Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
EIL FPO is a book built issue of Rs 505.40 crores.
EIL FPO bidding started from February 6, 2014 and ended on February 12, 2014. The shares got listed on BSE, NSE on February 28, 2014.
EIL FPO price band is set at ₹145 to ₹150 per share. The minimum lot size for an application is 100 Shares. The minimum amount of investment required by retail investors is ₹15,000.
ICICI Securities Limited, Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) and Kotak Mahindra Capital Company Limited are the book running lead managers of the EIL FPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to EIL FPO RHP for detailed information.
| IPO Date | February 6, 2014 to February 12, 2014 |
| Listing Date | February 28, 2014 |
| Face Value | ₹5 per share |
| Price Band | ₹145 to ₹150 per share |
| Lot Size | 100 Shares |
| Total Issue Size | 33,693,660 shares (aggregating up to ₹505.40 Cr) |
| Issue Type | Book Built Issue FPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 336,936,600 |
| Share holding post issue | 336,936,600 |
EIL FPO offers 33,693,660 shares. 16,596,830 (49.26%) to QIB, 4,979,049 (14.78%) to NII, 11,617,781 (34.48%) to RII, 500,000 (1.48%) to employees. 116,177 RIIs will receive minimum 100 shares and (sNII) and (bNII) will receive minimum 1,400 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 16,596,830 (49.26%) | NA |
| NII (HNI) Shares Offered | 4,979,049 (14.78%) | |
| Retail Shares Offered | 11,617,781 (34.48%) | 116,177 |
| Employee Shares Offered | 500,000 (1.48%) | NA |
| Total Shares Offered | 33,693,660 (100%) |
Investors can bid for a minimum of 100 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹15,000 |
| Retail (Max) | 13 | 1300 | ₹195,000 |
| Lot Size Calculator | |||
The promoters of the company is The President of India.
| Share Holding Pre Issue | 90.4% |
| Share Holding Post Issue | 80.4% |
Incorporated in 1965, Engineers India Ltd is an engineering consultancy company providing design, engineering, procurement, construction and integrated project management services, focused on the oil and gas and petrochemicals industries in India and internationally. They also operate in a diverse set of other sectors including non-ferrous mining and metallurgy and infrastructure.
Engineers India have provided a range of engineering consultancy and project implementation services on more than 49 refinery projects, including 8 greenfield refinery projects, 7 petrochemical complexes, 35 oil and gas processing projects, 205 offshore platforms projects, 37 pipeline projects, 11 ports and storage and terminals projects, 8 fertilizer projects and 26 mining and metallurgy projects. In the infrastructure space, they have provided a range of engineering consultancy services for more than 26 projects, including for airports, highways, flyovers, bridges, water and sewer management, as well as energy-efficient "intelligent" buildings. They have also completed 16 turnkey projects, including refinery and petrochemicals projects and offshore platforms.
| KPI | Values |
|---|---|
| RoNW | 38.56% |
The object of the Offer is to carry out the disinvestment of 33,693,660 Equity Shares by the Selling Shareholder. The Company will not receive any proceeds from the Offer and all proceeds shall go to the GoI.
The EIL FPO is subscribed 2.83 times on February 12, 2014 5:00:00 PM. The public issue subscribed 2.48 times in the retail category, 3.93 times in the QIB category, and 0.23 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 3.93 |
| NII | 0.23 |
| Retail | 2.48 |
| Employee | 0.22 |
| Total | 2.83 |
Discount of Rs 6.00 is available for Retail investors and employees of the Company.
The Offer was initially scheduled to close on February 10, 2014. However, the public sector banks have proposed a strike on February 10, 2014 and February 11, 2014, owing to which Bidders in the Offer will not be able to submit Bids through the public sector banks on February 10, 2014. Therefore, the Selling Shareholder and the Company, in consultation with the Book Running Lead Managers, have decided to extend the Offer Period till February 12, 2014 and the Offer Closing Date shall now be February 12, 2014.
| Listing Date | February 28, 2014 |
| BSE Script Code | 532178 |
| NSE Symbol | ENGINERSIN |
| ISIN | INE510A01028 |
| Final Issue Price | ₹150 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹150.00 |
| ₹149.40 |
| ₹148.00 |
| ₹150.60 |
| ₹149.90 |
| NSE |
|---|
| ₹150.00 |
| ₹151.40 |
| ₹150.80 |
| ₹148.60 |
| ₹147.25 |
Engineers India Limited
Engineers India Bhawan,
1, Bhikaiji Cama Place,
New Delhi 110 066, India
Phone: +91 11 2676 2121
Email: company.secretary@eil.co.in
Website: http://www.engineersindia.com
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: eil.fpo@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/
EIL FPO is a main-board FPO of 33,693,660 equity shares of the face value of ₹5 aggregating up to ₹505.40 Crores. The issue is priced at ₹145 to ₹150 per share. The minimum order quantity is 100 Shares.
The FPO opens on February 6, 2014, and closes on February 12, 2014.
Kfin Technologies Limited is the registrar for the FPO. The shares are proposed to be listed on BSE, NSE.
The EIL FPO opens on February 6, 2014 and closes on February 12, 2014.
EIL FPO lot size is 100 Shares, and the minimum amount required is ₹15,000.
You can apply in EIL FPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for EIL FPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the EIL FPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
IPO Mentor (900+ Posts, 600+ Likes)
IPO Guru (1300+ Posts, 700+ Likes)
