Shriram EPC Limited IPO

Shriram EPC Limited IPO
Period	29-Jan to 01-Feb 2008
Size (Equity Shares)	5,000,000
Type	100% Book Building
Face Value	Rs. 10-
Price Range	Rs 290 to Rs 330
Market Lot	20 Shares
Max shares Retails investor can apply at cut off	300 shares (Rs.300)
Registrar	Cameo Corporate Services Ltd
Registrar's email	shriramepc@cameoindia.com
Lead Manager	ICICI Securities Limited, Motilal Oswal & Kotak Mahindra
Listing	BSE, NSE
Grading
About the company
Established: 2000; Business: Service provider of integrated design, engineering, procurement, construction and project management services for renewable energy projects, process and metallurgical plants and municipal services sector projects and one of India's leading 250KW wind turbine generator ('WTG') manufacturers. Company's engineering, procurement and construction business is focused on providing integrated turnkey solutions for biomass-based power plants, bio-ethanol production plants, process and metallurgy plants (including thermal power plants), water and wastewater treatment plants, water and sewer infrastructure and pipe rehabilitation. Their WTG business has been focused on developing, manufacturing, erecting and commissioning 250KW WTG, and is currently developing megawatt-class WTGs. Shriram businesses are categorized into two segments: Engineering, procurement and construction ("EPC") projects and development, sale and maintenance of WTGs. EPC business which focuses on renewable energy, process and metallurgy and municipal services projects. They have completed wind energy projects for WTG business throughout India, particularly south India, and internationally in Zambia and France & EPC project across 16 states in India.
Objects of the Issue
Investment in subsidiary and Associate Companies; Meet general corporate purposes; Meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges.