Gammon Infrastructure Projects Limited – IPO

Gammon Infrastructure Projects Limited
Period	10-Mar to 13-Mar 2008
Size (Equity Shares)	0
Type	100% Book Building
Face Value	Rs. 10-
Price Range	Rs 167 to Rs 200
Market Lot	35
Max shares Retails investor can apply at cut off	490
Registrar	Intime Spectrum Registry Ltd
Registrar's email	giplipo@intimespectrum.com
Lead Manager	IDFC - SSKI Private Limited And Macquarie India Advisory Services Private Limited
Listing	BSE, NSE
Grading
About the company
Incorporated in 2001, Gammon Infrastructure Projects Limited ('GIPL'), is an infrastructure project development company promoted by Gammon India Limited, to participate in the development of infrastructure projects on a public private partnership ("PPP") basis. GIPL is among the first company in India to be modeled as an infrastructure developer holding company with investments spread across various sectors. GIPL currently undertake and development of infrastructure projects on PPP basis across sectors such as Roads & Expressways, Ports, Hydro Power, Urban infrastructure, Airports, Special Economic Zones, Water and Wastewater management, Railways, Power Transmission lines, and Agricultural Infrastructure. GIPL is present in the following areas of Infrastructure development - Project Development, Project Advisory and Sector Specific Operations & Maintenance Currently infrastructure project development business includes thirteen projects, of which four are already in the operations phase, five are in the development phase and four are in the pre-development phase.
Objects of the Issue
To contribute to a part of the investment required by - KBICL, subsidiary formed for design, construction, finance & maintenance of 1.8 kilometer long four-lane bridge across river Kosi; - GICL, subsidiary formed for design, construction, finance & maintenance of 32 kilometer long four-lane bypass to Gorakhpur town on NH-28 in the state of Uttar Pradesh; - SHPVL, subsidiary formed for developing the Rangit-II hydroelectric power project in the state of Sikkim; Infusion of funds into MNEL, subsidiary formed for the four-laning of the 99.5 kilometers Vadape-Gonde section (between Mumbai and Nasik) Meet general corporate purposes; Meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges.