Wednesday, October 14, 2009

Man Infraconstruction files DRHP for IPO

Man Infraconstruction has filed a draft red herring prospectus (DRHP) for its proposed 100% book built public issue of 5,625,150 equity shares of face value of Rs 10 each.

It has been promoted by Parag Shah and Mansi Shah and is headquartered in Mumbai. The company provides construction services for port infrastructure, residential, industrial, commercial and road infrastructure projects.

The book running lead managers to the proposed IPO are IDFC-SSKI Ltd and Edelweiss Capital Ltd.

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