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�� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��
Engineers India Limited | |
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Symbol | ENGINERSIN |
Series - Non Retail | IS |
Series - Retail | RS |
Number of shares being offered for sale | 3,36,93,660 equity shares of Rs 10 each |
Reservation portion for Retail | 20% of offer size |
Discount to Retail | 5% for RS series |
Maximum Bid Quantity | 3,36,93,660 equity shares |
Name of the Seller (s) | The President of India, acting through and represented by the Ministry of Petroleum and Natural Gas, Government of India |
Name of the broker (s) on behalf the seller | 1. SBICAP Securities Limited 2. ICIC Securities Limited 3. Edelweiss Securities Limited 4. Deutsche Equities India Private Limited |
Face Value | Rs 10 |
ISIN | INE510A01028 |
Date of offer | 29-01-2016 |
Floor Price | Rs 189 |
Market Lot | 1 Equity Share |
Tick Size | Rs 0.05 |
OFS Bidding Time | 09:15 AM to 15:30 PM |
Engineers India Ltd was set up in 1965 to provide engineering and related technical services for petroleum refineries and other industrial projects. The company has also diversified into sectors like infrastructure, water and waste management, solar & nuclear power and fertilizers to leverage its strong technical competencies and track record.
The company is set to raise Rs. 690 crores through offer for sale in 2016. Following are the details of the issue:
Earn 5% Discount* |
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