Latest news with #RaviInfrabuildProjectsLtd
Economic Times
09-05-2025
- Business
- Economic Times
Ravi Infrabuild Projects files draft papers with Sebi to raise Rs 1,100 cr through IPO
Ravi Infrabuild Projects Limited plans to raise Rs 1,100 crore through an IPO. The company has filed papers with SEBI for approval. The IPO consists of a fresh issue of equity shares. Funds will be used for equipment purchase and debt payment. The construction company focuses on roads, highways, and bridges. Their order book stands at Rs 3,092 crore. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Construction company Ravi Infrabuild Projects Ltd has filed preliminary papers with markets regulator Sebi seeking its approval to raise Rs 1,100 crore through an initial public offering (IPO). The proposed IPO is entirely a fresh issue of equity shares with no Offer-for-Sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on of the issue will be utilised for the purchase of new equipment, investment in the subsidiaries for payment of debt, and for general corporate Infrabuild Project is a civil construction company engaged in the development of roads, highways, bridges, flyovers, and tunnels primarily for public sector clients. With more than two decades of experience, the company has presence across multiple Indian states, including Rajasthan, Madhya Pradesh, Maharashtra, and Uttar company operates across multiple modes including EPC (Engineering, Procurement, and Construction) and hybrid annuity models, with a portfolio that includes projects under Bharatmala Pariyojna, NHAI, IRCTC, MoRTH, and various state company's total order book stood at Rs 3,092 crore as on December 31, 2024. Motilal Oswal Investment Advisors Ltd and Axis Capital Ltd are the book running lead managers to the equity shares are proposed to be listed on the BSE and NSE.
Time of India
09-05-2025
- Business
- Time of India
Ravi Infrabuild Projects files draft papers with Sebi to raise Rs 1,100 cr through IPO
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Construction company Ravi Infrabuild Projects Ltd has filed preliminary papers with markets regulator Sebi seeking its approval to raise Rs 1,100 crore through an initial public offering (IPO). The proposed IPO is entirely a fresh issue of equity shares with no Offer-for-Sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on of the issue will be utilised for the purchase of new equipment, investment in the subsidiaries for payment of debt, and for general corporate Infrabuild Project is a civil construction company engaged in the development of roads, highways, bridges, flyovers, and tunnels primarily for public sector clients. With more than two decades of experience, the company has presence across multiple Indian states, including Rajasthan, Madhya Pradesh, Maharashtra, and Uttar company operates across multiple modes including EPC (Engineering, Procurement, and Construction) and hybrid annuity models, with a portfolio that includes projects under Bharatmala Pariyojna, NHAI, IRCTC, MoRTH, and various state company's total order book stood at Rs 3,092 crore as on December 31, 2024. Motilal Oswal Investment Advisors Ltd and Axis Capital Ltd are the book running lead managers to the equity shares are proposed to be listed on the BSE and NSE.
