ARSS Infra IPO Latest News Today

ARSS Infrastructure IPO will list on Wednesday, March 03, 2010. Issue price of this IPO has been fixed at Rs 450/- per share. IPO was oversubscribed by 47.62 times (18.5487 times in retail).

IPO Listing Detail

Listing Date: Wednesday, March 03, 2010
BSE Script Code: 533163
NSE Symbol: ARSSINFRA
Listing In: 'B' Group of Securities
ISIN: INE267I01010
Issue Price: Rs. 450.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

ARSS Infrastructure IPO will list on Wednesday, March 03, 2010. Issue price of this IPO has been fixed at Rs 450/- per share. IPO was oversubscribed by 47.62 times (18.5487 times in retail).

IPO Listing Detail

Listing Date: Wednesday, March 03, 2010
BSE Script Code: 533163
NSE Symbol: ARSSINFRA
Listing In: 'B' Group of Securities
ISIN: INE267I01010
Issue Price: Rs. 450.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

ARSS Infrastructure Projects Ltd IPO allotment Status is now available online.

ARSS Infrastructure IPO was open on Feb 08, 2010 and closed on Feb 11, 2010. IPO was oversubscribed by 47.62 times (18.5487 times in retail).

ARSS Infrastructure Projects Ltd IPO allotment Status is now available online.

ARSS Infrastructure IPO was open on Feb 08, 2010 and closed on Feb 11, 2010. IPO was oversubscribed by 47.62 times (18.5487 times in retail).

ARSS Infrastructure Projects Ltd IPO finally subscribed 47.62 times(18.5487 times in retail) on it's closing day. ARSS Infrastructure IPO was open on February 08, 2010 and closed today on February 11, 2010 for subscription. ARSS has received bids for 11,96,40,765 shares as against issue size of 25,12,195 shares.

Oversubscription detail

Qualified Institutional Buyers (QIBs): 49.3442 Times

Non Institutional Investors: 124.5287 Times

Retail Individual Investors (RIIs): 18.5487 Times

Total: 47.62 Times

ARSS Infrastructure Projects Ltd is engaged in construction of railway infrastructure, roads, highways, bridges and irrigation projects in India. ARSS have business activities in the zonal jurisdictions of East Coast Railway, South Eastern Railway, South East Central Railway, Southern Railway and North Western Railway. ARSS also engaged in the railway construction projects, which includes earthwork, major and minor bridges, supply of ballast, sleepers, laying of sleepers and rails, linking of tracks etc. ARSS have completed around 200 km rail line and about 300 km of roads and highways.

ARSS Infrastructure is entering in the capital markets with an initial public offering, IPO of Rs. 103.00 Crore for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 410/- at lower level and Rs 450/- at upper level for equity share of Rs 10/-.

The issue opens on February 08, 2010, and closes for subscription on February 11, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

ARSS Infrastructure Projects Ltd IPO subscribed 4.21 times on its day 3. ARSS Infrastructure IPO was open on February 08, 2010 and will close tomorrow on February 11, 2010 for subscription. ARSS has received bids for 1,05,76,335 shares as against issue size of 25,12,195 shares.

Oversubscription detail for Day 3

Qualified Institutional Buyers (QIBs): 5.8689 Times

Non Institutional Investors: 1.7689 Times

Retail Individual Investors (RIIs): 1.7060 Times

Total: 4.21 Times

ARSS Infrastructure Projects Ltd IPO subscribed 3.48 times on its day 2. ARSS Infrastructure IPO was open on February 08, 2010 and will close on February 11, 2010 for subscription. ARSS has received bids for 87,52,095 shares as against issue size of 25,12,195 shares.

Oversubscription detail for Day 2

Qualified Institutional Buyers (QIBs): 5.2700 Times

Non Institutional Investors: 1.4750 Times

Retail Individual Investors (RIIs): 0.5811 Times

Total: 3.48 Times

ARSS Infrastructure Projects Ltd IPO fully subscribed on its day 1. ARSS Infrastructure IPO opens today on February 08, 2010 and closing on February 11, 2010 for subscription. ARSS has received bids for 32,69,385 shares as against issue size of 25,12,195 shares.

Oversubscription detail for Day 1

Qualified Institutional Buyers (QIBs): 1.9694 Times

Non Institutional Investors: 0.4152 Times

Retail Individual Investors (RIIs): 0.2607 Times

Total: 1.30 Times

ARSS Infrastructure Projects Ltd is engaged in construction of railway infrastructure, roads, highways, bridges and irrigation projects in India. ARSS have business activities in the zonal jurisdictions of East Coast Railway, South Eastern Railway, South East Central Railway, Southern Railway and North Western Railway. ARSS also engaged in the railway construction projects, which includes earthwork, major and minor bridges, supply of ballast, sleepers, laying of sleepers and rails, linking of tracks etc. ARSS have completed around 200 km rail line and about 300 km of roads and highways.

ARSS Infrastructure is entering in the capital markets with an initial public offering, IPO of Rs. 103.00 Crore for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 410/- at lower level and Rs 450/- at upper level for equity share of Rs 10/-.

The issue opens on February 08, 2010, and closes for subscription on February 11, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

ARSS Infrastructure Projects Ltd is engaged in construction of railway infrastructure, roads, highways, bridges and irrigation projects in India. ARSS have business activities in the zonal jurisdictions of East Coast Railway, South Eastern Railway, South East Central Railway, Southern Railway and North Western Railway. ARSS also engaged in the railway construction projects, which includes earthwork, major and minor bridges, supply of ballast, sleepers, laying of sleepers and rails, linking of tracks etc. ARSS have completed around 200 km rail line and about 300 km of roads and highways.

ARSS Infrastructure is entering in the capital markets with an initial public offering, IPO of Rs. 103.00 Crore for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 410/- at lower level and Rs 450/- at upper level for equity share of Rs 10/-.

The issue opens on February 08, 2010, and closes for subscription on February 11, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).