CMM Infraprojects Limited IPO

CMM Infraprojects Limited

Issue Open

Sep 29, 2017

Price Band

₹ 40

Issue Size

₹ 18.18 Cr

Credit of Shares to Demat

-

Issue Close

Oct 04, 2017

Bid Lot

3000

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

3000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Oct 12, 2017

Refunds

-

About the company:

For the last ten years, CMM Infra Projects Ltd is into the business of construction and development of infrastructure projects in Buildings and Roads on contract basis.

Date of establishment: CMM Infraprojects Limited was incorporated in 1979

 

Product & Service Offering: They design and construct various Housing Complex, Commercial Complex, Hospitals / Healthcare, Corporate Offices, Education Institutions, Defence Offices, Irrigation, ST Parks, IT Offices, Sports Complex, Automated and manual Car Parking, Sewerage, Highways / Roads, Bridges and Railways.

Promoters of CMM Infraprojects ltd.: Ms. Laxmi Devi Mundra, Mr. Kishan Mundra and Ms. Samta Mundra are the promoters of CMM Infraprojects Limited.

 

Customer segment: Their clients include Government / PSUs / Corporates & various other organizations across.

 

Objects of the Issue: The objects of the Offer is to:-
-     To Finance expansion Project
-     To Finance General corporate expense

Company Financials:

CMM Infraprojects financial performance (in INR crore)

   

FY2013

FY2014

FY2015

FY2016

FY2017

Total Assets

 

46.08

65.10

72.67

102.93

106.31

Total revenue

 

85.8

98.2

145.3

178.8

202.2

Total expenses

 

84.3

96.6

142.3

175.2

196.9

Profit after tax

 

1.1

1.1

1.9

2.3

6.2

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