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Receives bids for 95.77 lakh shares as against 48.6 lakh shares on offer. Construction firm MBL Infrastructures' initial public offering (IPO) was subscribed 1.97 times, NSE data showed. The IPO received bids for 95.77 lakh shares as against 48.6 lakh shares on offer. The price band for the IPO has been fixed at Rs 165 to Rs 180 per share. The qualified institutional buyers category was
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... engineering projects for various government bodies and other clients. MBL has a fast growing business that provides integrated engineering ... Pradesh, Chattisgarh, Jharkhand, Haryana and Karnataka.
MBL is focused on the following sectors:
1. Highway Construction ... MBLst Corridor by NHAI and was the first to complete the project. MBL was the first to be awarded the comprehensive maintenance of Ring Road ...
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Swastika Investmart has come out with a research report on MBL Infrastructures\’ IPO. The IPO of 57,00,000 ... %2F%2Fwww.rupya.com%2F2009%2F11%2F27%2Fsubscribe-to-mbl-infra-ipo-with-long-term-view-swastika%2F12005';
addthis_title = 'Subscribe+to+MBL+Infra+IPO+with+long+term+view%3A+Swastika';
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Subscribe to MBL Infra IPO with long term view: Swastika ...
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AK Lakhotia, CEO of MBL Infrasturctures, informed to media that its IPO will hit the market on 27th Nov 09 to raise Rs 100 ... waste management (ferrous scrap and slag recycling) at major steel plants.
MBL Infra had a turnover of Rs 505 .8 crore in FY09 with a ... lead manager and Intime Spectrum Registry Limited is the registrar to the issue.
Tags: MBL Infra IPO
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... (UTC)
Subject: Geojit BNP Paribas' IPO Alert- MBL infrastructures
To: sultanarun <sultanarun@gmail.com>
Issue ... Investor:
Rs. 1,00,000
Incorporated in 1995, MBL Infrastructures Ltd is engaged in the
construction and maintenance of roads and highways, ... Grading / Rating
ICRA has assigned an IPO Grade 2 to MBL Infrastructures Ltd IPO. This
means as per ICRA, company has below average ...
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The initial public offering (IPO) of construction company MBL Infrastructure opened for subscription today. The company's IPO ... the issue looked fully priced, or even slightly overpriced. "MBL Infra is expected to have an EPS of Rs 22 for FY10, ... available.
Manish Bhatt of Prabhudas Lilladher said one should subscribe to MBL Infrastructures for listing gains, as it looked to be good. " ...
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