R & B Infra Ltd. IPO Details
R & B Infra was incorporated on June 15, 2005 as “Mundara Developers Private Limited”. The company is an integrated engineering, procurement and construction company with an experience of more than two decades in design, project management services and diverse engineering works in India.
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 8.5 M | - | - | ₹0 | DRHP DOC |
R & B Infra Ltd. issue details
R & B Infra Ltd. has 8.5 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
R & B Infra Ltd. IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
R & B Infra Ltd. NUMBER OF SHARES ON OFFER
R & B Infra Ltd. FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) |
| FY22 | 119.2 | 2,127.2 | 311.3 | 303.7 |
| FY21 | 95.4 | 1,849.8 | 203.1 | 199.3 |
| FY20 | 71.7 | 1,531.3 | 95.4 | 9.9 |
R & B Infra Ltd. INFORMATION ON IPO ISSUE
About R & B Infra Ltd.
R & B Infra was incorporated on June 15, 2005 as “Mundara Developers Private Limited”. The company is an integrated engineering, procurement and construction company with an experience of more than two decades in design, project management services and diverse engineering works in India.
Object of the Issue
- Funding working capital requirements of the company
- General corporate purpose
R & B Infra Ltd. Strengths
Strong project management capabilities with industry experience
Since incorporation, the company has completed 45 projects having an aggregate contract value of Rs.1,05,427.68 Lakhs
Visible growth through a robust order book
As on August 31, 2022, the company has been awarded contracts that are ongoing to the aggregate of Rs 1,78,645.28 lakhs of which Rs 53,015.36 lakhs worth of works have been executed and the remaining Rs 1,25,629.92 lakhs are part of the order book
Strong financial performance
In the last three years, despite external factors such as covid and other disruptions the company has been able to achieve strong financial performance
R & B Infra Ltd. Risks
Legal proceedings
The company, promoter/director and group companies are parties to certain legal proceedings and any adverse decision in such proceedings may have a material adverse effect on business, results of operations and financial condition
Income-tax authorities have conducted searches
The income-tax authorities have conducted searches at the premises of the company and promoter/director and any adverse outcome of the searches would have an adverse effect on the operations and reputation of the company
IPO FAQs
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.