Incorporated in 2003, H.G. Infra Engineering Ltd (HGIEL) is Jaipur, Rajasthan based an infrastructure construction, development and management company. Company focus area is road projects, including highways, bridges and flyovers. Company’s main business operations include providing engineering, procurement and construction (EPC) services on a fixed-sum turnkey basis and undertaking civil construction and related infrastructure projects. HGIEL is also engaged in executing water pipeline projects and are currently have two water supply projects in Rajasthan.
HGIEL has completed 13 large projects in the roads and highways sector aggregating to a total contract value of Rs 16,748.94 million, which included construction, improving, widening, strengthening of two and four lane highways, construction of high level bridge and construction of earthen embankment, culverts and cart track underpasses. As of now company has 21 ongoing projects in the roads and highways sector.
HGIEL is pre-qualified to bid independently on an annual basis for bids by NHAI and MoRTH. HGIEL’s public sector clients include NHAI, PWD, MES and Jaipur Development Authority.
HG Infra IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹263 to ₹270 per equity share |
| Market Lot | 55 Shares |
| Min Order Quantity | 55 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 541019 |
| NSE Symbol | HGINFRA |
| ISIN | INE926X01010 |
| Issue Size | Aggregating up to ₹462.00 Cr |
| Fresh Issue | Aggregating up to ₹300.00 Cr |
| Offer for Sale | Aggregating up to ₹[.] Cr |
HG Infra IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | 26-Feb-18 |
| IPO Close Date | 28-Feb-18 |
| Basis of Allotment Date | 6-Mar-18 |
| IPO Listing Date | 9-Mar-18 |
HG Infra IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 55 | ₹14,850 |
| Maximum | 13 | 715 | ₹193,050 |
IPO Allotment Status
Please Click Hare To Check IPO Allotment Status For H.G. Infra Engineering Ltd
Company Promoters:
The Promoters of the Company are Mr. Harendra Singh, Mr. Vijendra Singh and Mr. Girish Pal Singh.
Company Financials:
| PARTICULAR | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 |
| Total Assets | 5,380.18 | 3,753.92 | 2,249.66 | 2,148.10 | 2,265.99 |
| Total Revenue | 9,739.72 | 7,148.02 | 3,377.33 | 4,465.84 | 3,254.40 |
| Profit After Tax | 492.97 | 301.83 | 92.22 | 171.71 | 134.9 |
Objects of the Issue:
The Offer comprises a Fresh Issue of Rs 300 Cr and an Offer for Sale of up to 6,000,000 Equity Shares.
The Offer for Sale
Each of the Selling Shareholders will be entitled to the respective proportion of the proceeds of the Offer for Sale. Company will not receive
any proceeds of the Offer for Sale by the Selling Shareholders.
The Fresh Issue
The Net Proceeds of the Fresh Issue are proposed to be utilized by the Company for the following objects:
(a) Purchasing capital equipment;
(b) Repayment/ prepayment in part or in full, of certain indebtedness; and
(c) General corporate purposes.
Registrar & Company Details
| Company Contact Information | HG Infra IPO Registrar |
| H.G. Infra Engineering Ltd 3rd Floor, Sheel Mohar Plaza, A-1, Tilak Marg, C-Scheme, Jaipur 302 001 Phone: +91 141 4106040 Email: cs@hginfra.com Website: http://www.hginfra.com/ | Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: hginfra.ipo@linkintime.co.in Website: http://www.linkintime.co.in |
