IPO Issue Details
Issue Price / Price Band₹100 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size5,38,800 shares (aggregating up to ₹5.39 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 10 Mar 2016
Subscription CloseFri, 18 Mar 2016
Anchor AllotmentWed, 09 Mar 2016
Basis of AllotmentThu, 24 Mar 2016
Initiation of RefundsFri, 25 Mar 2016
Credit of Shares to DematFri, 25 Mar 2016
Listing DateWed, 30 Mar 2016
UPI Mandate Deadline2016-03-18
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 1,200 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 2,400 shares
Net Offer to Public5,11,200 shares (aggregating up to ₹5.11 Cr)
Reserved for Market Maker27,600 shares (aggregating up to ₹0.2760 Cr)
Pre-IPO Promoter Holding14,88,832 shares
Post-IPO Promoter Holding20,27,632 shares
About HEC Infra Projects Ltd.
HEC Infra Projects Ltd (HEC) is an EPC (Engineering, Procurement and Construction) and SIRC (supply installation Testing & Commission) contractor in the field of Electrical engineering. The Company is a registered as a Class-I Composite Category with Central Public Works Department (CPWD and also been awarded contractor license from Gujarat Energy Transmission Corporation limited (GETCO) as Class - C Contractor and is a registered EPC Contractor with Indian Farmers Fertilizer Cooperative Limited (IFFCO).HEC is an Electro-Mechanical Contracting firm undertaking Turn-key as well as EPC Projects. The company is in the field of execution for all kind of Electro - Mechanical contracting work since more than last 18 years.HEC has associated concerns wherein complete range of L.T. and H.T. Electrical Panel Boards are manufactured. It has served for many projects (upto 220KV) catering across industries such as Steel, Chemical, Cement, Refineries, Petrochemicals, Gas & Oil Sector, Textile, Pharmaceuticals, Power-generation plants, Ports, Commercial Centers, Banks, Malls, Multiplexes, Call Centers, Software Park & SEZ.
Objects of the Issue
HEC Infra Projects Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital Requirement
4.99
Shareholding & Lock-in
Pre-IPO Promoter Holding
14,88,832 shares
Post-IPO Promoter Holding
20,27,632 shares