NKG Infrastructure IPO files DRHP with SEBI

November 27, 2007

NKG Infrastructure IPO has recently filed its DRHP with SEBI for an issue of 63 lakh equity shares of Rs. 10 each with the premium to be decided later through the Book Building process.

NKG Infrastrucutre has worked on different construction projets across India and currently the company is executing 67 projects with the value of estimated at Rs 527 crore.

The company plans to used the funds raised from the Public offer for capital expenditure requirements and for funding the BOT projects.

NKG Infrastructure IPO plans to list the equity shares on the BSE and NSE stock exchanges.The company has appointed  SPA Merchant Bankers Limited as the BRLM to the NKG Infra IPO.

Posted in IPO-Subscription, Indian IPOs