IRCON International Limited is going to float an Initial Public Offer (IPO) Next week September 17 to September 19.  Ranked 248 on the list of top 250 global contractors by the United States based ENR (Engineering News Record).

Have a look at the IPO details:

Issue Open: September 17 – September 19, 2018

Issue Size: 9,905,157 shares worth INR 470.49 crore

Issue Price: INR 470 – INR 475 per equity share

Minimum Order Quantity: 30 shares

Listing At: BSE & NSE

The company won’t receive any fund from the offer & all funds shall go to the existing shareholder.

About IRCON International Limited:

Established in 1976, IRCON International Limited is a Delhi based government company engaged in the business of construction and engineering. The company is having specialization in giant infrastructure projects including railways, highways, flyovers, bridges, mechanical and electrical works and development of residential, industrial and commercial areas. The company has 26 project offices, 5 overseas project offices in Bangladesh, Sri Lanka, South Africa, Algeria, and Malaysia.