Ramky Infrastructure, an integrated construction, infrastructure development and management company, has filed its DRHP with SEBI on 19th December 2007 to enter the capital market with an IPO of equity shares of Rs 10 each for cash at a price to be decided through a 100% book-building process aggregating to Rs 400 crore..
The company proposes to pre-place equity shares to certain investors prior to filing of the RHP with RoC (Pre-IPO Placement). If the Pre-IPO Placement is completed, the number of Equity Shares issued pursuant to the Pre-IPO Placement, will be reduced from the Issue, subject to a minimum Issue size of 10% of the post-Issue share capital.
The Equity Shares are proposed to be listed on BSE and NSE.
The The BRLMs to the Issue are Enam Securities, Citigroup Global Markets and IL&FS Investsmart Securities.
The proceeds from this Issue are intended to be deployed for investing in the subsidiaries such as
The company is the flagship company of the Ramky Group, a group of affiliated companies that, in addition to the services provided by the company, has been involved in water and waste water projects, transportation projects, irrigation projects, industrial projects and parks (including SEZs), power transmission and distribution projects, residential, commercial and retail property developments and a transport terminal development.
The company achieved a turnover of Rs 710 crore for the year 2006-07 against Rs 650 crore for FY06. The Hyderabad-based company had consistently achieved a growth rate of 35-40 per cent in the last few years,