Crores during FY 2016-17 and been able to achieve our targets by fusing tremendous engineering knowledge with groundbreaking skills, experienced team, binding an optimum mix of men, machine and materials across diverse projects.
RKEC Projects Ltd ranked amongst the top ten companies for designing and executing Marine Works in the country. They Company has been executing onshore and infrastructure projects since 1985 and offshore works since 1994. We would also like to introduce ourselves as “Super Special Class” registered contractors with Ministry of Defence which gives us unlimited tendering capability.
RKEC Projects Ltd attained good reputation among its clients because of the 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. Here the Good clients list making it attractive on first sight!! let me find some financial data....
if company is good and fairly price it is best to bet on .... no matter who is the lead manager .... i have applied for 4 lots will be happy if get allotment ..