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HEC Infra Projects Ltd IPO (HEC Infra Projects IPO) Detail

March 10, 2016 - March 18, 2016

HEC Infra Projects IPO is a fixed price issue of Rs 5.39 crores.

HEC Infra Projects IPO bidding started from March 10, 2016 and ended on March 18, 2016. The shares got listed on NSE SME on March 30, 2016.

HEC Infra Projects IPO price is ₹100 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Sarthi Capital Advisors Private Limited is the book running lead manager of the HEC Infra Projects IPO, while Cameo Corporate Services Limited is the registrar for the issue.

Refer to HEC Infra Projects IPO RHP for detailed information.

HEC Infra Projects IPO Details

IPO Date March 10, 2016 to March 18, 2016
Listing Date March 30, 2016
Face Value ₹10 per share
Price ₹100 per share
Lot Size 1200 Shares
Total Issue Size538,800 shares
(aggregating up to ₹5.39 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue1,488,832
Share holding post issue2,027,632

HEC Infra Projects IPO Lot Size

Investors can bid for a minimum of 1200 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 1200 ₹120,000
Retail (Max) 1 1200 ₹120,000
Lot Size Calculator

About HEC Infra Projects Ltd

HEC Infra Projects Ltd (HEC) is an EPC (Engineering, Procurement and Construction) and SIRC (supply installation Testing & Commission) contractor in the field of Electrical engineering. The Company is a registered as a Class-I Composite Category with Central Public Works Department (CPWD and also been awarded contractor license from Gujarat Energy Transmission Corporation limited (GETCO) as Class - C Contractor and is a registered EPC Contractor with Indian Farmers Fertilizer Cooperative Limited (IFFCO).
HEC is an Electro-Mechanical Contracting firm undertaking Turn-key as well as EPC Projects. The company is in the field of execution for all kind of Electro - Mechanical contracting work since more than last 18 years.

HEC has associated concerns wherein complete range of L.T. and H.T. Electrical Panel Boards are manufactured. It has served for many projects (upto 220KV) catering across industries such as Steel, Chemical, Cement, Refineries, Petrochemicals, Gas & Oil Sector, Textile, Pharmaceuticals, Power-generation plants, Ports, Commercial Centers, Banks, Malls, Multiplexes, Call Centers, Software Park & SEZ.

Objects of the Issue (HEC Infra Projects IPO Objectives)

The objects of the Issue are:
1. To meet the working capital requirements of the Company;
2. Issue Expenses

HEC Infra Projects IPO Review (Apply)

[Dilip Davda]  

Cash surplus investors may consider investment in this IPO in a for  long term, as the sector has bright prospects going ahead.

Read detail review...

HEC Infra Projects IPO Prospectus

HEC Infra Projects IPO Rating

9
3.8
Rating:Rated 3.8 stars
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HEC Infra Projects IPO Listing Details

Listing Date March 30, 2016
BSE Script Code
NSE Symbol HECPROJECT
ISIN INE558R01013
Final Issue Price ₹100 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹100.00
₹102.00
₹90.00
₹109.00
₹97.90

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HEC Infra Projects Ltd Contact Details

HEC Infra Projects Ltd
Sigma - 1 Corporates, Corporate House No. 6,
Sindhu Bhavan Road, Nr. Mann Party Plot Cross Road
Bodakdev, Ahmedabad, Gujarat - 380054, India
Phone: +91-79-40086771 74
Email: elect@hecproject.com
Website: http://www.hecprojects.in

HEC Infra Projects IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/

HEC Infra Projects IPO - Buy or Not

HEC Infra Projects IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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HEC Infra Projects IPO FAQs

HEC Infra Projects IPO is a SME IPO of 538,800 equity shares of the face value of ₹10 aggregating up to ₹5.39 Crores. The issue is priced at ₹100 per share. The minimum order quantity is 1200 Shares.

The IPO opens on March 10, 2016, and closes on March 18, 2016.

Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The HEC Infra Projects IPO opens on March 10, 2016 and closes on March 18, 2016.

HEC Infra Projects IPO lot size is 1200 Shares, and the minimum amount required is ₹120,000.

You can apply in HEC Infra Projects IPO 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 HEC Infra Projects IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the HEC Infra Projects IPO allotment status.

The HEC Infra Projects IPO listing date is on March 30, 2016.
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HEC Infra Projects IPO Message Board

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12 Comments

10. C.A. shripal |   Link |  Bookmark |March 30, 2016 1:23:45 AM
I talk with my friend in ahmedabad who is chartered accountant of this company he is also telling that hec will come 200 within 3 to 6 months.....opportunity to buy if rate is 108 or below.....
9. C.A. shripal |   Link |  Bookmark |March 29, 2016 7:19:24 PM
15 pe post ipo...but we should calculate ateast 12 percent interest for ipo proceed amt it comes 70 to 80 lakhs ...there after pe becomes 10 only.....and approx 125 cr turnover and matket cap only 20 cr they are asking....very nice valuation for investing....mininum 300 rate will come in 1 year....second fourth dimension
8. nayan lakhani |   Link |  Bookmark |March 29, 2016 5:42:30 PM
IPOANALYSIS SIR,
Pl.send me your MOB.NO
8.1. IPOANALYSIS |   Link |  Bookmark |March 29, 2016 6:48:52 PM
i can mail you.
can you send me email to tarunchadha1@ h o t m a i l d o t com
7. jonam |   Link |  Bookmark |March 29, 2016 9:32:00 AM
At 15 PE don''t see much scope for appreciation unless there is growth in earnings. Do not get carried away!!!
6. C.A. shripal |   Link |  Bookmark |March 29, 2016 1:03:56 AM
See prospectus for last trade was done in 2015 feb for 2200 sharea at 475...actually very nice share at 100 rs...it will be second fourth dimension in 3 months...book value and pe also very good compare to peer grouo
5. C.A. shripal |   Link |  Bookmark |March 29, 2016 12:51:50 AM
Hec was already listed in feb 2015 on nse institutional trading platform. ..the last traded price was 475 on nse...u can see as hecinfra nse code was 6154...therefter company applied for delisting and was delisted from feb 23 2015...
4. IPOANALYSIS |   Link |  Bookmark |March 28, 2016 2:34:51 AM
WONDERFUL SME

A CLASS APART SALES FIGURE OF 125 CORE AND PROFITS OF 2+CRORE IS EXCELLENT AND THEY ARE ASKING MARKET CAP OF ONLY 30 CRORE.

SO IT IS VERY CHEAP AT 100 RS

IT SHOULD HAVE GOOD POST LISTING GAINS. BEST STOCK FOR LONG TERM AS INFRA BOOST AND DUE TO THIS AVAILABLE AT LOW P/E COMARED TO ITS PEER .
ALSO ITS JUST A 5 CORE ISSUE

SEE THIS STOCK GIVING GOOD RETURNS FOR LONG TERM INVESTORS.
3. Suresh Rai |   Link |  Bookmark |March 26, 2016 8:08:55 AM
When the issue is going to be listed?
2. namra |   Link |  Bookmark |March 18, 2016 5:28:10 PM
How many subscribe in retail category this ipo
2.1. Slowrocket |   Link |  Bookmark |March 23, 2016 10:46:47 PM
Wealth first is very good
They are people behind fourth dimension
And hi tech
1. m patel |   Link |  Bookmark |March 8, 2016 7:42:57 PM
should have to apply for this nse sme ipo.