Kaushalya Infrastructure Dev Corp Ltd IPO

Incorporated in 1992, Kaushalya Infrastructure Development Corp Ltd (KIDCO) is in the business of Construction & infrastructure development and Hotel industry.

KIDCO's infrastructure development projects involving construction and maintenance of roads and highways, construction of bridges, erection of transmission lines, electrification projects, as well as commercial and residential complexes. KIDCO has completed several major projects and has catered to a wide range of clients in Eastern India including NPCC Ltd, WBSRDA, Mackintosh Burn Ltd., Energy Power Department, Govt. of Sikkim, Westinghouse Saxby Farmer Ltd., Engineering Projects (I) Ltd, RCD of Jharkhand, PWD of West Bengal, Jharkhand, Chattrishgarh and Sikkim.

KIDCO also runs a hotel (Hotel Kaushalya Heritage) in Jhargram, West Bengal. Jhargram is an important tourist destination because of its magnificent forests of Sal, Piyal and Mahua. Hotel complex is on 2.49 Acres of Land and has 10 AC Rooms & 1 Non AC rooms.

Objects of the Issue:

1. The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital To Purchase capital equipments comprising construction and infrastructure equipments for execution of projects.

2. For Real Estate Development and/or BOT/BOOT projects;

3. To meet the long term working capital requirements of the Company

Kaushalya Infrastructure Dev Corp Ltd IPO
Issue Period	November 20, 2007 to November 23, 2007	Issue Price	Rs. 50.00 - 60.00
Issue Size	8500000 Equity Shares	Listing	BSE and NSE
Issue Type	100% Book Building	Book Running Lead Manager	SREI Capital Markets Limited
Face Value	Rs. 10/-	Name of the registrar	Intime Spectrum Registry Ltd