HG Infra Engineering Ltd. News and Updates

Name: Latest research reports of HG Infra Engineering Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: HG Infra Engineering Ltd.
Rating: 3
Author: ICICI Securities Limited

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HG Infra Engineering Ltd.

22 Feb 2018

1114.40

4.72%

HG Infra Engineering- IPO

IPO Note: HG Infra Engineering Ltd.

ICICI Securities Limited

HG Infra Engineering (HGIEL) is an infrastructure construction company focused on road projects. Its core business operations include providing EPC services on fixed-sum turnkey basis. HGIEL has executed projects in six states across Rajasthan, UP, Maharashtra, etc. It reported robust revenue, PAT CAGR of 31.6%, 38.3% in FY13-17 to | 970 crore, | 49.3 crore, respectively. IPO consists of fresh issue of 1.1 crore equity shares worth ~| 300 crore (at higher end of price band of | 270) & offer for sale...

HG Infra Engineering Ltd. is trading above its 100 day SMA of 1085.7

HG Infra Engineering Ltd.

19 Feb 2018

1114.40

4.72%

IPO Update - H.G. Infra Engineering Ltd.

IPO Subscribe: HG Infra Engineering Ltd.

Choice India

H.G. Infra Engineering Ltd. (HGIEL) is an infrastructure construction, development and management company with extensive experience in road projects, including highways, bridges and flyovers. The issue is a combination of fresh and OFS. The company will not receive any proceeds from the OFS. Of the net proceeds, around Rs. 1,156mn would be utilized to prepay and/or repayment of the debts availed by the company. Another, Rs. 900mn would be utilized for the...